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HP Essential was a trademark used by Hewlett-Packard (later HP Inc.) to denote their entry-level, inexpensive laptops using the Microsoft Windows operating system, produced since 2009. Products under the "Essential" moniker include the HP Laptop series [ 1 ] and HP Notebook series, as well as products simply branded as "HP".
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The vast majority of laptops on the market are manufactured by a small handful of Taiwan-based original design manufacturers (ODM), although their production bases are located mostly in mainland China. Quanta Computer pioneered the contract manufacturing of laptops in 1988. By 1990, Taiwanese companies manufactured 11% of the world's laptops.
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HP's first quarter fiscal 2024 net revenue was $13.2 billion, representing a 4.4% decrease (4.9% in constant currency) year-over-year. [29] [30] HP's strong operating activities in the first quarter of fiscal 2024 generated $121 million in net cash. The company also reported a positive free cash flow of $25 million for the quarter.
It looks like HP is getting into the prepaid data game. The company just announced DataPass, a solution that lets you purchase 3G service from your laptop. The service is HP-branded, and that isn ...