also @ TechSpot: Asus' new lineup of Z87 Haswell motherboards revealed

› ›

HP surpasses IBM

By Justin Mann

On November 17, 2006, 11:59 AM

HP had a fantastic year, apparently, so good that for the first time they have surpassed IBM in revenue for the year. Totaling $91.7 billion, they inched ahead of the IT giant. HP has long been just a step under IBM, and the two make up a majority of IT business around the world. HP cites a lot of the growth coming from increased use of laser printers and multifunction printers, which today are affordable enough to buy for the home. Overall this shows HP more than tripling the amount of profit they saw the past few quarters.

IBM is expected to finish the year with $90 Billion in revenue.

No tags on this story

Post a comment

Post a new comment

Social Login & Guest Posting TechSpot Members
Login here or sign up for free,
it takes about a minute.
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.
TechSpot on:

Most Popular

Trending Featured
More Trending Topics

Featured on Smartphones

Downloads and Drivers

Downloads   Drivers  

J. River Media Center 18.0.187

ComicRack 0.9.169

Ashampoo UnInstaller 5.03

Files Terminator Free 2.5.0.11

Advanced Host Monitor 9.50

More Downloads

Latest Discussion

Wireless capability keeps turning off 20 replies on Storage and Networking

Catalyst Control Center Error 8 replies on Device Drivers

Laptop overheats after coming out of sleep 6 replies on Mobile Computing

Which is the best smartphone to buy? 9 replies on Mobile Computing

No monitor signal 64 replies on Audio and Video

More Recent Discussion

Subscribe to TechSpot

Get free exclusive content, learn about new features and breaking tech news.