Company profile
Hewlett-Packard Company , commonly referred to as HP, is an American information technology corporation headquartered in Palo Alto, California, USA. HP is one of the world's largest information technology companies and operates in nearly every country. HP specializes in developing and manufacturing computing, data storage, and networking hardware, designing software and delivering services. Mark Hurd joined HP in early 2005 as chief executive officer and president and was named chairman of the board of directors in September 2006. "Everything we do must be for the customer. If it's not, then we need to reconsider why we're doing it.“-MARK
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Strengths Strong brand equity. Diversified product portfolio. Solid market position. Strong financial condition. According to the Fortune 500 best Companies HP ranked at 9th place in the year 2009. Weaknesses Internal control issues. Lack of in-house management consulting division. No aggressive investments in R&D compared to historical spending.