HP: Fiscal 2Q09 Financial Results
Storage declined 22%.
This is a Press Release edited by StorageNewsletter.com on May 21, 2009 at 3:48 pmHP
announced financial results for its second fiscal quarter ended April
30, 2009, with net revenue of $27.4 billion, down 3% from a year
earlier. Enterprise storage and server revenue was $3.5 billion, down 28% year-over-year. Storage revenue declined 22% with the midrange EVA product line down 21%. For the six month period ending April 30, storage sales decreased 15%, from $2,020 million to $1,731 million.
For storage only (without services)
(in $ millions) | 2Q08 | 1Q09 | 2Q09 |
Revenues | 1,043 | 913 | 818 |
Q/Q growth | -10% | ||
Y/Y growth | |
-22% |