Hewlett-Packard

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Profile Overview: Hewlett-Packard Company

Contents

Fortune 1000 Rank: 11 (Down 1 from previous placement of 10)

http://www.hp.com/
NYSE: HPQ Hewlett-Packard Company Investor Page
Hewlett-Packard on Wikipedia

Rankings

  • 11 in FORTUNE 1000 (May 2011)
    • 11 in FORTUNE 500 (May 2011)
  • S&P 500
  • 64 in FT Global 500 (June 2011)
  • Dow Jones Industrials
  • Dow Jones Global Titans
Hewlett-Packard Corporation Rank 11, Public
Number of Employees 324,600
HeadQuarters 3000 Hanover St. Palo Alto, CA 94304-1185
CEO Margaret C. (Meg) Whitman
Phone 650-857-1501
Fax 650-857-5518
Industry Computers, Office Equipment
Current Market Cap 52.7b


Fortune Snapshot

Company Financials $ millions  % Change From Latest Quarter $ Millions
Revenue 126,033.0 10.0 31,189.0
Profits 8,761.0 14.4 1926.0
Assets 124,503.0
Stockholder Equity 40,449.0

Abstract

One of the first major technological companies on the Fortune 1000 list, Hewlett-Packard is a powerhouse, despite recent managerial difficulties. The turmoil in the upper echelons should hopefully be at end now with the installment of new CEO Meg Whitman, former director for HP and well known in the technology and business world for her work building eBay into the juggernaut it is today.

Cited by the New York Times as “the world’s largest technology company by revenue”, HP has seen some trials over recent years, with Whitman being the third CEO in just over a year. Such instability is surprising considering the company is not only the world's largest technology, but also one of the oldest in Silicon Valley - started in 1939 by entrepreneurs David Packard and William Hewlett, whose names the company still bears along with the philosophy they insisted upon, "The H.P. Way". This philosophy is summarized by the words on HP's claim on their "About Us" page: “HP strives to be an economic, intellectual and social asset to each country and community in which we do business.”

And they do indeed do business. Operating on a massive global scale, according to Hoover's, the company sells in over 170 countries and receives two-thirds or more of its sales from outside the United States. Their products are divided into 3 major groupings - The Personal Systems Group, The Imaging and Printing Group, and Enterprise Business - with the Enterprise Business aspect being the largest by far. It is subdivided into segments "Services", "Enterprise Storage and Servers" (ESS), and "HP Software". In addition, there are also segments "HP Financial Services" (HPFS) and "Corporate Investments", bringing the total division of Hewlett-Packard's operations to 7 distinct segments. (NYT)


Works Cited

Relevant Information

Corporate Body

Hewlett-Packard Executive Team

  • President and Chief Executive Officer
Margaret C. (Meg) Whitman
  • Executive Vice President, Personal Systems Group
Todd Bradley
  • Executive Vice President and General Manager, Enterprise Servers, Storage, Networking and Technology Services
Dave Donatelli
  • Executive Vice President, Global Technology and Business Processes
John Hinshaw
  • Executive Vice President and Chief Marketing Officer
Marty Homlish
  • Executive Vice President, Imaging and Printing Group
Vyomesh Joshi
  • Executive Vice President, Human Resources
Tracy Keogh
  • Executive Vice President and Chief Financial Officer
Cathie Lesjak
  • Executive Vice President, Information Management Founder and Chief Executive Officer, Autonomy
Michael Lynch
  • Executive Vice President, HP Software
Bill Veghte
  • Executive Vice President, Enterprise Services
John Visentin
  • Executive Vice President, Global Sales
Jan Zakad

Fiscal Information

  • Fiscal Year-End
October
  • 2010 Sales (mil.)
$126,033.0
  • 1-Year Sales Growth
10.0%
  • 2010 Net Income (mil.)
$8,761.0
  • 1-Year Net Income Growth
14.4%
  • 2010 Employees
324,600
  • 1-Year Employee Growth
6.8%

(Hoover's)

Top 5 Competition

Worldwide

  1. Accenture
  2. Dell
  3. IBM
  4. Acer
  5. Affiliated Computer Services

United States

  1. Apple
  2. Dell
  3. Xerox
  4. Pitney Bowes
  5. NCR

External Links & References

References, Resources, Citations

  1. http://www.hp.com
  2. Hewlett-Packard Company Information Page
  3. Hewlett-Packard Company About Us Page
  4. Hewlett-Packard Company Investor Page
  5. [1] Fortune Snapshot
  6. Hoover's Company Records Ha-Hl. (Jan 1, 2012).
  7. [2] New York Times
  8. http://en.wikipedia.org/wiki/Hewlett-packard
  9. [3] Hewlett-Packard Company Executive Team Page


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