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Business Description
Hewlett-Packard Company (HP) is a technology solutions provider to consumers, businesses and institutions globally. The Company's offerings span 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. As of October 31, 2003, HP organized its operations into six business segments: the Imaging and Printing Group, the Personal Systems Group, the Enterprise Systems Group, HP Services, HP Financial Services and Corporate Investments.

Financial Information
For the nine months ended 7/31/04, net revenues rose 10% to $58.52 billion. Net income rose 43% to $2.41 billion. Results reflect higher software revenues and desktop sales, the favorable impact of aweakening U.S. dollar and lower restructuring charges.