(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%)
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