Hewlett-Packard Company
Industry: Computer Peripherals

HP is a leading global provider of products, technologies, solutions and services to consumers and businesses. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. HP completed its merger transaction involving Compaq Computer Corp. on May 3, 2002. The company would have had combined revenue on a pro forma basis with the Compaq transaction of approximately $81.1 billion in fiscal 2001 and has operations in more than 160 countries.

Business Summary
Hewlett-Packard Company (HP) is a technology solutions provider to consumers, businesses and institutions globally. The Company's offerings span information technology (IT) infrastructure, personal computing and access devices, global services and imaging and printing. Product and service categories include desktops and workstations; notebooks and tablet personal computers (PCs); printing and multifunction; handheld devices; monitors and projectors; fax, copiers and scanners; digital photography; entertainment; storage; servers; supplies and accessories; networking, and software products. During the fiscal year ended October 31, 2004 (fiscal 2004), HP organized its operations into seven business segments: the Imaging and Printing Group (IPG), the Personal Systems Group (PSG), Enterprise Storage and Servers (ESS), HP Services (HPS), HP Financial Services (HPFS), Software and Corporate Investments.

Financial Summary
Hewlett-Packard Company is a global provider of computing and imaging solutions for business and home, focused on capitalizing on the opportunities of the Internet and the proliferation of electronic services. For the 9 months ended 7/31/05, net revenues rose 9% to $63.78B. Net income fell 18% to $1.98B. Results reflect an increase in volume and improved selling prices, offset by higher bonus accruals.