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Meaning of HEWLETT-PACKARD

 
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Computing Dictionary
 
 Definition: 

(HP) Hewlett-Packard designs, manufactures and services electronic products and systems for measurement, computation and communications. The company's products and services are used in industry, business, engineering, science, medicine and education in approximately 110 countries.

HP was founded in 1939 and employs 96600 people, 58900 in the USA. They have manufacturing and R&D establishments in 54 cities in 16 countries and approximately 600 sales and service offices in 110 countries. Their revenue (in 1992/1993?) was $20.3 billion. The Chief Executive Officer is Lewis E. Platt. HP's stock is traded on the New York Stock Exchange and the Pacific, Tokyo, London, Frankfurt, Zurich and Paris exchanges.

Quarterly sales $6053M, profits $347M (Aug 1994).

 

 

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