Hewlett Packard is currently the largest technology company in the world, with an annual revenue exceeding $100 billion. An industry giant today, HP was formed by two colleagues who graduated with a degree in electrical engineering from Stanford. William Hewlett and Dave Packard started Hewlett-Packard in a garage in Palo Alto, California. Their first successful project was an audio oscillator, and a simple design difference allowed them to sell their oscillator at a fraction of the price of the competition. The direction of the company was unclear in the early years, until HP decided to focus on high quality electronics and test equipment. This eventually led to HP’s dominance of today’s technology market.
Now HP is a primary seller of personal computers, printers, software, technology services and HP copier models. A significant amount of sales revenue also comes from the HP printer cartridges necessary for HP printers.
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