1. Hewlett-Packard

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  2. About Hewlett-Packard

    The Hewlett-Packard Company , commonly known as HP, is currently the world's largest information technology corporation (by revenue) and is known worldwide for its printers, personal computers and high end servers. Headquartered in Palo Alto, California, United States, it has a global presence in the fields of computing, printing, and digital imaging, and also provides software and services. The company, which once catered primarily to engineering and medical markets—a line of business it spun off as Agilent Technologies in 1999—now markets to households and small business products such as printers, cameras and ink cartridges found in grocery and department stores.

    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. HP is now the No. 1 ranking company in worldwide personal computer shipments, surpassing rival Dell, market research firms Gartner and IDC reported in October 2006; the gap between HP and Dell widened substantially at the end of 2006, with HP taking a near 3.5% market share lead.

    The company released an outlook for FY07 of between $100.5 and $100.9 billion during its Q2 earnings results. This will make HP the first IT company to [http://redmondmag.com/reports/article.asp?EditorialsID=510 cross the $100 billion] revenue mark."