The Hewlett-Packard Company, more commonly known as HP, is an American-based information technology corporation that specializes in notebooks, PCs, servers, printers, digital cameras and calculators. Bill Hewlett and Dave Packard, both Stanford electrical engineering graduates, founded HP in 1939 with an investment of $538 US dollars. The company's name was based on a coin flip – the choice was between either Hewlett-Packard or Packard-Hewlett. Packard won the toss but named the company Hewlett-Packard regardless. Their first commercial success was the HP200A audio oscillator. A unique design in the circuit helped the oscillator model last over 33 years. Today, HP's revenue is over $100 billion US dollars and the company employees over 300,000 people worldwide. In 2000, HP acquired Compaq and the majority of HPs notebooks and desktops are branded with the Compaq name. HP's success can be attributed to multiple factors such as being horizontally integrated in the information technology industry. HP has successful lines of printers, scanners, digital cameras, calculators, PDAs, servers and workstations along with computers. Trust in the HP brand helps with the company's success as well; customers know they will be using a high-quality product when the purchase the HP brand. Moving forward, HP has lofty goals for not only expanding the company but for improving the lives of employees and the general public alike. A deep commitment to the environment across all aspects of HP's business is a core goal. HP designs all of its products with the environment in mind. These design factors included complete sustainability throughout the products life cycles and reuse and recycling solutions for products once their life cycles are done. This forward thinking has helped HP become a leader in improving how technological businesses interact with the environment. From HP printers to HP Compaq PCs, you can be assured each product is as good for the environment as it is good for you to use.
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