Giving e-speak away attracts attention to Hewlett Packard, ... People see us as a thought leader in this generation of the Internet.
We've achieved a good profit outcome despite softness in some of our businesses and weak revenue growth. Our profit reflects the fact that we continue to tune our business models and cost structures.
We had solid net earnings in PCs, strong profit performance in printing and imaging, and significant profit improvement in our measurement business. Clearly, our challenge is to convert order growth into stronger growth in revenue.
The board appreciates that Phil acted with characteristic dignity and selflessness in recognizing that his resignation was for the good of the company.
Significant reasons for continued caution.
We're integrating voice and data services on one platform -- with a single management interface and a single link to the Internet.
We think it's going to thrust us into a position of real leadership that frankly we haven't been in before in this market.
We can't control economic environments, ... But we are doing everything possible to stay close to our customers, drive down expense growth and continue to create the kinds of products and solutions that will benefit our customers and shareholders for the long term.
The benefits for our customers will be cost savings and the simplicity of unified communications and IT applications.
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