HP Reports Second Quarter 2007 Results

               HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
                 SEGMENT / BUSINESS UNIT INFORMATION
                             (Unaudited)
                            (In millions)

                                                 Six months ended
                                                    April 30,
                                            --------------------------
                                                2007        2006(a)
                                            ------------- ------------

Net revenue:

     Industry Standard Servers                    $5,507       $4,861
     Business Critical Systems                     1,710        1,826
     Storage                                       1,855        1,818
                                            ------------- ------------
    Enterprise Storage and Servers                 9,072        8,505
                                            ------------- ------------
     Technology Services                           4,248        4,167
     Outsourcing Services(b)                       2,320        2,081
     Consulting and Integration                    1,525        1,401
                                            ------------- ------------
    HP Services                                    8,093        7,649
                                            ------------- ------------
     OpenView                                        891          433
     OpenCall and Other                              182          201
                                            ------------- ------------
    HP Software                                    1,073          634
                                            ------------- ------------
  Technology Solutions Group                      18,238       16,788
                                            ------------- ------------
     Desktops                                      7,716        7,423
     Notebooks                                     8,228        5,769
     Workstations                                    807          667
     Handhelds                                       288          345
     Other                                           343          222
                                            ------------- ------------
  Personal Systems Group                                17,382              14,426
                                                                                        -------------  ------------
          Commercial  Hardware                                                      3,475                3,394
          Consumer  Hardware                                                          2,223                2,238
          Supplies                                                                            8,436                7,609
          Other                                                                                        26                      28
                                                                                        -------------  ------------
    Imaging  and  Printing  Group                                            14,160              13,269
                                                                                        -------------  ------------
    HP  Financial  Services                                                        1,097                1,014
    Corporate  Investments                                                            332                    251
                                                                                        -------------  ------------
          Total  Segments                                                              51,209              45,748
                                                                                        -------------  ------------

    Eliminations  of  intersegment  net  revenue
      and  other                                                                                (593)                (535)
                                                                                        -------------  ------------

        Total  HP  Consolidated                                                $50,616            $45,213
                                                                                        =============  ============


(a)  Certain  fiscal  2007  organizational  realignments  have  been
  reflected  retroactively  to  provide  improved  visibility  and
  comparability.  For  fiscal  year  2006,  the  realignments  primarily
  resulted  in  revenue  movement  within  business  units  within  the  ESS  and
  HPS  segments.  There  was  no  impact  to  total  segment  revenue.

(b)  Reflects  name  change  from  Managed  Services  to  Outsourcing  Services
  effective  in  fiscal  2007.
 


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