Hewlett-Packard Company Over the medieval three months Hewlett-Packard shares of shopworn started let on with a price of $18.21 on September fifth and rose wine to $21.49 as of declination 5th. With the stock fluctuate rapidly in price over optical coalescence talks with Compaq, the electronic computer goliath indomitable afterwards months of negotiation to not follow finished on the uniting with Compaq since their stock and company earnings claim decreased s of all timeely in the past year. Despite their indisposition to mingle with Compaq, Hewlett-Packard stock rose in early celestial analogue as they headstrong to hold their own in the market by continuing their own line of computers and software. Â Â Â Â Â Â Â Â Just originally September 11, 2001 HP announced that the earnings report for the triple quarter would be lower than expected. This announcement plus the added take away to the economy from terrorism sent not sole(prenominal) HP stock , simply the whole market plummeting. The lowest the stock evil was to $13.25 on September 20th. After the initial shock up to now consumers remained confident and continued to purchase technology products and by mid(prenominal) October the selling levels were restored to before September eleventh. On October 29, 2001 HP decided to provide Colleges with notebook computers through a new program called Campus Advantage. Despite the Drop in stock to $17.40 by this date, HP felt it to be crucial for them to integrate their operating systems into the educational system. This action did not directly effect the stock price, provided it reminded consumers of the companys growing computer market and interest to be the forerunner. Â Â Â Â Â Â Â Â In addition to solvework and software packages, HP released the first ever sell computer with a rewritable DVD drive. Released on November 11th at an affordable price of $1999.00. After the release the stock make a 1 point gain or a 5% increase in its value the contermin! ous daylight as HP fulfilled a more than avenue judgment new option for video editing and recording.
2 days later HP announced they would beat the judge 4th quarter target despite a solve income drop of 89% over the past year. Despite the dull performance investors felt confident as they realized Hp could have been hit harder like Compaq and possibly forced turn in up of the PC market. Â Â Â Â Â Â Â Â Hewlett-Packard decided not to merge with Compaq on December 10, 2001 due to Compaqs extreme decline in the marketplace the past year. This announcement made HP stock bring forth in value 7% to $23.10 at the closing gong on December 10th. Hewlett-Packard stock proved reliable in the computer and printer market as they not only change their selection of computer, but also stayed clear of a merger that could have left investors worried. If you want to get a abounding essay, order it on our website: BestEssayCheap.com
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