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Hp Swot

Submitted by sammay21 on December 12, 2006

Category: Business
Words: 3147 | Pages: 13
Views: 828
Popularity Rank: 8,463
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Hewlett-Packard

Hewlett-Packard Company, but commonly known as HP was created in 1939 by Bill Hewlett and Dave Packard both graduates from Stanford University (http://www.hp.com/hpinfo/abouthp/histnfacts/). The very first product invented by Hewlett and Packard was a precision audio oscillator, the Model 200A. Their innovation was the use of a light bulb as a temperature stabilized resistor in a critical portion of the circuit. Their model sold for $54.40 while their competitors were selling less stable oscillators for over $200 USD (http://en.wikipedia.org/wiki/Hewlett-Packard). One of their earliest customers was Walt Disney Productions, who bought their Model 200B oscillators that only cost $71.50 for their movie Fantasia (http://en.wikipedia.org/wiki/Hewlett-Packard). The company is currently headquartered in Palo Alto, California.
Hewlett-Packard serves everyone for various needs. Their customer varies from small business to businesses with an extensive portfolio and as personalized as someone using it for personal purposes. Hewlett-Packard's R&D investment of nearly $4 billion USD fuels the invention of products, solutions and new technologies (http://finance.yahoo.com/q/is?s=hpq). Hewlett-Packard has labs that are constantly researching for new and advanced technology in order to improve customer's lives, change markets, and create business opportunities.
Because Hewlett-Packard is the largest consumer IT Company, the world's largest SMB IT Company, and a leading enterprise IT Company, they have over a million customers around the world (http://www.hp.com/hpinfo/abouthp/). Their strategies are to offer products, services and solutions that are high, low cost and deliver their best customer service. Hewlett-Packard has a team of over 150,000 employees and conduct business with more then 170 countries; they were able to reach $79.9 billion for 2004 fiscal year (http://www.hp.com/hpinfo/abouthp/).
As global...

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