The 1990s witnessed many product introductions and successes for HP, such as continued development of their highly successful family of printers, and their line of HP3000 and HP9000 computing systems. Additionally, several entirely new entries in the computer market were introduced, including the HP95LX handheld computer in 1991, which weighed eleven ounces and cost about $700; and the Pavilion PC in 1994, aimed at the home computer market.
HP has a successful line of printers, scanners, digital cameras, calculators, PDAs, servers, workstations, and home-small business computers. Until recently HP even offered a re-branded version of Apple's famous iPod. HP today promotes itself as not just being a hardware and software company, but also one that offers a full range of services to architect, implement and support today's IT infrastructure.
In 2003, HP had 140,000 employees world wide. From July 1999 to February 9, 2005, the chairman and CEO was Carly Fiorina, the first woman ever to serve as CEO of a company included in the Dow Jones Industrial Average. Amid controversy over her performance and threats of reductions in her responsibilities by the HP Board of Directors, Fiorina was eventually forced to resign. The current non-executive chairman is Patricia C. Dunn. She was given this responsibility in February 2005 after Ms. Fiorina left the company. Unlike previous CEOs, Mark Hurd the new CEO of HP does not hold the position of Chairman.
Under HP's current restructuring program, HP began reducing its workforce to lower its costs. By 2006, HP experienced a record profit of $1.5 billion in just one quarter.