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Achievements
Today, HP employs 142,000 employees in 176 countries, doing business in 43 currencies and 15 languages, with leadership on every continent in every major market on earth. In fiscal year 2003, HP had sales of $73.1 billion. As a company, it has always exemplified the idea that great organizations are defined not simply by their capabilities, but by their character.
As capabilities go, HP’s 2002 merger with rival Compaq changed the computing landscape. Today, HP is in a lot of places you see every day. It powers more than 100 stock and commodity exchanges, including 14 of the world’s largest. It supports 95 percent of the world’s largest securities transactions. It helps process two out of every three credit card transactions worldwide and three out of every four electronic funds transfers. For more than 100 million cell phone subscribers, HP software identifies them when they turn on their phones and allows them to place calls. Every day, more than 167 million pictures are taken using HP digital cameras.
HP is also one of the world’s top ten innovators, generating more than 11 new patents a day, the highest rate of innovation in the company’s history.
The company is equally well known for its character, recognized as one of the world’s leading global citizens, with the number-six ranking on Fortune magazine’s most admired global companies list. HP’s involvement takes many forms, from environmentally sound products and services to investments in education, from matching employee contributions to bridging the digital divide by providing underserved communities with affordable and sustainable technology solutions. Today, HP is one of several companies working to evolve a new model of global citizenship, marrying social concerns with long-term business goals, with new initiatives from India to South Africa.
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