PALO ALTO, Calif.--(BUSINESS WIRE)--HP (NYSE:HPQ) today marked 30 years of innovation and industry acclaim with a limited-edition HP 12c Financial Calculator, the gold standard of business calculation, which the company has sold continuously for three decades.
The HP 12c revolutionized financial calculations with a breakthrough landscape layout, computations more accurate than federal standards publications and an unmatched keypad that let users enter complex formulas with ease, speed and confidence. Replaceable miniature batteries enabled the calculator to fit in a shirt pocket.
The 12c calculator remains a vital tool in the lives of finance and business professionals, and is one of only two calculators permitted for use during financial professional certification exams.(1)
“1981 was a historic year with the launch of the space shuttle Columbia, popularization of the personal computer and the release of a calculator so iconic that 30 years later we’re selling the same model,” said Phil McKinney, vice president and chief technology officer, Personal Systems Group, HP. “It’s too bad we can’t calculate how many deals were decided, trades transacted and loans granted with the assistance of the 12c.”
The calculator features Reverse Polish Notation (RPN), which improves efficiency, thereby speeding the calculation of loan payments and interest rates, time value of money, standard deviation, percent, cash flows, bonds and more.
To commemorate this milestone, HP is now offering a limited-edition 30th anniversary HP 12c calculator. Each calculator has a unique production number laser-etched on the back, and is sold in an elegant gift box. It features the same timeless design and durability of the original.
The HP 15c, back by popular demand
HP also reintroduced the HP 15c Scientific Calculator, first launched in 1982. The 15c is one the most advanced scientific calculators in the HP line-up and an essential tool for scientists and engineers. Also featuring RPN entry, the 15c is programmable and offers built in support for complex numbers, matrix math, numeric integration and root solving.
Discontinued in 1989, the HP 15c has lived on as a mobile app. For a limited time, HP is making the 15c available with its same intelligent design, but with 100 times faster processing speed than the original.
Pricing and availability(2)
- The HP 12c Financial Calculator is available now at HP Home & Home Office for $79.99.
- The HP 15c Scientific Calculator is expected to be available at HP Home & Home Office this month for $99.99.
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure at the convergence of the cloud and connectivity, creating seamless, secure, context-aware experiences for a connected world. More information about HP is available at http://www.hp.com.
(2) Estimated U.S. street prices. Actual prices may vary.
© 2011 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
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