The Hewlett-Packard Company (NYSE: HPQ), commonly referred to as HP, is an information technology corporation headquartered in Palo Alto, California, United States. HP is the largest technology company in the world and operates in nearly every country. HP specializes in building personal computers, notebook computers, servers, blades, switches, printers, calculators, networking products, software, telephones, PDAs, digital cameras, storage, communication platforms, and home media devices among other technology related products and services.
The company once catered primarily to engineering and medical markets—a line of business it spun off as Agilent Technologies in 1999. Today, it operates as a diverse company marketing specific products to households, small to medium size businesses and enterprises. HP sells products such as printers and printer supplies, home and business PCs, and industry-standard servers both directly, via online distribution, consumer-electronics and office-supply retailers, software partners and major technology vendors such as CDW.
HP posted US $91.7 billion in annual revenue in 2006 compared to US$91.4 billion for IBM, making it the world's largest technology vendor in terms of sales. In 2007 the revenue was $104 billion, making HP the first IT company in history to report revenues exceeding $100 billion.
