Essay about Analysis Of Hewlett Packard 's Corporate Divorce

1123 Words Apr 21st, 2016 null Page
Corporate Divorce
On November 1st 2015 former tech giant Hewlett-Packard (HP) split up into two different companies; Hewlett Packard Enterprise and HP, Inc. Headquartered in Palo Alto, California, Hewlett Packard was originally founded in 1939 by 2 Stanford graduates, Bill Hewlett and Dave Packard. Like today’s iconic company Apple Inc, Hewlett Packard was founded in garage with initial capital investment of 538 dollars. HP first incorporated on 1947 and went public in 1957. According to Marketwatch.com, in 2014 alone, a year before it’s official split up, HP collected annual revenue of 111.48 billion dollars, about a billion dollars less than their previous year. While their net-income had been moving up and down, as of 2015 their revenue was sheer decreasing since 2011, where their annual revenue was well over 127 billion dollars. Throughout the history, Hewlett Packard has taken many business risks and has ultimately produced various successful products. During 1960s HP was recognized as one of the symbolic founder of Silicon Valley, even though at the time, their semiconductors were mainly used on instruments and calculators. HP introduced inkjet and laser printers for the desktop on 1984, and registered HP.com as their domain name on 1986. Part of the reason HP became big was because of their constant acquisitions of other tech companies, for example, they bought Apollo Computer and Convex Computer on 1989 and 1995, respectively. In 2002 Hewlett Packard became even…

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