HP Inc.

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HP Inc. (often known now as just "HP") is an American technology company, created on November 1, 2015 as one of two successors of Hewlett-Packard, along with Hewlett Packard Enterprise.[1] It develops and provides hardware, such as personal computers and printers.[1] It is the legal successor of the old Hewlett-Packard. The split was structured so that Hewlett-Packard changed its name to HP Inc. and spun off Hewlett Packard Enterprise as a new publicly traded company. HP Inc. retains Hewlett-Packard's stock price history, as well as its NYSE ticker symbol of HPQ (whereas Hewlett Packard Enterprise uses a new ticker, HPE).[2] HP is now focusing on consumers who improve their computers frequently and spend more money on games.[3] They released the gamer-centric Omen line of laptops and desktops targeted at mid-range consumers with an Omen X line to debut later in 2016.[3]

HP Inc. is the larger successor of Hewlett-Packard in terms of revenue. It recorded US$57.3 billion in revenue in 2014, compared with Hewlett Packard Enterprise's US$53 billion. 50,000 employees will work at HP Inc., and Dion Weisler has been announced as CEO of the new company created as a result of the Hewlett-Packard Co. separation.[4]

See also

References

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  1. 1.0 1.1 Lua error in package.lua at line 80: module 'strict' not found.
  2. See company history section of HP Inc.'s information page at the NYSE Web site
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