Hewlett-Packard Company (NYSE:HPQ) packing a PC punch in India
Emerging markets like India have become a magnet for phone and computer companies. Hewlett-Packard Company (NYSE:HPQ) has now expanded its commercial Personal Computer portfolio in the market in India. It has launched a hybrid, touch enabled laptop as well as a business-notebook. In a release, the company said that The HP ProBook 430 and the HP EliteBook Revolve will now be available right across the country.
The Elite one
The touch-enabled laptop, EliteBook allows users to share work and it functions as a tablet as well. On the other hand, the HP ProBook 430 is essentially a business-notebook and is perfect for everyday use. The EliteBook is powered by 3rd generation Intel Core processors and is optimized for the Windows 8 OS. It offers the visuals and the performance of a full power notebook and also gives users the flexibility of using it as a tablet. It has a HD touch enabled display.
The Professional one
The ProBook has inbuilt security safeguards that protects it from viruses. It is also able to detect any corruption that has taken place in the system and will alert the user about it. It has the HP client security software suite. This encrypts the hard drive, can discard or permanently delete unwanted data and also restrict any unauthorized access. Both these products are set to take the ripe Indian market by storm.
Latest trading session
In Thursday’s trading session there was a 0.40% dip in HPQ stock. The opening price of the shares was $22.53 which touched an intraday high of $22.69 and closed at $22.52. More than 0.818 million shares were traded on Thursday while the average volume of shares traded over 30 days was 1.13 million. The company has a market cap of $43.42 billion. HPQ provides products, software, technologies, services and solutions to various individual consumers, SMB’s as well as to and enterprises and the Government, education and health sectors.