HP Reports Fourth Quarter 2004 Results

               HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
             CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS
                              (Unaudited)
                (In millions except per share amounts)
                                                              
                                            Twelve months ended      
                                                 October 31,          
                                            -------------------
                                           2004           2003(a) 
                                           ----           ----      
Net revenue                              $79,905        $73,061 

Costs and expenses:
  Cost of sales                           60,340         53,858      
  Research and development                 3,506          3,651     
  Selling, general and administrative     11,024         11,012  
  Amortization of purchased intangible 
   assets                                    603            563      
  Restructuring charges                      114            800    
  Acquisition-related charges                 54            280   
  In-process research and development 
   charges                                    37              1 
                                          ------         ------    
     Total costs and expenses             75,678         70,165   
                                          ------         ------      

Earnings from operations                   4,227          2,896    

Interest and other, net                       35             21     
Gains (losses) on investments                  4            (29)
Dispute settlement                           (70)             -
                                          ------         ------

Earnings before taxes                      4,196          2,888     

Provision for taxes                          699            349 
                                          ------         ------   

Net earnings                              $3,497         $2,539  
                                          ======         ======  

Net earnings per share:
  Basic                                    $1.16          $0.83    
  Diluted                                  $1.15          $0.83    
                                
Cash dividends declared per share          $0.32               $0.32        

Weighted-average  shares  used  to  
  compute  net  earnings  per  share:  
    Basic                                                                        3,024                    3,047            
    Diluted                                                                    3,055                    3,063            

(a)  Certain  reclassifications  have  been  made  to  prior  year  amounts  in
order  to  conform  to  the  current  year  presentation.
 


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9  Next Page »



Review Article Be the first to review this article
Aldec

Featured Video
Jobs
Senior R&D Engineer...Timing Closure Specialist for EDA Careers at San Jose or Anywhere, CA
Senior Methodology Automation Engineer for EDA Careers at San Jose, CA
DDR 3-4-5 Developer with VIP for EDA Careers at San Jose, CA
Senior Front-End RTL Design AE for EDA Careers at San Jose, CA
Proposal Support Coordinator for Keystone Aerial Surveys at Philadelphia, PA
Upcoming Events
11th International Conference on Verification and Evaluation of Computer and Communication Systems at 1455 DeMaisonneuve W. EV05.139 Montreal Quebec Canada - Aug 24 - 25, 2017
The Rise of Mechatronics at Dassault Systèmes San Diego 5005 Wateridge Vista Drive San Diego CA - Sep 12, 2017
The Rise of Mechatronics at Buca di Beppo - Pasadena 80 West Green Street Pasadena CA - Sep 13, 2017
S2C: FPGA Base prototyping- Download white paper



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy