Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

HP Reports Q1 Results
Feb 20, 2004
 Printable format
 Email this Article
 Search

Business appliance maker Hewlett Packard (HP) reported financial results for its first fiscal quarter ended Jan. 31, 2004. First quarter revenue was U.S. $19.5 billion, an increase of 9 percent of $17.9 billion in the first quarter of 2003.

During the quarter, revenue in the Americas grew 3 percent year-over-year to $8.4 billion, and represented 43 percent of total revenue. Europe grew 17 percent year-over-year to $8.3 billion, and represented 42 percent of total revenue. Asia Pacific grew 9 percent to $2.1 billion, and represented 11 percent of total revenue. Japan grew 4 percent year-over-year to $777 million, and represented 4 percent of total revenue. On a total company basis, and when adjusted for the effects of currency, first quarter revenues grew 1 percent year-over-year.

Personal systems revenue totaled $6.2 billion in the quarter, up 20 percent from the same period in 2003 and 3 percent sequentially. Units increased 23 percent year-over-year, fueled by notebook growth of 52 percent. On a year-over-year basis, notebook revenue increased 42 percent, desktop revenue increased 11 percent, and handheld devices revenue grew 25 percent.

Imaging and printing posted record first quarter revenue of $5.9 billion, an increase of 6 percent year-over-year. During the first quarter, the segment shipped 14.4 million hardware units, or over 1 million units a week, an increase of 12 percent year-over-year.

Personal LaserJet unit shipments increased 22 percent year-over-year, while color LaserJet units grew 27 percent. Business inkjet shipments increased 28 percent over the prior year period. All-in-one and photo printers shipments grew 84 percent and 41 percent year-over-year, respectively, while digital camera unit shipments increased 42 percent over the prior year period. Digital imaging revenue grew 5 percent year-over-year.

HP said it expects revenues of $19.2 billion to $19.6 billion in its second fiscal quarter of 2004.

Back to Daily News

 

Daily News

...........................................................

Aug 29, 2014: Adaptive Frequency Drive Increases Trane Chiller Efficiency

Aug 29, 2014: Vitamix President Receives Entrepreneur of the Year Award

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows