Word: hewlett-packard
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...M.I.T.-trained electrical engineer with a Master's in business from Harvard, the Illinois-born Perkins went west 27 years ago to work at Hewlett-Packard, the Palo Alto, Calif., electronics firm. In 1966 he took $15,000 that he and his wife had been saving to buy a house and invested it in University Laboratories, a Berkeley, Calif., laser company. That stake returned $2 million and launched Perkins' career as a venture capitalist...
...Walkmans, only slightly bigger than a pack of cigarettes and priced at $99.95 and $129.95, are already hot sellers in the U.S. Another potential hit for Sony is its 3.5-in. micro-floppy-disc drive for personal computers, which can store a megabyte, or 1 million characters of information. Hewlett-Packard already includes the Sony device in its machines, Apple Computer will use it in its new Macintosh computer, and there are rumors that IBM is about to adopt it for future computers...
...Chicago-based Leo Burnett advertising agency gave all 1,600 of its U.S. employees a "profit-participation cash bonus." Said one Burnett executive: "It was a good deal better than last year's. I haven't detected a single sign of disappointment." At Silicon Valley's Hewlett-Packard, supervisors ceremoniously handed out checks to 62,500 employees for two weeks' extra pay, just in time for Christmas shopping. To qualify, employees needed at least six months on the job. The total bonus came to $49 million, up slightly from last year. Said Spokeswoman Karen Jervais: "Keeping...
Even well-established computer makers are being forced to copy IBM. In September, Hewlett-Packard (1982 sales: $4.2 billion) introduced an office computer built around the same microprocessor that the PC uses and employing the same operating system. "It's the first time we've conformed to an industry standard," says Cyril Yansouni, general manager of the Palo Alto, Calif.-based company...
...chipmakers are looking ahead to production of a 32-bit microprocessor, which is expected to have its peak sales in about five years and has twice the computational power of the 16-bit chip that is the current industry pacesetter. Western Electric, Hewlett-Packard and NCR Corp. have already unveiled 32-bit chips in hopes of passing Intel and Motorola in the microprocessor race...