HP’s Profit Falls 91%, but It Beats Expectations



                                                                            
                  HEWLETT-PACKARD COMPANY AND SUBSIDIARIES                  
                            SEGMENT INFORMATION                             
                                (Unaudited)                                 
                               (In millions)                                
                                                                            
                                                      Twelve months ended   
                                                          October 31,       
                                                   ------------------------ 
                                                       2011         2010    
                                                   -----------  ----------- 
                                                                            
Net revenue:(a)                                                             
                                                                            
  Services                                         $    35,954  $    35,529 
  Enterprise Servers, Storage and Networking            22,241       20,356 
  HP Software                                            3,217        2,729 
  Personal Systems Group                                39,574       40,741 
  Imaging and Printing Group                            25,783       25,764 
  HP Financial Services                                  3,596        3,047 
  Corporate Investments                                    322          346 
                                                   -----------  ----------- 
    Total Segments                                     130,687      128,512 
  Eliminations of intersegment net revenue and                              
   other                                                (3,442)      (2,479)
                                                   -----------  ----------- 
                                                                                                                       
        Total  HP  Consolidated  Net  Revenue                            $      127,245    $      126,033  
                                                                                                      ===========    ===========  
                                                                                                                                                        
Earnings  from  operations:(a)                                                                                                
                                                                                                                                                        
    Services                                                                                  $          5,149    $          5,661  
    Enterprise  Servers,  Storage  and  Networking                          3,026                2,825  
    HP  Software                                                                                            698                    782  
    Personal  Systems  Group                                                                  2,350                2,032  
    Imaging  and  Printing  Group                                                          3,973                4,412  
    HP  Financial  Services                                                                        348                    281  
    Corporate  Investments                                                                  (1,616)                (366)
                                                                                                      -----------    -----------  
        Total  Segments                                                                            13,928              15,627  
                                                                                                                                                        
    Corporate  and  unallocated  costs  and  eliminations                (314)                (614)
    Unallocated  costs  related  to  stock-based                                                                    
      compensation  expense                                                                      (618)                (613)
    Amortization  of  purchased  intangible  assets                      (1,607)            (1,484)
    Restructuring  charges                                                                      (645)            (1,144)
    Acquisition-related  charges                                                          (182)                (293)
    Impairment  of  goodwill  and  purchased  intangible                                                      
      assets                                                                                                  (885)                      -  
    Interest  and  other,  net                                                                  (695)                (505)
                                                                                                      -----------    -----------  
                                                                                                                                                        
Total  HP  Consolidated  Earnings  Before  Taxes                $          8,982    $        10,974  
                                                                                                      ===========    ===========  
                                                                                                                                                        
                                                                                                                                                        
(a)  Certain  fiscal  2011  organizational  reclassifications  have  been  reflected
        retroactively  to  provide  improved  visibility  and  comparability.  For  each
        of  the  quarters  in  fiscal  year  2010,  the  reclassifications  resulted  in    
        the  transfer  of  revenue  and  operating  profit  among  the  Enterprise              
        Servers,  Storage  and  Networking,  Services,  HP  Software  and  Corporate        
        Investments  financial  reporting  segments.  Reclassifications  between          
        segments  included  the  transfer  of  the  networking  business  from  Corporate
        Investments  to  Enterprise  Servers,  Storage  and  Networking,  the  transfer  
        of  the  communications  and  media  solutions  business  from  HP  Software  to    
        Services,  and  the  transfer  of  the  business  intelligence  business  from  HP
        Software  to  Corporate  Investments.  There  was  no  impact  on  the  previously
        reported  financial  results  for  the  Personal  Systems  Group,  HP  Financial  
        Services  and  Imaging  and  Printing  Group  segments.                                              
                                                                                                                                                        
                                                                                                                                                        
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16  Next Page »
Featured Video
Jobs
Mechanical Engineer for PTEC Solutions at Fremont, California
Upcoming Events
Esri User Conference 2024 at san diego CA - Jul 15 - 19, 2024
URISA GIS Leadership Academy at Chicago IL - Aug 12 - 16, 2024
Commercial UAV Expo 2024 at Caesars Forum Las Vegas NV - Sep 3 - 5, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise