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Hewlett-Packard. The Hewlett-Packard Company, commonly shortened to Hewlett-Packard (/ ˈhjuːlɪt ˈpækərd / HYEW-lit PAK-ərd) or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components, as well as software and related services ...
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. [25] [26] 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.
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As of 2012, Hewlett-Packard has made a total of 129 acquisitions since 1986. [a] [3] Its first acquisition was the F.L. Moseley Company in 1958. This move enabled HP to enter the plotter business, which was the predecessor to its printer business of today. [4] In 1989, HP purchased Apollo Computer for US$476 million, [5][6] enabling HP to ...
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