HP Reports Increases in Fourth Quarter Results

Enterprise Storage and Servers

Enterprise Storage and Servers (ESS) reported total revenue of $5.3 billion in the fourth quarter, up 25 percent. Industry Standard Server revenue increased 32 percent, while Storage revenue increased 14 percent and Business Critical Systems revenue grew 10 percent. ESS blade revenue was up 51 percent. Operating profit was $730 million, or 13.9 percent of revenue, up from $481 million, or 11.4 percent of revenue, in the prior-year period.