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HP Inc. is an American multinational information technology company headquartered in Palo Alto, California, United States. The company has subsidiaries based in countries across the world, with many of them being companies previously acquired by HP.
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.
By 1990, Taiwanese companies manufactured 11% of the world's laptops. That percentage grew to 32% in 1996, 50% in 2000, 80% in 2007 and 94% in 2011. [ 6 ] [ 7 ] The Taiwanese ODMs have since lost some market share to Chinese ODMs, but still manufactured 82.3% of the world's laptops in Q2 of 2019, according to IDC.
Parent company Country of origin Year of market entry Year of market exit Fate Note(s)/ ref(s). 3R Computers: Orange Nassau Electronics (1985–1992) United States: 1981: 1992: Acquired by Digital Communications Associates: Acorn Computers — United Kingdom: 1978: 1998: Acquired by Morgan Stanley and reorganized as Element 14: Action Computer ...
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The initial companies signed five-year agreements in which they would pay double the tuition for each student in order to cover the costs. Hewlett-Packard has become the largest personal-computer manufacturer in the world, and transformed the home-printing market when it released the first thermal drop-on-demand ink-jet printer in 1984. [33]
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As of 2012, Hewlett-Packard had made a total of 129 acquisitions since 1986; [3] The majority of companies acquired by HP were based in the United States. Its first acquisition was the FL Moseley Company in 1958. This move enabled HP to enter the plotter market, the precursor to its leading role in the printer business. [4]