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

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
H-1B Visa: de Geus’ tragedy looms large
Peggy AycinenaIP Showcase
by Peggy Aycinena
IP for Cars: Lawsuits are like Sandstorms
More Editorial  
Jobs
Mechanical Designer/Engineer for Palo Alto Networks at Santa Clara, CA
Technical Support Engineer for EDA Careers at Freemont, CA
Technical Support Engineer EU/Germany/UK for EDA Careers at N/A, United Kingdom
Lead Java Platform Engineer IOT-WEB for EDA Careers at San Francisco Area, CA
ASIC/FPGA Design Engineer for Palo Alto Networks at Santa Clara, CA
CAD/CAM Regional Account Manager (Pacific Northwest) for Vero Software Inc. at Seattle, WA
Upcoming Events
Embedded Systems Conference ESC Boston 2017 at Boston Convention & Exhibition Center Boston MA - May 3 - 4, 2017
2017 GPU Tech Conference at San Jose McEnery Convention Center 150 West San Carlos Street San Jose CA - May 8 - 11, 2017
High Speed Digital Design and PCB Layout at 13727 460 Ct SE North Bend WA - May 9 - 11, 2017
Nanotech 2017 Conference & Expo at Gaylord National Hotel & Convention Center WA - May 14 - 17, 2017
DAC2017



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — 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