Thursday, November 23, 2006

HP the new IT giant !

As per the latest financial results from HP, it has surpassed IBM
as the world's largest IT company. HP has forcasted that in
2007, its revenue would be $97 billion. Which is more then
that of IBM's. Though that won't be so easy for HP, since
if IBM manages to improve its revenue HP would remain
on the second spot.

IBM's revenue for 3Q 2006 -> $22.6 billion
http://www.ibm.com/investor/3q06/3q06earnings.phtml

HP's revenue for 3Q 2006 -> $24.6 billion
http://h30261.www3.hp.com/phoenix.zhtml?c=71087&p=irol-newsArticle&ID=932290&highlight=

For Q3 2006, HP was the world's largest PC seller,
surpassing Dell. A feat, which was thought to be
almost impossible to achieve.

No comments: