What are you looking for ?
Infinidat
Articles_top

HP: Fiscal 4Q09 Financial Results

Storage products up 11% sequentially but down 20% from one year ago

HP announced financial results for its fourth fiscal quarter ended Oct. 31, 2009, with net revenue of $30.8 billion, down 8% from a year earlier and up 12% sequentially. For fiscal 2009, net revenues amounted $114.6 billion, down 3%.

Enterprise Storage and Servers reported total revenue of $4.2 billion for the year, down 17%. Operating profit was $481 million, or 11.4% of revenue, down from $705 million, or 13.9% of revenue, in the prior-year period.

Enterprise Storage and Servers (without services)

(in $ millions) 4Q08   3Q09  4Q09
 Revenues 5,059  3,735  4,218
 Q/Q growth         +13%
 Y/Y growth      
 -17%


Storage revenues declined 20% with the midrange EVA product line down 23%. They represent 3% of HP total activity.


For storage only (without services)

(in $ millions) 4Q08   3Q09  4Q09
 Revenues 1,147  824  918
 Q/Q growth         +11%
 Y/Y growth      
 -20%

 

(in $ millions) FY08  FY09
 Revenues 4,205  3,473
 Y/Y growth    -17%
Articles_bottom
AIC
ATTO
OPEN-E