HP

Hewlett-Packard
From Wikipedia, the free encyclopedia
(Redirected from HP)
Coordinates: 37.413579°N 122.14508°W
"HP" redirects here. For other uses, see HP (disambiguation).
Hewlett-Packard Company

Type Public
Traded as NYSE: HPQ
Dow Jones Component
S&P 500 Component
Industry Computer hardware
Computer software
IT consulting
IT services
Founded 1939
Founder(s) Bill Hewlett, David Packard
Headquarters Palo Alto, California, U.S.
Area served Worldwide
Key people Raymond Lane
(Executive Chairman)
Meg Whitman
(President & CEO)
Products See products listing
Revenue US$ 126.033 billion (2010)[1]
Operating income US$ 11.479 billion (2010)[1]
Net income US$ 8.761 billion (2010)[1]
Total assets US$ 124.500 billion (2010)[1]
Total equity US$ 40.781 billion (2010)[1]
Employees 324,600 (2010)[1]
Divisions Hardware
Financing
Services
Software
Subsidiaries List of acquisitions
Website HP.com
Hewlett-Packard Company (NYSE: HPQ) or HP is an American multinational information technology corporation headquartered in Palo Alto, California, USA that provides products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors.
The company was founded in a one-car garage in Palo Alto by Bill Hewlett and Dave Packard. Currently, HP is the world's leading PC manufacturer, operating in nearly every country. It specializes in developing and manufacturing computing, data storage, and networking hardware, designing software and delivering services. Major product lines include personal computing devices, enterprise, and industry standard servers, related storage devices, networking products, software and a diverse range of printers, and other imaging products. HP markets its products to households, small- to medium-sized businesses and enterprises directly as well as via online distribution, consumer-electronics and office-supply retailers, software partners and major technology vendors. HP also has strong services and consulting business around its products and partner products.
Major company changes include a spin-off of part of its business as Agilent Technologies in 1999, its merger with Compaq in 2002, and the acquisition of EDS in 2008, which led to combined revenues of $118.4 billion in 2008 and a Fortune 500 ranking of 9 in 2009.[2] In November 2009, HP announced the acquisition of 3Com;[3] with the deal closing on April 12, 2010.[4] On April 28, 2010, HP announced the buyout of Palm for $1.2 billion.[5] On September 2, 2010, won its bidding war for 3PAR with a $33 a share offer ($2.07 billion) which Dell declined to match.[6]
Hewlett-Packard is not affiliated with Packard Motor Car Corporation, founded by James Ward Packard and William Doud Packard .

Founding

Bill Hewlett and Dave Packard graduated in electrical engineering from Stanford University in 1935. The company originated in a garage in nearby Palo Alto during a fellowship they had with a past professor, Frederick Terman at Stanford during the Great Depression. Terman was considered a mentor to them in forming Hewlett-Packard.^[7] In 1939, Packard and Hewlett established Hewlett-Packard (HP) in Packard's garage with an initial capital investment of US$538.^[8] Hewlett and Packard tossed a coin to decide whether the company they founded would be called Hewlett-Packard or Packard-Hewlett^[9] Packard won the coin toss but named their electronics manufacturing enterprise the "Hewlett-Packard Company". HP incorporated on August 18, 1947, and went public on November 6, 1957.

Of the many projects they worked on, their very first financially successful product was a precision audio oscillator, the Model HP200A. Their innovation was the use of a small incandescent light bulb (known as a "pilot light") as a temperature dependent resistor in a critical portion of the circuit, the negative feedback loop which stabilized the amplitude of the output sinusoidal waveform. This allowed them to sell the Model 200A for $54.40 when competitors were selling less stable oscillators for over $200. The Model 200 series of generators continued until at least 1972 as the 200AB, still tube-based but improved in design through the years.

One of the company's earliest customers was Walt Disney Productions, which bought eight Model 200B oscillators (at $71.50 each) for use in certifying the Fantasound surround sound systems installed in theaters for the movie Fantasia.

Culture

The founders, known to friends and employees alike as Bill and Dave, developed a unique management style that came to be known as The HP Way. In Bill's words, the HP Way is "a core ideology ... which includes a deep respect for the individual, a dedication to affordable quality and reliability, a commitment to community responsibility, and a view that the company exists to make technical contributions for the advancement and welfare of humanity."^[50] The following are the tenets of The HP Way:^[51]

1. We have trust and respect for individuals.
2. We focus on a high level of achievement and contribution.
3. We conduct our business with uncompromising integrity.
4. We achieve our common objectives through teamwork.
5. We encourage flexibility and innovation.

sumber: id.wikipedia.org