HP Inc. is the surviving entity following the November 2015 split of Hewlett-Packard Company into publicly traded entities - Hewlett Packard Enterprise Company and HP Inc.
The company is a leading global provider of personal computing and other access devices, imaging and printing products, and related technologies, solutions and services to individual consumers, SMBs and large enterprises, including customers in the government, health and education sectors.
Headquartered in Palo Alto, CA, HP Inc. was founded in 1939. In Europe, Middle East, Africa (EMEA), the company is headquartered in Geneva, Switzerland. In Asia Pacific, the company's headquarter is in Singapore.
HP reported net revenue of $63.5 billion in fiscal 2021. HP has three reportable segments: Personal Systems, Printing and Corporate Investments.
The Personal Systems segment (68% of FY21 Revenues) offers Commercial and Consumer desktop and notebook personal computers (PCs), Workstations, thin clients, Commercial mobility devices, retail point-of-sale (POS) systems, displays and other related accessories, software, support and services.
The Printing segment (32%) provides Consumer and Commercial printer hardware, Supplies, solutions and services, as well as scanning devices. Corporate Investments includes HP Labs and certain business incubation projects.
The Personal Systems Group competes with Lenovo, Dell, Acer, Apple, Toshiba and Samsung Electronics while the Printing segment shares space with the likes of Canon, Lexmark International, Xerox, Seiko Epson, The Ricoh Company and Brother Industries.
The company recognized 43% of its fiscal 2021 revenues from the United States while "Other countries" contributed to the rest of the revenues.
In the past four fiscal years, notebook PCs, printing supplies and the desktop PCs, each accounted for more than 10% of the company’s consolidated net revenue stream.
As of Oct 31, 2021, the company’s worldwide patent portfolio included more than 28,000 patents comprising the ones acquired from Samsung.
The company had approximately 53,000 employees worldwide as of Oct 31, 2021.