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Second Quarter Fiscal 2013 Segment Results
- Personal Systems revenue was down 20 percent year over year with a 3.2 percent operating margin. Commercial revenue decreased 14 percent, and Consumer revenue declined 29 percent. Total units were down 21 percent with Desktops units down 18 percent and Notebooks units down 24 percent.
- Printing revenue declined 1 percent year over year with a strong operating margin of 15.8 percent. Total hardware units were down 11 percent year over year. Commercial hardware units were down 5 percent year over year, and Consumer hardware units were down 13 percent year over year.
- Enterprise Group revenue declined 10 percent year over year with a 15.9 percent operating margin. Networking revenue was up 1 percent, Industry Standard Servers revenue was down 12 percent, Business Critical Systems revenue was down 37 percent, Storage revenue was down 13 percent and Technology Services revenue was down 3 percent year over year.
- Enterprise Services revenue declined 8 percent year over year with a 2.6 percent operating margin. Application and Business Services revenue was down 10 percent year over year, and IT Outsourcing revenue declined 6 percent year over year.
- Software revenue was down 3 percent year over year with a 19.1 percent operating margin. Support revenue was up 12 percent while license revenue was down 23 percent and services revenue was down 5 percent year over year.
- HP Financial Services revenue was down 9 percent year over year with a 3 percent decrease in net portfolio assets and a 24 percent decrease in financing volume. The business delivered an operating margin of 11.0 percent.
More information on HP's earnings, including additional financial analysis and an earnings overview presentation, is available on HP's Investor Relations website at www.hp.com/investor/home.
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- Companies:
- Enterprise Group
- People:
- Meg Whitman
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