Financial Research Report of Hewlett Packard Co Essay

Financial Research Report of Hewlett Packard Co - Essay Example Hewlett Packard Co. (HP) was formed in 1939 and it is today one of the largest IT companies with its revenue touching $118.4 billion during the financial year 2008.HP is in the industry of Diversified Computer Systems, and is one of 2008 Fortune 500 companies and is placed at no. 14 in the list. HP is a leading provider of e- technologies and products, software, solutions, and services for meeting the business and educational needs of the world. The company caters individuals, small and medium enterprises, as well as large enterprises in different fields of business and social strata. The basic objective of HP is to focus on three technological shifts. The first is to provide for next- generation data center. The second is to attain ‘always on always connected mobile computing, and third to provide for ubiquitous printing and imaging. HP intends to grow into an economic, social, and technological asset to each nation and community where HP carries on its business. HP is committed to three priority areas of raising social and environmental standards in the supply chain; improving energy efficiency in its operations, and to promote product reuse and recycling. HP’s business is divided into three business groups, namely, the Personal System Group, the Imaging and Printing Group, and the Technology Solution Group. The Personal System Group is in the manufacturing of business and consumer PCs, mobile computing devices, and workstations. The Imaging and Printing Group is in business of inkjet, laser jet, and commercial printing, printing supplies, digital photography, and entertainment. The Technology Solution Group deals in business products like storage and servers, EDS, managed services and software. The aims of the company are to make professional marketing services affordable for small businesses, to remain innovative and