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
Jobs
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Technical Support Engineer for EDA Careers at Freemont, CA
SOC Logic Design Engineer for Global Foundaries at Santa Clara, CA
Principal Engineer FPGA Design for Intevac at Santa Clara, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Sr. Staff Design SSD ASIC Engineer for Toshiba America Electronic Components. Inc. at San Jose, CA
Upcoming Events
FPGA 2017 at 350 Calle Pincipal, Marriott Hotel Monterey CA - Feb 22 - 24, 2017
DVCon 2017 Conference at DoubleTree Hotel San Jose CA - Feb 27 - 2, 2017
IoT Summit 2017 at Great America ballroom, Santa Clara Convention Center Santa Clara CA - Mar 16 - 17, 2017
SNUG Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Mar 22 - 23, 2017



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