HP 12C Financial Calculator
by Hewlett Packard
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Category: CE
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Digital Photo Product Details
Manufacturer: Hewlett PackardFormat: CD
Model: HP12C
Product features:
- Calculator with built-in financial functions and statistics
- Uses Reverse Polish Notation (RPN)
- More than 120 built-in functions, including register-based cash-flow analysis
- 10-character, 1-line LCD display
- Device measures 5.0 x 0.6 x 3.1 inches (WxHxD)
- Energizer Watch/Electronic/Specialty Battery, A76 (A76BP)
- Duracell Batteries / 4 AA - size batteries
- MMF Industries Chain-Riter Counter Pen And Base, Black Ink
- Chain-Riter? Counter Pen, Medium Point, 1.0 mm, Black Ink
- How to Use the Hp12C
Digital Cameras Photo Reviews of HP 12C Financial Calculator
Customer Review: Price of GOLD is up, so don't bury the golden flagship HP12c !
Summary: 5 Stars
WHY THIS BELATED REVIEW? I feel very obliged to share my views about this old workhorse, the HP12C GOLD at its 25th anniversary and my 1Oth year as a satisfied ower user and fan. Especially after sharing my frank views on Amazon about two of its three successors on Amazon.com, burying the HP12c Platinum (2004 1st release, HP12cP) and praising the HP12c Platiunum Anniversary Edition (2006 3rd release, HP12cPAE or HP12cPA).
To the majority of HP 12c calculator owners and fans, including the non-techkie nerd like myself, the name Hewlett-Packard To the majority of HP 12c calculator owners and fans. The brandname of Hewlett-Packard is synonymous with the highest quality and best range offered in handheld electronic business financial calculators before the first generation of personal computers hits the desktops of business users.
To date (December 2007), the bearer of this "gold" standard is none other than the HP12C HP's "golden boy" in its calculator business segment.The HP12C now a matured product, is the only continuing HP handheld surviving calculator product since '81 and probably the longest selling electronic calculator ever. According to HP almost 15 million HP 12Cs, cPs was sold since ,it is probably the best selling HP (and RPN) calculator ever.
As a proven product, the HP12C "gold" works from day 1, with its form factor and sofware remaining unchanged and has not been dethroned by rivals and even its HP successors which had come and go.
Even with PC software versions being sold, the 12C remains the truly indispensable "portable" finance-business heldheld computer for its owners, professionals and students alike. This handy companion powers up immediately and is faster than any portable personal computers to jump right into the action.
The HP12C is a serious product and the ultimate time tested solution, field tested proven by its users and survived all its rival products, the workhorse moves on.
Anyone in charge of this HP line should always bear in mind that the continued production run of the HP 12c is a testimony of HP's quality and standard expected by its customers.
Don't just listen to a HP12C fan here, I own and am using three out of 4 models of the HP 12C series, and it is amusing and somewhat disappointing to observe that it had taken HP at least four years and two major upgrades of the HP 12c Platinium, in its futile attempt to "fix & retire" the HP12C with three successors in the form of HP12cPlatinum since 2004.
It would seems especially frustrating on the part of HP, to realize after all the effort spent on remaking the HP12cPlatinum models that it would not outdone its siblings the HP10bII and HP17bII+ series to seriously challenge the HP12C Gold. However, by their own rights the HP10Bs and HP17Bs, and the HP12cPlatinum may find their rightful place in the HP financial calculator line, differentiating the HP12C GOLD in terms of price and functions.
IMHO, this had happened because the following golden rules were infringed by HP...
GOLDEN RULE I - A PRODUCT WHICH STILL SELLS ITSELF IS NEVER OBSOLETE.
GOLDEN RULE II - IF IT AREN'T BROKEN, DON't FIX IT ! "The gold rule of thumb should always be guarded as gospel by the HP heldheld calculator product team. Based on the same reasoning, the HP12C's built quality and product standard is paramount to its users.
GOLDEN RULE III - ALWAYS LISTEN TO YOUR CUSTOMERS! If in doubt, see rules I & II.
GOLDEN RULE IV - ONLY OUTSOURCE THE MANUFACTURING OF YOUR PRODUCT TO SOMEONE WHO COULD BETTER YOUR OWN PRODUCT QUALITY. If in doubt ask IBM about Lenovo.
GOLDEN RULE V - THE BENCHMARKING INDUSTRY STANDARD FOR THIS PRODUCT LINE IS THE HP12C. Just in case, if HP does not know or is not listening to its customers.
GOLDEN RULE VI - DO NOT DISCONTINUE THE ICONIC HP12C GOLD. HP needs no reminder that the customer is always right. Please let your customer, the ultimate market force decide if the HP12C should ever be retired.
As an ardent fan of HP12C and line of financial business & scientific calculators, I am of the view that the day when HP discontinue the HP12C would be the day it exit this business segment. I speculate this would happen when the HP brandname disappears from the 12C just like after IBM name had disappeared from ThinkPads and ThinkCentres.
Since the price of GOLD is on the rise, it is indeed puzzling to fans of the HP12C, why HP did not release a genuine HP12C gold 25th anniversary model for the fans to mark the occasion, if replacing the discontinuing the HP12C GOLD is the intention READ ALL GOLDEN RULES above.
To be fair, the silver HP12c Platinum Anniversary is very nice and has spotted the "retro" silver look of the HP 11C, however, it is still not the GOLD standard. With HP missing this golden opportunity to mark the occasion, I would love to see and own a HP 12C engraved with 50th Anniversary logo, reckon that this would be the ultimate testimony for the HP12C and a milestone for its fans.
Looking forward, a GOLD 50th anniversary HP12C Anniversary model would be very nice for the fans.
For HP, this is a lucrative business proposition. By now, they would have realized that if they have any of its products which could hit a 50th year home run in 2031, it would not be from its other product line-it would be this original HP12C GOLD standard bearer. So please treat the old workhorse with the upmost respect!
Description of HP 12C Financial Calculator
The HP 12C Financial Calculator features built-in financial functions and statistics, uses Reverse Polish Notation (RPN), more than 120 built-in functions, including register-based cash-flow analysis, 10-character, 1-line LCD display, Device measures 5.0 x 0.6 x 3.1 inches (WxHxD).It has 10-character, 1-line LCD display.If you bought yourself a financial calculator during the 1980s, chances are it was this bad boy. Nothing has changed since its introduction--it still uses Reverse Polish Notation (RPN), is easy and versatile in programming, and has a thin, sturdy casing. Certainly, there's been newer, fancier calculators introduced since, but there's something to be said for the quality of classics.
The HP 12C's functions include all the basics--such as calculating APR, NPV, and IRR--and statistics are a snap. For students new to financial calculators, this is an excellent place to start. For the most part, the manual reads like a minitextbook, walking you through sample problems and situations followed by graphs and tables demonstrating the technique--and you can even check your results. The section on creating programs does seem to be written for the technically ignorant, addressing in detail how you could possibly benefit from using programs, but it'll still help you get the job done.
In general, it's a bit slower than newer models, just like last year's computer isn't as speedy as today's new release. On the plus side, it's just 3 by 5 inches and slips easily into a pocket. The bottom is printed with a few little cheat notes for common functions, which is nice for quick reference. The HP 12C's one-year warranty and available tech-support line offer reassurance this little workhorse will continue to be an industry standard for years to come. --Jill Lightner
Pros:
- Pocket size
- Thorough and simple instruction manual
- Competitive price
Cons:
- Calculates more slowly than modern machines
Calculator, user's manual, installed batteries and carrying case
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