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Case Study on Hewlett Packard

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MBA6100 Managerial Accounting TEXAS I & HEWLETT PACKARD JAHZUYAN SAWO 10/01/2011

Hewlett Packard commonly referred to as HP; the HP was founded by Hewlett and Packard in a one car garage in Palo Alto. HP is one of the world’s largest information technology (IT) operating in nearly every country. HP specializes in developing and manufacturing the world computing, data storage, and networking hardware, designing software and delivering services. Major product lines include personal computing devices, enterprise, and industry standard servers. HP markets its product to households, small to medium –sized businesses and enterprises directly as well as via online distribution, consumer-electronics and office-supply retailer, software partners and major technology vendors. Approximately $40 billion of their sale are coming from services. In 2007 HP posted net revenue in 2010 was $126.3 billion, in 2009 net revenue was $115 billion, with making HP the first IT company in history to report revenue exceeding $100 billion in 2008 HP retain its global leadership position in inkjet, laser, large format and multi-function printers market, ad its leadership position in the hardware industry, Also HP become No.2 globally in IT services. HP leaders have an advantage that enables them to learn and adjust as few others can. The depth, breath, and vitality that come alive daily through the firm’s values –the HP way- are asset from which most of the silicon Valley continue to learn. HP general managers regularly discuss and assess the vitality of the HP way, a process that inevitably results in corrective action to ensure its continued viability.Hewlett

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