Monday, 27 September 2010 21:50
HP Sells $4 Million Worth of Computers Each Hour, 2 Sold Every Second
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.
CrunchBase InformationHewlett-PackardInformation provided by CrunchBase
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7Authors: Leena Rao
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