HP Reports Second Quarter 2007 Results

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

                                            Three months ended
                                     ---------------------------------
                                     April 30,  January 31, April 30,
                                        2007       2007      2006(a)
                                     ---------- ----------- ----------

Net revenue:

     Industry Standard Servers          $2,818      $2,689     $2,413
     Business Critical Systems             862         848        920
     Storage                               939         916        932
                                     ---------- ----------- ----------
    Enterprise Storage and Servers       4,619       4,453      4,265
                                     ---------- ----------- ----------
     Technology Services                 2,155       2,093      2,086
     Outsourcing Services(b)             1,195       1,125      1,070
     Consulting and Integration            795         730        736
                                     ---------- ----------- ----------
    HP Services                          4,145       3,948      3,892
                                     ---------- ----------- ----------
     OpenView                              434         457        228
     OpenCall and Other                     89          93        102
                                     ---------- ----------- ----------
    HP Software                            523         550        330
                                     ---------- ----------- ----------
  Technology Solutions Group             9,287       8,951      8,487
                                     ---------- ----------- ----------
     Desktops                            3,904       3,812      3,569
     Notebooks                           4,084       4,144      2,815
     Workstations                          402         405        338
     Handhelds                             105         183        129
     Other                                 168         175        126
                                     ---------- ----------- ----------
  Personal Systems Group                 8,663       8,719      6,977
                                     ---------- ----------- ----------
     Commercial Hardware                 1,786       1,689      1,739
     Consumer Hardware                     996       1,227      1,015
      Supplies                                                        4,367              4,069            3,957
          Other                                                                    12                    14                  13
                                                                          ----------  -----------  ----------
    Imaging  and  Printing  Group                          7,161              6,999            6,724
                                                                          ----------  -----------  ----------
    HP  Financial  Services                                        550                  547                518
    Corporate  Investments                                        175                  157                122
                                                                          ----------  -----------  ----------
          Total  Segments                                          25,836            25,373          22,828
                                                                          ----------  -----------  ----------

    Eliminations  of  intersegment  net
      revenue  and  other                                            (302)              (291)            (274)
                                                                          ----------  -----------  ----------

        Total  HP  Consolidated                            $25,534          $25,082        $22,554
                                                                          ==========  ===========  ==========


(a)  Certain  fiscal  2007  organizational  realignments  have  been
  reflected  retroactively  to  provide  improved  visibility  and
  comparability.  For  each  of  the  quarters  in  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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