also @ TechSpot: First Qualcomm Snapdragon 800 benchmarks hit the web

› ›

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

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
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

Downloads and Drivers

Downloads   Drivers  

FeedDemon 4.5

LibreOffice Productivity Suite 4.0.4

Free File Camouflage 1.10

WinRAR 5.0 Beta 6

AIDA64 Extreme Edition 3.00.2500

More Downloads

From the Forums

Quad 7970's How much Power? 16 replies on Audio and Video

PC Building Assistance 26 replies on Other Hardware

Scrambled PC Screen 14 replies on Audio and Video

DO NOT UPDATE PS3 - firmware 4.45 possible bricking 7 replies on Gaming

Apple Mac Tower 66 replies on The Alternative OS

More Recent Discussion

Subscribe to TechSpot

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