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HEWLETT PACKARD AND ANNUAL REPORT ANALYSIS

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Essay / Research Paper Abstract

This 6-page paper offers an analysis of HP's financial statement, ranging from cash flow and income analysis to ratio discussions. Also discussed are financial notes, auditors and statements of accounting processes. Bibliography lists 5 sources.

Page Count:

6 pages (~225 words per page)

File: D0_MThpannu.rtf

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Unformatted sample text from the term paper:

range of high-tech products such as personal computers, servers, storage products, printers, software and computer-related services (Lower, 2003). During the early part of 2003, CEO Carly Fiorina pushed for the acquisition of Compaq Computer - and since then, HP has moved to erase its "old guard" image and moved away from the perception that it was primarily a printer manufacturer (Lower, 2003). These days, HPs operations include four major business groups; personal systems, imaging and printing systems, enterprise systems, and services (Lower, 2003). The companys largest unit is personal systems, and it sells both HP and Compaq products (Lower, 2003). While briefly leading in the sale of PCs after the merger, the company continues to battle with huge rival Dell (Lower, 2003). Meanwhile printing and Imaging remains HPs most profitable unit, representing about 35 percent of sales (Lower, 2003). Yet Dell is a force in the printer market as well, moving in to take some of HPs territory (Lower, 2003). HPs enterprise systems group focuses on servers, storage systems and software, with its competition including IBM, Dell and Sun Microsystems (Lower, 2003). In terms of the companys future plans, at this point, Fiorina has her hand full trying to work with the merger of two different businesses (Lower, 2003). Ultimately, however, her belief is that the Compaq acquisition will help make HP a strong player in an extraordinarily volatile market (Lower, 2003). Furthermore, the industry itself has been tough - mainly because a slowdown in business investment that occurred during 2001 continued into 2002 (Hewlett Packard, 2003). Added to that were cyclical challenges as ...

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