ex99-1_22013.htm

EXHIBIT 99.1

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
FISCAL 2011 SEGMENT INFORMATION (Revised)
(Unaudited)
(In millions)

	REVISED AMOUNTS															AMOUNTS AS PREVIOUSLY REPORTED															VARIANCE
	Three months ended												Twelve months ended			Three months ended												Twelve months ended			Three months ended												Twelve months ended
	Jan. 31, 2011			Apr. 30, 2011			Jul. 31, 2011			Oct. 31, 2011			Oct. 31, 2011			Jan. 31, 2011			Apr. 30, 2011			Jul. 31, 2011			Oct. 31, 2011			Oct. 31, 2011			Jan. 31, 2011			Apr. 30, 2011			Jul. 31, 2011			Oct. 31, 2011			Oct. 31, 2011

Net revenue: (a)

Personal Systems	$	10,472		$	9,438		$	9,610		$	10,134		$	39,654		$	10,449		$	9,415		$	9,592		$	10,118		$	39,574		$	23		$	23		$	18		$	16		$	80
Printing		6,731			6,843			6,183			6,419			26,176			6,731			6,843			6,183			6,419			26,176			-			-			-			-			-
Total Printing and Personal Systems Group		17,203			16,281			15,793			16,553			65,830			17,180			16,258			15,775			16,537			65,750			23			23			18			16			80
Enterprise Servers, Storage and Networking		-			-			-			-			-			5,599			5,516			5,348			5,601			22,064			(5,599	)		(5,516	)		(5,348	)		(5,601	)		(22,064	)
Enterprise Group		7,859			7,852			7,723			8,026			31,460			-			-			-			-			-			7,859			7,852			7,723			8,026			31,460
Services		-			-			-			-			-			8,529			8,916			9,030			9,227			35,702			(8,529	)		(8,916	)		(9,030	)		(9,227	)		(35,702	)
Enterprise Services		6,268			6,568			6,643			6,789			26,268			-			-			-			-			-			6,268			6,568			6,643			6,789			26,268
Software		725			797			822			1,023			3,367			725			797			822			1,023			3,367			-			-			-			-			-
HP Financial Services		827			885			932			952			3,596			827			885			932			952			3,596			-			-			-			-			-
Corporate Investments		40			31			229			(134	)		166			62			42			235			(131	)		208			(22	)		(11	)		(6	)		(3	)		(42	)
Total segments		32,922			32,414			32,142			33,209			130,687			32,922			32,414			32,142			33,209			130,687			-			-			-			-			-

Elimination of intersegment net revenue and other		(620	)		(782	)		(953	)		(1,087	)		(3,442	)		(620	)		(782	)		(953	)		(1,087	)		(3,442	)		-			-			-			-			-

Total HP consolidated net revenue	$	32,302		$	31,632		$	31,189		$	32,122		$	127,245		$	32,302		$	31,632		$	31,189		$	32,122		$	127,245		$	-		$	-		$	-		$	-		$	-


Earnings before taxes: (a)

Personal Systems	$	672		$	527		$	561		$	567		$	2,327		$	672		$	533		$	567		$	578		$	2,350		$	-		$	(6	)	$	(6	)	$	(11	)	$	(23	)
Printing		1,119			1,136			879			793			3,927			1,119			1,136			879			793			3,927			-			-			-			-			-
Total Printing and Personal Systems Group		1,791			1,663			1,440			1,360			6,254			1,791			1,669			1,446			1,371			6,277			-			(6	)		(6	)		(11	)		(23	)
Enterprise Servers, Storage and Networking		-			-			-			-			-			830			760			690			717			2,997			(830	)		(760	)		(690	)		(717	)		(2,997	)
Enterprise Group		1,650			1,586			1,508			1,521			6,265			-			-			-			-			-			1,650			1,586			1,508			1,521			6,265
Services		-			-			-			-			-			1,381			1,372			1,240			1,210			5,203			(1,381	)		(1,372	)		(1,240	)		(1,210	)		(5,203	)
Enterprise Services		567			556			431			418			1,972			-			-			-			-			-			567			556			431			418			1,972
Software		120			158			160			284			722			120			158			160			284			722			-			-			-			-			-
HP Financial Services		79			83			88			98			348			79			83			88			98			348			-			-			-			-			-
Corporate Investments		(184	)		(203	)		(337	)		(909	)		(1,633	)		(178	)		(199	)		(334	)		(908	)		(1,619	)		(6	)		(4	)		(3	)		(1	)		(14	)
Total segment earnings from operations		4,023			3,843			3,290			2,772			13,928			4,023			3,843			3,290			2,772			13,928			-			-			-			-			-

Corporate and unallocated costs and eliminations		149			(153	)		(114	)		(196	)		(314	)		149			(153	)		(114	)		(196	)		(314	)		-			-			-			-			-
Unallocated costs related to stock-based
compensation expense		(166	)		(130	)		(130	)		(192	)		(618	)		(166	)		(130	)		(130	)		(192	)		(618	)		-			-			-			-			-
Amortization of purchased intangible assets		(425	)		(413	)		(358	)		(411	)		(1,607	)		(425	)		(413	)		(358	)		(411	)		(1,607	)		-			-			-			-			-
Restructuring charges		(158	)		(158	)		(150	)		(179	)		(645	)		(158	)		(158	)		(150	)		(179	)		(645	)		-			-			-			-			-
Acquisition-related charges		(29	)		(21	)		(18	)		(114	)		(182	)		(29	)		(21	)		(18	)		(114	)		(182	)		-			-			-			-			-
Impairment of goodwill and purchased intangible assets		-			-			-			(885	)		(885	)		-			-			-			(885	)		(885	)		-			-			-			-			-
Interest and other, net		(97	)		(76	)		(121	)		(401	)		(695	)		(97	)		(76	)		(121	)		(401	)		(695	)		-			-			-			-			-

Total HP consolidated earnings before taxes	$	3,297		$	2,892		$	2,399		$	394		$	8,982		$	3,297		$	2,892		$	2,399		$	394		$	8,982		$	-		$	-		$	-		$	-		$	-

(a)

HP has implemented certain organizational realignments. As a result of these realignments, HP has re-evaluated its segment financial reporting structure and, effective in the first quarter of fiscal 2013, created two new financial reporting segments, the Enterprise Group segment and the Enterprise Services segment, and eliminated two other financial reporting segments, the Enterprise Servers, Storage and Networking (“ESSN”) segment and the Services segment. The Enterprise Group segment consists of the business units within the former ESSN segment and most of the services offerings of the Technology Services (“TS”) business unit, which was previously a part of the former Services segment. The Enterprise Services segment consists of the Applications and Business Services (“ABS”) and Infrastructure Technology Outsourcing (“ITO”) business units from the former Services segment, along with the end-user workplace support services business that was previously a part of the TS business unit. Taking into account these changes, HP has the following seven financial reporting segments: Personal Systems, Printing, the Enterprise Group, Enterprise Services, Software, HP Financial Services and Corporate Investments.

Also as a result of these realignments, the financial results of the Personal Systems commercial products support business, which were previously reported as part of the TS business unit, will now be reported as part of the Other business unit within the Personal Systems segment, and the financial results of the portion of the business intelligence services business that had continued to be reported as part of the Corporate Investments segment following the implementation of prior realignment actions will now be reported as part of the ABS business unit. In addition, the end-user workplace support services business, which, as noted above, was previously a part of the TS business unit and will now become a part of the Enterprise Services segment, will be reported as part of the ITO business unit within that segment.

To provide improved visibility and comparability, HP has reflected these changes to its reporting structure in prior financial reporting periods on an as-if basis, which has resulted in the transfer of revenue and operating profit among the Personal Systems, the Enterprise Group, Enterprise Services and Corporate Investments segments. These changes had no impact on the previously reported financial results for the Printing, Software or HP Financial Services segments. In addition, none of these changes impacted HP’s previously reported consolidated net revenue, earnings from operations, net earnings or net earnings per share.

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
FISCAL 2012 SEGMENT INFORMATION (Revised)
(Unaudited)
(In millions)

	REVISED AMOUNTS															AMOUNTS AS PREVIOUSLY REPORTED															VARIANCE
	Three months ended												Twelve months ended			Three months ended												Twelve months ended			Three months ended												Twelve months ended
	Jan. 31, 2012			Apr. 30, 2012			Jul. 31, 2012			Oct. 31, 2012			Oct. 31, 2012			Jan. 31, 2012			Apr. 30, 2012			Jul. 31, 2012			Oct. 31, 2012			Oct. 31, 2012			Jan. 31, 2012			Apr. 30, 2012			Jul. 31, 2012			Oct. 31, 2012			Oct. 31, 2012

Net revenue: (a)

Personal Systems	$	8,892		$	9,470		$	8,636		$	8,727		$	35,725		$	8,873		$	9,452		$	8,620		$	8,705		$	35,650		$	19		$	18		$	16		$	22		$	75
Printing		6,258			6,132			6,017			6,080			24,487			6,258			6,132			6,017			6,080			24,487			-			-			-			-			-
Total Printing and Personal Systems Group		15,150			15,602			14,653			14,807			60,212			15,131			15,584			14,637			14,785			60,137			19			18			16			22			75
Enterprise Servers, Storage and Networking		-			-			-			-			-			5,018			5,211			5,143			5,119			20,491			(5,018	)		(5,211	)		(5,143	)		(5,119	)		(20,491	)
Enterprise Group		7,282			7,546			7,492			7,459			29,779			-			-			-			-			-			7,282			7,546			7,492			7,459			29,779
Services		-			-			-			-			-			8,626			8,831			8,754			8,711			34,922			(8,626	)		(8,831	)		(8,754	)		(8,711	)		(34,922	)
Enterprise Services		6,371			6,489			6,397			6,352			25,609			-			-			-			-			-			6,371			6,489			6,397			6,352			25,609
Software		946			970			973			1,171			4,060			946			970			973			1,171			4,060			-			-			-			-			-
HP Financial Services		950			968			935			966			3,819			950			968			935			966			3,819			-			-			-			-			-
Corporate Investments		30			7			11			10			58			58			18			19			13			108			(28	)		(11	)		(8	)		(3	)		(50	)
Total segments		30,729			31,582			30,461			30,765			123,537			30,729			31,582			30,461			30,765			123,537			-			-			-			-			-

Elimination of intersegment net revenue and other		(693	)		(889	)		(792	)		(806	)		(3,180	)		(693	)		(889	)		(792	)		(806	)		(3,180	)		-			-			-			-			-

Total HP consolidated net revenue	$	30,036		$	30,693		$	29,669		$	29,959		$	120,357		$	30,036		$	30,693		$	29,669		$	29,959		$	120,357		$	-		$	-		$	-		$	-		$	-


Earnings before taxes: (a)

Personal Systems	$	459		$	516		$	405		$	309		$	1,689		$	464		$	524		$	409		$	309		$	1,706		$	(5	)	$	(8	)	$	(4	)	$	-		$	(17	)
Printing		761			808			949			1,067			3,585			761			808			949			1,067			3,585			-			-			-			-			-
Total Printing and Personal Systems Group		1,220			1,324			1,354			1,376			5,274			1,225			1,332			1,358			1,376			5,291			(5	)		(8	)		(4	)		-			(17	)
Enterprise Servers, Storage and Networking		-			-			-			-			-			562			585			562			423			2,132			(562	)		(585	)		(562	)		(423	)		(2,132	)
Enterprise Group		1,329			1,352			1,284			1,229			5,194			-			-			-			-			-			1,329			1,352			1,284			1,229			5,194
Services		-			-			-			-			-			905			997			959			1,234			4,095			(905	)		(997	)		(959	)		(1,234	)		(4,095	)
Enterprise Services		145			237			240			423			1,045			-			-			-			-			-			145			237			240			423			1,045
Software		162			172			175			318			827			162			172			175			318			827			-			-			-			-			-
HP Financial Services		91			96			97			104			388			91			96			97			104			388			-			-			-			-			-
Corporate Investments		(50	)		(48	)		(57	)		(78	)		(233	)		(48	)		(49	)		(58	)		(83	)		(238	)		(2	)		1			1			5			5
Total segment earnings from operations		2,897			3,133			3,093			3,372			12,495			2,897			3,133			3,093			3,372			12,495			-			-			-			-			-

Corporate and unallocated costs and eliminations		(153	)		(203	)		(314	)		(120	)		(790	)		(153	)		(203	)		(314	)		(120	)		(790	)		-			-			-			-			-
Unallocated costs related to stock-based
compensation expense		(174	)		(168	)		(150	)		(140	)		(632	)		(174	)		(168	)		(150	)		(140	)		(632	)		-			-			-			-			-
Amortization of purchased intangible assets		(466	)		(470	)		(476	)		(372	)		(1,784	)		(466	)		(470	)		(476	)		(372	)		(1,784	)		-			-			-			-			-
Restructuring charges		(40	)		(53	)		(1,795	)		(378	)		(2,266	)		(40	)		(53	)		(1,795	)		(378	)		(2,266	)		-			-			-			-			-
Acquisition-related charges		(22	)		(17	)		(3	)		(3	)		(45	)		(22	)		(17	)		(3	)		(3	)		(45	)		-			-			-			-			-
Impairment of goodwill and purchased intangible assets		-			-			(9,188	)		(8,847	)		(18,035	)		-			-			(9,188	)		(8,847	)		(18,035	)		-			-			-			-			-
Interest and other, net		(221	)		(243	)		(224	)		(188	)		(876	)		(221	)		(243	)		(224	)		(188	)		(876	)		-			-			-			-			-

Total HP consolidated earnings (loss) before taxes	$	1,821		$	1,979		$	(9,057	)	$	(6,676	)	$	(11,933	)	$	1,821		$	1,979		$	(9,057	)	$	(6,676	)	$	(11,933	)	$	-		$	-		$	-		$	-		$	-

(a)

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
FISCAL 2011 SEGMENT INFORMATION (Revised)
(Unaudited)


		REVISED AMOUNTS																		AMOUNTS AS PREVIOUSLY REPORTED																	VARIANCE
		Three months ended															Twelve months ended			Three months ended													Twelve months ended				Three months ended														Twelve months ended
		Jan. 31, 2011				Apr. 30, 2011				Jul. 31, 2011			Oct. 31, 2011				Oct. 31, 2011			Jan. 31, 2011			Apr. 30, 2011			Jul. 31, 2011			Oct. 31, 2011				Oct. 31, 2011				Jan. 31, 2011				Apr. 30, 2011			Jul. 31, 2011				Oct. 31, 2011			Oct. 31, 2011

Segment operating margin: (a)

Personal Systems			6.4	%			5.6	%			5.8	%		5.6	%			5.9	%		6.4	%		5.7	%		5.9	%		5.7	%			5.9	%			-				(0.1	pts)		(0.1	pts)			(0.1	pts)		-
Printing			16.6	%			16.6	%			14.2	%		12.4	%			15.0	%		16.6	%		16.6	%		14.2	%		12.4	%			15.0	%			-				-			-				-			-
Printing and Personal Systems Group			10.4	%			10.2	%			9.1	%		8.2	%			9.5	%		10.4	%		10.3	%		9.2	%		8.3	%			9.5	%			-				(0.1	pts)		(0.1	pts)			(0.1	pts)		-

Enterprise Servers, Storage and Networking			-				-				-			-				-			14.8	%		13.8	%		12.9	%		12.8	%			13.6	%		(14.8		pts)		(13.8		pts)	(12.9		pts)		(12.8		pts)		(13.6	pts)
Enterprise Group			21.0	%			20.2	%			19.5	%		19.0	%			19.9	%		-			-			-			-				-				21.0	pts			20.2	pts	19.5		pts			19.0	pts		19.9	pts
Services			-				-				-			-				-			16.2	%		15.4	%		13.7	%		13.1	%			14.6	%		(16.2		pts)		(15.4		pts)	(13.7		pts)		(13.1		pts)		(14.6	pts)
Enterprise Services			9.0	%			8.5	%			6.5	%		6.2	%			7.5	%		-			-			-			-				-				9.0	pts			8.5	pts		6.5	pts			6.2	pts		7.5	pts
Software			16.6	%			19.8	%			19.5	%		27.8	%			21.4	%		16.6	%		19.8	%		19.5	%		27.8	%			21.4	%			-				-			-				-			-
HP Financial Services			9.6	%			9.4	%			9.4	%		10.3	%			9.7	%		9.6	%		9.4	%		9.4	%		10.3	%			9.7	%			-				-			-				-			-
Corporate Investments	(460.0			%)	(654.8			%)	(147.2			%)	678.4		%	(983.7			%)	(287.1		%)	(473.8		%)	(142.1		%)	693.1		%	(778.4			%)	(172.9			pts)	(181.0			pts)	(5.1		pts)	(14.7			pts)	(205.3		pts)

(a)

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
FISCAL 2012 SEGMENT INFORMATION (Revised)
(Unaudited)


	REVISED AMOUNTS															AMOUNTS AS PREVIOUSLY REPORTED																	VARIANCE
	Three months ended												Twelve months ended			Three months ended														Twelve months ended			Three months ended												Twelve months ended
	Jan. 31, 2012			Apr. 30, 2012			Jul. 31, 2012			Oct. 31, 2012			Oct. 31, 2012			Jan. 31, 2012			Apr. 30, 2012			Jul. 31, 2012				Oct. 31, 2012				Oct. 31, 2012			Jan. 31, 2012			Apr. 30, 2012			Jul. 31, 2012			Oct. 31, 2012			Oct. 31, 2012

Segment operating margin: (a)

Personal Systems		5.2	%		5.4	%		4.7	%		3.5	%		4.7	%		5.2	%		5.5	%		4.7	%			3.5	%			4.8	%		-			(0.1	pts)		-			-			(0.1	pts)
Printing		12.2	%		13.2	%		15.8	%		17.5	%		14.6	%		12.2	%		13.2	%		15.8	%			17.5	%			14.6	%		-			-			-			-			-
Printing and Personal Systems Group		8.1	%		8.5	%		9.2	%		9.3	%		8.8	%		8.1	%		8.5	%		9.3	%			9.3	%			8.8	%		-			-			(0.1	pts)		-			-

Enterprise Servers, Storage and Networking		-			-			-			-			-			11.2	%		11.2	%		10.9	%			8.3	%			10.4	%	(11.2		pts)	(11.2		pts)	(10.9		pts)		(8.3	pts)		(10.4	pts)
Enterprise Group		18.3	%		17.9	%		17.1	%		16.5	%		17.4	%		-			-			-				-				-			18.3	pts		17.9	pts		17.1	pts		16.5	pts		17.4	pts
Services		-			-			-			-			-			10.5	%		11.3	%		11.0	%			14.2	%			11.7	%	(10.5		pts)	(11.3		pts)	(11.0		pts)	(14.2		pts)		(11.7	pts)
Enterprise Services		2.3	%		3.7	%		3.8	%		6.7	%		4.1	%		-			-			-				-				-			2.3	pts		3.7	pts		3.8	pts		6.7	pts		4.1	pts
Software		17.1	%		17.7	%		18.0	%		27.2	%		20.4	%		17.1	%		17.7	%		18.0	%			27.2	%			20.4	%		-			-			-			-			-
HP Financial Services		9.6	%		9.9	%		10.4	%		10.8	%		10.2	%		9.6	%		9.9	%		10.4	%			10.8	%			10.2	%		-			-			-			-			-
Corporate Investments	(166.7		%)	(685.7		%)	(518.2		%)	(780.0		%)	(401.7		%)	(82.8		%)	(272.2		%)	(305.3		%)	(638.5			%)	(220.4			%)	(83.9		pts)	(413.5		pts)	(212.9		pts)	(141.5		pts)	(181.3		pts)

(a)

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
FISCAL 2011 SEGMENT / BUSINESS UNIT INFORMATION (Revised)
(Unaudited)
(In millions)

	REVISED AMOUNTS															AMOUNTS AS PREVIOUSLY REPORTED															VARIANCE
	Three months ended												Twelve months ended			Three months ended												Twelve months ended			Three months ended												Twelve months ended
	Jan. 31, 2011			Apr. 30, 2011			Jul. 31, 2011			Oct. 31, 2011			Oct. 31, 2011			Jan. 31, 2011			Apr. 30, 2011			Jul. 31, 2011			Oct. 31, 2011			Oct. 31, 2011			Jan. 31, 2011			Apr. 30, 2011			Jul. 31, 2011			Oct. 31, 2011			Oct. 31, 2011

Net revenue: (a)
Printing and Personal Systems Group
Personal Systems
Notebooks	$	5,808		$	5,039		$	5,082		$	5,390		$	21,319		$	5,808		$	5,039		$	5,082		$	5,390		$	21,319		$	-		$	-		$	-		$	-		$	-
Desktops		3,896			3,641			3,777			3,946			15,260			3,896			3,641			3,777			3,946			15,260			-			-			-			-			-
Workstations		535			541			547			593			2,216			535			541			547			593			2,216			-			-			-			-			-
Other		233			217			204			205			859			210			194			186			189			779			23			23			18			16			80
Total Personal Systems		10,472			9,438			9,610			10,134			39,654			10,449			9,415			9,592			10,118			39,574			23			23			18			16			80

Printing
Supplies		4,358			4,612			4,143			4,041			17,154			4,358			4,612			4,143			4,041			17,154			-			-			-			-			-
Commercial Hardware		1,565			1,536			1,388			1,694			6,183			1,565			1,536			1,388			1,694			6,183			-			-			-			-			-
Consumer Hardware		808			695			652			684			2,839			808			695			652			684			2,839			-			-			-			-			-
Total Printing		6,731			6,843			6,183			6,419			26,176			6,731			6,843			6,183			6,419			26,176			-			-			-			-			-
Total Printing and Personal Systems Group		17,203			16,281			15,793			16,553			65,830			17,180			16,258			15,775			16,537			65,750			23			23			18			16			80

Enterprise Servers, Storage and Networking
Industry Standard Servers		-			-			-			-			-			3,448			3,387			3,302			3,384			13,521			(3,448	)		(3,387	)		(3,302	)		(3,384	)		(13,521	)
Storage		-			-			-			-			-			1,012			980			976			1,088			4,056			(1,012	)		(980	)		(976	)		(1,088	)		(4,056	)
Networking		-			-			-			-			-			584			603			611			594			2,392			(584	)		(603	)		(611	)		(594	)		(2,392	)
Business Critical Systems		-			-			-			-			-			555			546			459			535			2,095			(555	)		(546	)		(459	)		(535	)		(2,095	)
Total Enterprise Servers, Storage and Networking		-			-			-			-			-			5,599			5,516			5,348			5,601			22,064			(5,599	)		(5,516	)		(5,348	)		(5,601	)		(22,064	)

Enterprise Group
Industry Standard Servers		3,448			3,387			3,302			3,384			13,521			-			-			-			-			-			3,448			3,387			3,302			3,384			13,521
Technology Services		2,260			2,336			2,375			2,425			9,396			-			-			-			-			-			2,260			2,336			2,375			2,425			9,396
Storage		1,012			980			976			1,088			4,056			-			-			-			-			-			1,012			980			976			1,088			4,056
Networking		584			603			611			594			2,392			-			-			-			-			-			584			603			611			594			2,392
Business Critical Systems		555			546			459			535			2,095			-			-			-			-			-			555			546			459			535			2,095
Total Enterprise Group		7,859			7,852			7,723			8,026			31,460			-			-			-			-			-			7,859			7,852			7,723			8,026			31,460

Services
Infrastructure Technology Outsourcing		-			-			-			-			-			3,644			3,786			3,899			3,895			15,224			(3,644	)		(3,786	)		(3,899	)		(3,895	)		(15,224	)
Technology Services		-			-			-			-			-			2,514			2,629			2,671			2,728			10,542			(2,514	)		(2,629	)		(2,671	)		(2,728	)		(10,542	)
Application and Business Services		-			-			-			-			-			2,371			2,501			2,460			2,604			9,936			(2,371	)		(2,501	)		(2,460	)		(2,604	)		(9,936	)
Total Services		-			-			-			-			-			8,529			8,916			9,030			9,227			35,702			(8,529	)		(8,916	)		(9,030	)		(9,227	)		(35,702	)

Enterprise Services
Infrastructure Technology Outsourcing		3,875			4,056			4,177			4,182			16,290			-			-			-			-			-			3,875			4,056			4,177			4,182			16,290
Application and Business Services		2,393			2,512			2,466			2,607			9,978			-			-			-			-			-			2,393			2,512			2,466			2,607			9,978
Total Enterprise Services		6,268			6,568			6,643			6,789			26,268			-			-			-			-			-			6,268			6,568			6,643			6,789			26,268

Software		725			797			822			1,023			3,367			725			797			822			1,023			3,367			-			-			-			-			-

HP Financial Services		827			885			932			952			3,596			827			885			932			952			3,596			-			-			-			-			-

Corporate Investments		40			31			229			(134	)		166			62			42			235			(131	)		208			(22	)		(11	)		(6	)		(3	)		(42	)
Total segment earnings from operations		32,922			32,414			32,142			33,209			130,687			32,922			32,414			32,142			33,209			130,687			-			-			-			-			-

Elimination of intersegment net revenue and other		(620	)		(782	)		(953	)		(1,087	)		(3,442	)		(620	)		(782	)		(953	)		(1,087	)		(3,442	)		-			-			-			-			-

Total HP consolidated net revenue	$	32,302		$	31,632		$	31,189		$	32,122		$	127,245		$	32,302		$	31,632		$	31,189		$	32,122		$	127,245		$	-		$	-		$	-		$	-		$	-

(a)

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
FISCAL 2012 SEGMENT/BUSINESS UNIT INFORMATION (Revised)
(Unaudited)
(In millions)

	REVISED AMOUNTS															AMOUNTS AS PREVIOUSLY REPORTED															VARIANCE
	Three months ended												Twelve months ended			Three months ended												Twelve months ended			Three months ended												Twelve months ended
	Jan. 31, 2012			Apr. 30, 2012			Jul. 31, 2012			Oct. 31, 2012			Oct. 31, 2012			Jan. 31, 2012			Apr. 30, 2012			Jul. 31, 2012			Oct. 31, 2012			Oct. 31, 2012			Jan. 31, 2012			Apr. 30, 2012			Jul. 31, 2012			Oct. 31, 2012			Oct. 31, 2012

Net revenue: (a)
Printing and Personal Systems Group
Personal Systems
Notebooks	$	4,942		$	4,900		$	4,416		$	4,572		$	18,830		$	4,942		$	4,900		$	4,416		$	4,572		$	18,830		$	-		$	-		$	-		$	-		$	-
Desktops		3,206			3,827			3,486			3,369			13,888			3,206			3,827			3,486			3,369			13,888			-			-			-			-			-
Workstations		535			537			526			550			2,148			535			537			526			550			2,148			-			-			-			-			-
Other		209			206			208			236			859			190			188			192			214			784			19			18			16			22			75
Total Personal Systems		8,892			9,470			8,636			8,727			35,725			8,873			9,452			8,620			8,705			35,650			19			18			16			22			75

Printing
Supplies		4,079			4,060			4,005			4,007			16,151			4,079			4,060			4,005			4,007			16,151			-			-			-			-			-
Commercial Hardware		1,489			1,479			1,445			1,482			5,895			1,489			1,479			1,445			1,482			5,895			-			-			-			-			-
Consumer Hardware		690			593			567			591			2,441			690			593			567			591			2,441			-			-			-			-			-
Total Printing		6,258			6,132			6,017			6,080			24,487			6,258			6,132			6,017			6,080			24,487			-			-			-			-			-
Total Printing and Personal Systems Group		15,150			15,602			14,653			14,807			60,212			15,131			15,584			14,637			14,785			60,137			19			18			16			22			75

Enterprise Servers, Storage and Networking
Industry Standard Servers		-			-			-			-			-			3,072			3,186			3,187			3,137			12,582			(3,072	)		(3,186	)		(3,187	)		(3,137	)		(12,582	)
Storage		-			-			-			-			-			955			990			924			946			3,815			(955	)		(990	)		(924	)		(946	)		(3,815	)
Networking		-			-			-			-			-			586			614			647			635			2,482			(586	)		(614	)		(647	)		(635	)		(2,482	)
Business Critical Systems		-			-			-			-			-			405			421			385			401			1,612			(405	)		(421	)		(385	)		(401	)		(1,612	)
Total Enterprise Servers, Storage and Networking		-			-			-			-			-			5,018			5,211			5,143			5,119			20,491			(5,018	)		(5,211	)		(5,143	)		(5,119	)		(20,491	)

Enterprise Group
Industry Standard Servers		3,072			3,186			3,187			3,137			12,582			-			-			-			-			-			3,072			3,186			3,187			3,137			12,582
Technology Services		2,264			2,335			2,349			2,340			9,288			-			-			-			-			-			2,264			2,335			2,349			2,340			9,288
Storage		955			990			924			946			3,815			-			-			-			-			-			955			990			924			946			3,815
Networking		586			614			647			635			2,482			-			-			-			-			-			586			614			647			635			2,482
Business Critical Systems		405			421			385			401			1,612			-			-			-			-			-			405			421			385			401			1,612
Total Enterprise Group		7,282			7,546			7,492			7,459			29,779			-			-			-			-			-			7,282			7,546			7,492			7,459			29,779

Services
Infrastructure Technology Outsourcing		-			-			-			-			-			3,701			3,669			3,665			3,657			14,692			(3,701	)		(3,669	)		(3,665	)		(3,657	)		(14,692	)
Technology Services		-			-			-			-			-			2,562			2,638			2,634			2,629			10,463			(2,562	)		(2,638	)		(2,634	)		(2,629	)		(10,463	)
Application and Business Services		-			-			-			-			-			2,363			2,524			2,455			2,425			9,767			(2,363	)		(2,524	)		(2,455	)		(2,425	)		(9,767	)
Total Services		-			-			-			-			-			8,626			8,831			8,754			8,711			34,922			(8,626	)		(8,831	)		(8,754	)		(8,711	)		(34,922	)

Enterprise Services
Infrastructure Technology Outsourcing		3,980			3,954			3,934			3,924			15,792			-			-			-			-			-			3,980			3,954			3,934			3,924			15,792
Application and Business Services		2,391			2,535			2,463			2,428			9,817			-			-			-			-			-			2,391			2,535			2,463			2,428			9,817
Total Enterprise Services		6,371			6,489			6,397			6,352			25,609			-			-			-			-			-			6,371			6,489			6,397			6,352			25,609

Software		946			970			973			1,171			4,060			946			970			973			1,171			4,060			-			-			-			-			-

HP Financial Services		950			968			935			966			3,819			950			968			935			966			3,819			-			-			-			-			-

Corporate Investments		30			7			11			10			58			58			18			19			13			108			(28	)		(11	)		(8	)		(3	)		(50	)
Total segment earnings from operations		30,729			31,582			30,461			30,765			123,537			30,729			31,582			30,461			30,765			123,537			-			-			-			-			-

Elimination of intersegment net revenue and other		(693	)		(889	)		(792	)		(806	)		(3,180	)		(693	)		(889	)		(792	)		(806	)		(3,180	)		-			-			-			-			-

Total HP consolidated net revenue	$	30,036		$	30,693		$	29,669		$	29,959		$	120,357		$	30,036		$	30,693		$	29,669		$	29,959		$	120,357		$	-		$	-		$	-		$	-		$	-

(a)