• HP Sells $4 Million Worth of Computers Each Hour, 2 Sold Every Second

    Monday, September 27th, 2010

    Leena Rao currently works as a writer for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

    At TechCrunch Disrupt this morning, HP’s Executive Vice President for the Personal Systems Group, Todd Bradley shed light on the massive number of devices being sold through his group, which Bradley says is in charge of a $40-plus billion revenue stream flowing through the company.

    Bradley says that HP is selling $4 million worth of computers in his group every hour, with 2 computers sold each second. As we wrote earlier, Bradley also sees a lot of potential in the tablet market, estimating that tablets will be a $40 billion market over the next few years.

    Regardless, $4 million in sales per hour within a group is no small amount of change. And that’s why HP could spend $2.4 billion on 3PAR and $1.3 billion on Palm this year alone. That being said, it would be interesting to see how much Apple sees in sales of computers per hours.

    Company: Hewlett-Packard
    Website: hp.com
    IPO: NYSE:HPQ

    Hewlett-Packard Company (NYSE: HPQ), commonly referred to as HP, is an American multinational 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. Major product lines include personal computing devices, enterprise servers, related storage devices, as well as a diverse range of printers and other imaging products....

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