惠普公司HP Inc. (HPQ) 2009年年度报告「NYSE」.pdf

1、AnnuAl RepoRt2009In 2009,the global economy experienced the worst recession in a generation.At HP,all of our work to reduce our cost base and to make it more variable proved immensely valuable.Beginning in our first fiscal quarter,we had to address a rapidly deteriorating demand environment across o

2、ur product portfolio.We set a goal of controlling discretionary spending,while keeping the muscle of the organization intact and maintaining forward progress on our core strategy.At the same time,we focused on executing the integration of the services businesses acquired from Electronic Data Systems

3、 Corporation(EDS)in August 2008,ultimately rebranding the business HP Enterprise Services within the HP Enterprise Business.Although there is still much work to do,we enter fiscal 2010 in a stronger competitive position.All of our efforts resulted in a solid performance relative to the industry and

4、the economic environment:Netrevenueof$114.6billionGAAPoperatingprofitof$10.1billionGAAPdilutedearningspershareof$3.14Non-GAAPoperatingprofitof$12.6billion*Non-GAAPdilutedearningspershareof$3.85*A solid performance by a more agile companyOver the last five years,HP has become a much more agile compan

5、y,able to adapt and benefit from changing market conditions.In fiscal 2009,we gained share in key markets and continued to invest for growth in research and development,acquisitions,and sales coverage.Perhaps nowhere has this agility been more evident thaninourPersonalSystemsGroup(PSG).Inthefirstqua

6、rter,PSGrevenuedeclined19percentfromthe prior year,but the business was able to adjust quickly to the new environment,rationalizing an operating model that encompasses the industrys largest PC supply chain and tens of thousands of resellers and retailers around the world.PSGdeliveredsolidmarginsandc