HP a powerful enterprise in the technology world of PC’s and other products forayed into the tablet market after acquiring the Palm with its TouchPad developed and designed entirely by its competent team of Hardware engineers and their creativity. With the advent of Apple’s iPad a new era dawned and hand held tablets have been taking over the PC’s over the last five years ,and the Tech companies have been vying to roll on newer innovative products to keep pace with the changing trends and also to capture and maintain their markets.
The revenue for Hewlett Packard has gone down by 19% with the recent downfall in the market. This dip happened in the last quarter of 2009. This quarter ended in July 31st, bringing about a total of HP’s earning to be $1.6 billion rather than its $2 billion made a year ago. They got to earn 67 cents per share and then a year ago they would get 80% of the share the year before. HP also earned about $2.2 billion with 91 cents per share at one point other than receiving $568 million with their one time related item.
Their economical analysis revealed that their earnings had been approximated between 82% and 92 cents every share. This would have amounted to $27.7 billion as a total earning for them. HP’s share for their quarter had been expected to be down with a 2% down towing but then the revenue dipped even further with computer, storage as well as financial services coming down the scale. Its printing business too went downscaling while only the service division went up with their singular profit.
HP ProCurve at the moment expanded its much hyped adaptive networks vision by making an announcement about the two initiatives that would enable the customers to deal with the quickly altering project data centre needs and perk up the competence of their network applications.
In addition, adding to HP’s wide-ranging knowledge group, HP ProCurve revealed data centre switches along with the management software intended to lend a hand to the customers at subordinate costs, alleviate risks and steer the industry expansion.
HP recently announced that it would enable the MarketSplash which would be a one-stop shop that presents the lowest possible prices and the fastest delivery times for the range of marketing services such as professional quality design as well as the print fulfilment especially to the small businesses.
This MarketSplash launch by HP would follow a victorious beta test with Nestlé Snacks that has recently used the MarketSplash products to manufacture new packaging designs for its unique brands. Americans can now vote for their favourite designs through an online sweepstakes program.