Hewlett Packard has an impressive earnings surprise history. The company outpaced estimates in all the trailing four quarters, delivering an average earnings surprise of 10.7%. Analysts have raised estimates for fiscal 2022 and fiscal 2023 over the past 60 days, reflecting their confidence in the company.Hewlett Packard Enterprise | HPE has an overall rating of 4.2 out of 5, based on over 18,449 reviews left anonymously by employees. 90% of employees would recommend working at Hewlett Packard Enterprise | HPE to a friend and 83% have a positive outlook for the business.While it is impossible to definitely say that any single factor caused HP's decline, market forces, internal strife at the company and decisions (and indecisions) about acquisitions and potential spin-offs are among the factors that led HP to its current state and eventual split.
What is the ranking of Hewlett Packard : JUST 100's top 10 in 2024
2024 rank
Change
Hewlett Packard Enterprise
1
+6
Bank of America
2
–1
Accenture
3
+1
Intel
4
+5
What has happened to HP
In 2015 Hewlett-Packard split into two companies: HP Inc., which made personal computers and printers, and Hewlett Packard Enterprise, which provided products and services for businesses.
Why is HP popular : Initially producing a range of electronic test equipment, HP rose in the intervening years to become one of the leading manufacturers of personal computers worldwide and a global manufacturer of servers, storage devices, and networking equipment, as well as delivering a variety of IT services for both consumers and …
HP gross profit for the twelve months ending January 31, 2024 was $11.609B, a 0.48% decline year-over-year. HP annual gross profit for 2023 was $11.508B, a 6.16% decline from 2022. HP annual gross profit for 2022 was $12.263B, a 8.53% decline from 2021.
(HPE; BBB+/Stable), HP's financial structure has traditionally been more conservative. However, it has been more exposed to secular challenges, such as within its printing business. HP has better CFO-capex/debt at 23% in its fiscal 2023, compared to 12.2% for HPE.
Where did HP go wrong
HP's biggest blunder was their attempt to acquire Autonomy Corporation for $10.3 billion. The acquisition was supposed to help HP break into the enterprise market, but it ended up being an $8.8 billion loss.As one of the oldest tech companies in the world, HP has produced a wide range of products, including calculators, digital cameras, personal digital assistants, scanners, printers, desktop computers, and laptops. It's currently among the top three laptop manufacturers in market share.HP Inc. is one of the leading PC vendors globally, consistently occupying around 20 percent of the market alongside competitors like Lenovo and Dell. The American technology company was formed in November 2015 following the break-up of its predecessor, Hewlett-Packard Company.
Net revenue and EPS results
HP Inc. and its subsidiaries (“HP”) announced fiscal 2024 first quarter net revenue of $13.2 billion, down 4.4% (down 4.9% in constant currency) from the prior-year period. “Our Q1 results reflect continued progress against our Future Ready plan,” said Enrique Lores, HP President and CEO.
When did HP go out of business : November 1, 2015 Hewlett-Packard
Final logo used from 2012 to 2015, retained by HP Inc.
HP's headquarters in Palo Alto, California, 2013
Defunct
November 1, 2015
Fate
Split into HP Inc. and Hewlett Packard Enterprise
Successors
HP Inc. (legal successor) Hewlett Packard Enterprise DXC Technology Micro Focus Agilent Technologies
Why HP is better than Dell : If you are looking for a balance of performance, power, and durability, Dell is the way to go. For innovative features, cutting-edge design, and better battery performance, choose HP. Remember, new models are released every year with upgraded features.
How did HP become successful
The company began creating powerful business computers, such as stack-based HP 3000 computers, in the 1970s. At the same time, HP debuted the 2640 series of smart computers, which featured one of the first bit-mapped graphical displays.
By most measures, Burgelman says, splitting up HP has been a success for both of the new companies. "Today, it's clear HP made the right decision to split itself up. Both companies have grown in revenues, profitability, and market position," he says.The layoffs are part of a restructuring plan. HP plans to initiate layoffs that will impact as many as 6,000 employees globally over the next three years. HP made the announcement Tuesday while reporting its fiscal year 2022 and fourth quarter earnings.
Is HP a profitable company : HP gross profit for the twelve months ending January 31, 2024 was $11.609B, a 0.48% decline year-over-year. HP annual gross profit for 2023 was $11.508B, a 6.16% decline from 2022. HP annual gross profit for 2022 was $12.263B, a 8.53% decline from 2021.
Antwort How successful is HP today? Weitere Antworten – Is Hewlett Packard doing well
Hewlett Packard has an impressive earnings surprise history. The company outpaced estimates in all the trailing four quarters, delivering an average earnings surprise of 10.7%. Analysts have raised estimates for fiscal 2022 and fiscal 2023 over the past 60 days, reflecting their confidence in the company.Hewlett Packard Enterprise | HPE has an overall rating of 4.2 out of 5, based on over 18,449 reviews left anonymously by employees. 90% of employees would recommend working at Hewlett Packard Enterprise | HPE to a friend and 83% have a positive outlook for the business.While it is impossible to definitely say that any single factor caused HP's decline, market forces, internal strife at the company and decisions (and indecisions) about acquisitions and potential spin-offs are among the factors that led HP to its current state and eventual split.
What is the ranking of Hewlett Packard : JUST 100's top 10 in 2024
What has happened to HP
In 2015 Hewlett-Packard split into two companies: HP Inc., which made personal computers and printers, and Hewlett Packard Enterprise, which provided products and services for businesses.
Why is HP popular : Initially producing a range of electronic test equipment, HP rose in the intervening years to become one of the leading manufacturers of personal computers worldwide and a global manufacturer of servers, storage devices, and networking equipment, as well as delivering a variety of IT services for both consumers and …
HP gross profit for the twelve months ending January 31, 2024 was $11.609B, a 0.48% decline year-over-year. HP annual gross profit for 2023 was $11.508B, a 6.16% decline from 2022. HP annual gross profit for 2022 was $12.263B, a 8.53% decline from 2021.
(HPE; BBB+/Stable), HP's financial structure has traditionally been more conservative. However, it has been more exposed to secular challenges, such as within its printing business. HP has better CFO-capex/debt at 23% in its fiscal 2023, compared to 12.2% for HPE.
Where did HP go wrong
HP's biggest blunder was their attempt to acquire Autonomy Corporation for $10.3 billion. The acquisition was supposed to help HP break into the enterprise market, but it ended up being an $8.8 billion loss.As one of the oldest tech companies in the world, HP has produced a wide range of products, including calculators, digital cameras, personal digital assistants, scanners, printers, desktop computers, and laptops. It's currently among the top three laptop manufacturers in market share.HP Inc. is one of the leading PC vendors globally, consistently occupying around 20 percent of the market alongside competitors like Lenovo and Dell. The American technology company was formed in November 2015 following the break-up of its predecessor, Hewlett-Packard Company.
Net revenue and EPS results
HP Inc. and its subsidiaries (“HP”) announced fiscal 2024 first quarter net revenue of $13.2 billion, down 4.4% (down 4.9% in constant currency) from the prior-year period. “Our Q1 results reflect continued progress against our Future Ready plan,” said Enrique Lores, HP President and CEO.
When did HP go out of business : November 1, 2015
Hewlett-Packard
Why HP is better than Dell : If you are looking for a balance of performance, power, and durability, Dell is the way to go. For innovative features, cutting-edge design, and better battery performance, choose HP. Remember, new models are released every year with upgraded features.
How did HP become successful
The company began creating powerful business computers, such as stack-based HP 3000 computers, in the 1970s. At the same time, HP debuted the 2640 series of smart computers, which featured one of the first bit-mapped graphical displays.
By most measures, Burgelman says, splitting up HP has been a success for both of the new companies. "Today, it's clear HP made the right decision to split itself up. Both companies have grown in revenues, profitability, and market position," he says.The layoffs are part of a restructuring plan. HP plans to initiate layoffs that will impact as many as 6,000 employees globally over the next three years. HP made the announcement Tuesday while reporting its fiscal year 2022 and fourth quarter earnings.
Is HP a profitable company : HP gross profit for the twelve months ending January 31, 2024 was $11.609B, a 0.48% decline year-over-year. HP annual gross profit for 2023 was $11.508B, a 6.16% decline from 2022. HP annual gross profit for 2022 was $12.263B, a 8.53% decline from 2021.