Wednesday, November 16, 2011

Hewlett-Packard (NYSE:HPQ) introduced its first business Ultrabook, by 2015 Expects 95m Ultrabooks annual worldwide shipments


Uploaded by on Nov 16, 2011
Hewlett-Packard (NYSE:HPQ) introduced its first business Ultrabook, which features a thin and light design, strong security options and a responsive solid-state hard drive for the ultimate mobile experience, the company said.

The HP Folio13 also delivers up to nine hours of battery life, the highest performance available among Ultrabook devices currently on the market, HP said.

Measuring less than 18 millimeters thin and using an ultraslim 13.3-inch diagnol high definition BrightView display, the HPFolio weighs just 3.3 pounds, the company added.

Crawford Del Prete, executive vice president, Worldwide Research Products, and chief research officer, IDC said, "This category of product breaks new ground and will be a likely choice for businesses to offer to employees looking for a more consumer-centric experience. We expect Ultrabooks will re-ignite interest in the small form factor PC category, and by 2015 expect 95 million Ultrabooks will be shipping worldwide annually."

Hewlett-Packard (NYSE:HPQ) has potential upside of 5.7% based on a current price of $28.24 and an average consensus analyst price target of $29.84.

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