Hewlett-Packard Business Analysis On February 22nd, 2012 HP announced financial results for its first fiscal quarter ended January 31, 2012. For the quarter, net revenue of $30.0 billion was down 7% from the prior-year period. Gross profit was $6.6 billion and Net Income was $1.46 billion. Revenue from outside of the United States in the first quarter accounted for 66% of total HP revenue. BRIC countries (Brazil, Russia, India and China) generated revenue of $3.1 billion, down 13% from the year-ago period, and representing 10% of total HP revenue. Compared to other company in the same industry HP has not done a better job, and sometimes even below other companies performance. The biggest difference in revenues and financial growth can be seen against Apple, which total revenues reached $ 44.33 billion on the quarter ending on December 31st, 2012, Gross Profit grew to $20.7 billion and a net income of $13.06 billion. Notice that Apple not only has greater revenue but its profits margins are several times greater than HP’s.
On the other hand, Dell has made less revenues and profit than HP. During its quarter ending on February 2nd, 2012 Dell’s total revenue was $16 billion, gross profit $3.38 billion and net income $764 million. Both companies have shown weak earnings results compared to previous years during the same quarters, however HP have better earnings because of its global presence in several markets.
How globalization has affected the company business strategies.
At HP, its approach to social innovation is integrated into its overall business strategy. The company applies its global reach, broad portfolio, and the expertise of its employees to help improve social and economic conditions worldwide in ways that only enterprises with HP's reach can. At the same time, its initiatives have successfully opened up new markets and developed existing ones.