(a) Certain fiscal 2012 organizational reclassifications have been reflected retroactively to provide improved visibility and comparability. For each of the quarters in fiscal year 2011, the reclassifications resulted in the transfer of revenue and operating profit among the Services, Imaging and Printing Group, Enterprise Servers, Storage and Networking, Software and Corporate Investments financial reporting segments. Reclassifications between segments included the transfer of the Indigo Scitex support and the LaserJet and enterprise solutions trade support businesses from Services to the Imaging and Printing Group, the transfer of the business intelligence services business from Corporate Investments to Services, the transfer of the information management services business from Software to Services, and the transfer of the Tipping Point business from Enterprise Servers, Storage and Networking to Software. There was no impact on the previously reported financial results for the Personal Systems Group and HP Financial Services segments.
HEWLETT-PACKARD COMPANY AND SUBSIDIARIES SEGMENT / BUSINESS UNIT INFORMATION (Unaudited) (In millions) Three months ended Growth rate (%) ------------------------------------- --------------- January 31, October 31, January 31, 2012 2011 2011 Q/Q Y/Y ----------- ----------- ----------- ------ ------ Net revenue:(a) Personal Systems Group Notebooks $ 4,942 $ 5,390 $ 5,808 (8%) (15%) Desktops 3,206 3,946 3,896 (19%) (18%) Workstations 535 593 535 (10%) -% Other 190 189 210 1% (10%) ----------- ----------- ----------- Total Personal Systems Group 8,873 10,118 10,449 (12%) (15%) ----------- ----------- ----------- Services Infrastructure Technology Outsourcing 3,701 3,895 3,644 (5%) 2% Technology Services 2,562 2,728 2,514 (6%) 2% Application and Business Services(b) 2,363 2,604 2,371 (9%) -% ----------- ----------- ----------- Total Services 8,626 9,227 8,529 (7%) 1% ----------- ----------- ----------- Imaging and Printing Group Supplies 4,079 4,041 4,358 1% (6%) Commercial Hardware 1,489 1,694 1,565 (12%) (5%) Consumer Hardware 690 684 808 1% (15%) ----------- ----------- ----------- Total Imaging and Printing Group 6,258 6,419 6,731 (3%) (7%) ----------- ----------- ----------- Enterprise Servers, Storage and Networking Industry Standard Servers 3,072 3,384 3,448 (9%) (11%) Storage 955 1,088 1,012 (12%) (6%) Business Critical Systems 405 535 555 (24%) (27%) Networking 586 594 584 (1%) -% ----------- ----------- ----------- Total Enterprise Servers, Storage and Networking 5,018 5,601 5,599 (10%) (10%) ----------- ----------- ----------- Software 946 1,023 725 (8%) 30% ----------- ----------- ----------- HP Financial Services 950 952 827 -% 15% ----------- ----------- ----------- Corporate Investments 58 (131) 62 (144%) (6%) ----------- ----------- ----------- Total segments 30,729 33,209 32,922 (7%) (7%) ----------- ----------- ----------- Elimination of intersegment net revenue and other (693) (1,087) (620) (36%) 12% ----------- ----------- ----------- Total HP consolidated net revenue $ 30,036 $ 32,122 $ 32,302 (6%) (7%) =========== =========== ===========