HP2-Q06 Related Links

HP2-Q06 Dropmark  |   HP2-Q06 Dropmark-Text  |   HP2-Q06 Blogspot  |   HP2-Q06 Wordpress  |   HP2-Q06 Box.net  |  
Download Updated Pass4sure HP HP2-Q06 exam questions | practice exam - Killexams

Can I find real Q&A of HP2-Q06 exam?

HP2-Q06 exam questions | HP2-Q06 practice exam | HP2-Q06 dump | HP2-Q06 exam dumps | HP2-Q06 free pdf download - Killexams.com

HP2-Q06 - Selling HP BCS Solutions - Dump Information

Vendor : HP
Exam Code : HP2-Q06
Exam Name : Selling HP BCS Solutions
Questions and Answers : 71 Q & A
Updated On : March 22, 2019
PDF Download Mirror : HP2-Q06 Brain Dump
Get Full Version : Pass4sure HP2-Q06 Full Version

it's far splendid to have HP2-Q06 actual test questions.

I passed HP2-Q06 certification with 91 percent marks. Your brain dumps are very much like real exam. thanks on your greatassist. I am able to maintain to use your dumps for my subsequent certifications. while i used to be hopeless that i cant become an IT certified; my buddy advised me about you; I attempted your online education gear for my HP2-Q06 examand become able to get a 91 result in exam. I own thanks to Killexams.

Take benefit of HP2-Q06 dumps, Use these questions to ensure your achievement.

I passed the HP2-Q06 exam last week and fully trusted this sell off from Killexams for my coaching. That could be a fantasticmanner to get licensed as come what may additionally the questions come from the actual pool of exam questions used by supplier. This manner, almost all questions I were given at the exam appeared acquainted, and that i knew answers to them. This is very reliable and sincere, specifically given their money again guarantee (i have a pal who come what may additionally failed an Architect degree exam and were given his cash once more, so this is for real).

Where will I find material for HP2-Q06 exam?

The team behind Killexams must significantly pat their returned for a job rightly achieved! I have no doubts whilst pronouncing that with Killexams, there may be no chance that you dont get to be a HP2-Q06. Definitely recommending it to the others and all the high-quality for the future you guys! What a tremendous observe time has it been with the aid material for HP2-Q06 to be had at the internet site. You have been like a pal, a real buddy indeed.

Weekend Study is enough to pass HP2-Q06 exam with these questions.

I passed HP2-Q06 exam. Way to Killexams. The exam can be very difficult, and i dont recognize how long it might take me to prepareon my very own. Killexams questions are very easy to memorize, and the first-class element is that theyre real and accurate. So you basically move in knowing what youll see in your exam. So long as you pass this complicated exam and placed your HP2-Q06 certification to your resume.

It is really great experience to have HP2-Q06 real exam questions.

Extremely useful. It helped me pass HP2-Q06 , specially the exam simulator. I am happy I become organized for these tricks. Thanks Killexams.

I need Latest and updated dumps of HP2-Q06 exam.

Great!, I proud to be trained together with your HP2-Q06 QA and software program. Your software helped me a lot in getting ready my HP2-Q06 exams.

Dont forget to try these real exam questions for HP2-Q06 exam.

The fast solutions made my coaching greater handy. I finished seventy five questions out off 80 rightly beneaththe stipulated time and managed 80%. My aspiration to be an authorized take the exam HP2-Q06. I were given the Killexams Q&A guide definitely 2 weeks in advance than the exam. Thank you.

can i find actual Q&A of HP2-Q06 examination?

Being an below common pupil, I got terrified of the HP2-Q06 exam as subjects looked very tough to me. But passing the test was a need as I needed to exchange the activity badly. Searched for an smooth manual and got one with the dumps. It helped me answer all a couple of type questions in two hundred mins and pass safely. What an superb question & solutions, braindumps! Happy to acquire gives from well-known corporations with good-looking package. I endorse best Killexams

So smooth questions in HP2-Q06 exam! i used to be already enough prepared.

Killexams truly you are maximum top class mentor ever, the manner you teach or guide is unmatchable with any other service. I have been given remarkable assist from you in my attempt to try HP2-Q06. I was no longer certain approximatelymy fulfillment however you made it in most effective 2 weeks thats really brilliant. I am very grateful to you for supplying such richhelp that these days i have been able to score super grade in HP2-Q06 exam. If im successful in my discipline its due to you.

These HP2-Q06 dumps works in the real test.

At the same time as i was getting organized up for my HP2-Q06 , It have become very worrying to pick out the HP2-Q06 test material. I discoveredKillexams at the same time as googling the pleasant certification assets. I subscribed and noticed the wealth of sources on it and used it to prepare for my HP2-Q06 test. I smooth it and Im so grateful to this Killexams.

See more HP dumps

HP2-B110 | HPE6-A15 | HP0-680 | HP0-J64 | HP5-H05D | HP0-S39 | HP0-J65 | HP0-662 | HP2-E40 | HP0-A01 | HP0-J29 | HP0-Y25 | HP2-E21 | HP0-J41 | HP2-T26 | HP2-B35 | HP0-Y20 | HP0-J66 | HP0-815 | HP0-P14 | HP0-M50 | HP5-H04D | HP2-E56 | HP0-505 | HP2-B91 | HP0-436 | HP0-A21 | HP2-H30 | HPE6-A47 | HP0-M41 | HP2-E24 | HP0-240 | HP2-E41 | HP2-B102 | HP2-T16 | HP0-M22 | HP0-D12 | HP2-E58 | HP0-Y17 | HP2-B105 | HP0-762 | HP0-S31 | HP2-K40 | HP0-P18 | HPE2-T34 | HP2-Z37 | HP0-T01 | HPE0-J74 | HP2-N28 | HP0-086 |

Latest Exams added on Killexams

156-727-77 | 1Z0-936 | 1Z0-980 | 1Z0-992 | 250-441 | 3312 | 3313 | 3314 | 3V00290A | 7497X | AZ-302 | C1000-031 | CAU301 | CCSP | DEA-41T1 | DEA-64T1 | HPE0-J55 | HPE6-A07 | JN0-1301 | PCAP-31-02 | 1Y0-340 | 1Z0-324 | 1Z0-344 | 1Z0-346 | 1Z0-813 | 1Z0-900 | 1Z0-935 | 1Z0-950 | 1Z0-967 | 1Z0-973 | 1Z0-987 | A2040-404 | A2040-918 | AZ-101 | AZ-102 | AZ-200 | AZ-300 | AZ-301 | FortiSandbox | HP2-H65 | HP2-H67 | HPE0-J57 | HPE6-A47 | JN0-662 | MB6-898 | ML0-320 | NS0-159 | NS0-181 | NS0-513 | PEGACPBA73V1 | 1Z0-628 | 1Z0-934 | 1Z0-974 | 1Z0-986 | 202-450 | 500-325 | 70-537 | 70-703 | 98-383 | 9A0-411 | AZ-100 | C2010-530 | C2210-422 | C5050-380 | C9550-413 | C9560-517 | CV0-002 | DES-1721 | MB2-719 | PT0-001 | CPA-REG | CPA-AUD | AACN-CMC | AAMA-CMA | ABEM-EMC | ACF-CCP | ACNP | ACSM-GEI | AEMT | AHIMA-CCS | ANCC-CVNC | ANCC-MSN | ANP-BC | APMLE | AXELOS-MSP | BCNS-CNS | BMAT | CCI | CCN | CCP | CDCA-ADEX | CDM | CFSW | CGRN | CNSC | COMLEX-USA | CPCE | CPM | CRNE | CVPM | DAT | DHORT | CBCP | DSST-HRM | DTR | ESPA-EST | FNS | FSMC | GPTS | IBCLC | IFSEA-CFM | LCAC | LCDC | MHAP | MSNCB | NAPLEX | NBCC-NCC | NBDE-I | NBDE-II | NCCT-ICS | NCCT-TSC | NCEES-FE | NCEES-PE | NCIDQ-CID | NCMA-CMA | NCPT | NE-BC | NNAAP-NA | NRA-FPM | NREMT-NRP | NREMT-PTE | NSCA-CPT | OCS | PACE | PANRE | PCCE | PCCN | PET | RDN | TEAS-N | VACC | WHNP | WPT-R | 156-215-80 | 1D0-621 | 1Y0-402 | 1Z0-545 | 1Z0-581 | 1Z0-853 | 250-430 | 2V0-761 | 700-551 | 700-901 | 7765X | A2040-910 | A2040-921 | C2010-825 | C2070-582 | C5050-384 | CDCS-001 | CFR-210 | NBSTSA-CST | E20-575 | HCE-5420 | HP2-H62 | HPE6-A42 | HQT-4210 | IAHCSMM-CRCST | LEED-GA | MB2-877 | MBLEX | NCIDQ | VCS-316 | 156-915-80 | 1Z0-414 | 1Z0-439 | 1Z0-447 | 1Z0-968 | 300-100 | 3V0-624 | 500-301 | 500-551 | 70-745 | 70-779 | 700-020 | 700-265 | 810-440 | 98-381 | 98-382 | 9A0-410 | CAS-003 | E20-585 | HCE-5710 | HPE2-K42 | HPE2-K43 | HPE2-K44 | HPE2-T34 | MB6-896 | VCS-256 | 1V0-701 | 1Z0-932 | 201-450 | 2VB-602 | 500-651 | 500-701 | 70-705 | 7391X | 7491X | BCB-Analyst | C2090-320 | C2150-609 | IIAP-CAP | CAT-340 | CCC | CPAT | CPFA | APA-CPP | CPT | CSWIP | Firefighter | FTCE | HPE0-J78 | HPE0-S52 | HPE2-E55 | HPE2-E69 | ITEC-Massage | JN0-210 | MB6-897 | N10-007 | PCNSE | VCS-274 | VCS-275 | VCS-413 |

See more dumps on Killexams

NS0-101 | 310-016 | 000-132 | C2090-611 | HP0-Y13 | LOT-848 | HP2-H29 | DCAPE-100 | P8060-028 | ML0-320 | 000-N55 | C2170-011 | 000-123 | 000-172 | 000-M78 | 1Z0-863 | 000-SS2 | Adwords-fundamentals | 3102-1 | P2090-032 | 922-109 | 642-164 | S10-101 | 310-400 | C2020-605 | VCAW510 | 050-v66-SERCMS02 | HP2-K26 | 000-933 | HPE6-A15 | CAT-200 | HH0-210 | 920-537 | E10-002 | 599-01 | 3312 | 642-995 | LOT-824 | 1Z0-863 | IBMSPSSMPRO | A2090-558 | VCPC550 | 000-119 | 000-442 | HP0-680 | 050-v71x-CSESECURID | CABM | 000-M98 | TB0-104 | 9L0-062 |

HP2-Q06 Questions and Answers

Pass4sure HP2-Q06 dumps | Killexams.com HP2-Q06 real questions | [HOSTED-SITE]

HP2-Q06 Selling HP BCS Solutions

Study Guide Prepared by Killexams.com HP Dumps Experts

Killexams.com HP2-Q06 Dumps and Real Questions

100% Real Questions - Exam Pass Guarantee with High Marks - Just Memorize the Answers

HP2-Q06 exam Dumps Source : Selling HP BCS Solutions

Test Code : HP2-Q06
Test Name : Selling HP BCS Solutions
Vendor Name : HP
Q&A : 71 Real Questions

wonderful supply today's first rate real take a look at questions, correct solutions.
whilst i was getting organized up for my HP2-Q06 , It became very stressful to choose the HP2-Q06 test material. i found killexams.com whilst googling the fine certification assets. I subscribed and saw the wealth of sources on it and used it to prepare for my HP2-Q06 check. I clear it and Im so thankful to this killexams.com.

That became great! I got actual take a look at questions cutting-edge HP2-Q06 examination.
started getting ready for the difficult HP2-Q06 exam the usage of the heavy and voluminous have a test books. However did not crack the difficult topics and have been given panicked. I used to be about to drop the exam when everybody mentioned me the sell off by way of the usage of killexams. It became absolutely easy to observe and the truth that I ought to memorize all in a short time, eliminated all my apprehensions. May additionally want to crack 67 questions in most effective 76 minutes and had been given a massive 85 marks. Felt indebted to killexams.com for making my day.

Did you tried these HP2-Q06 real examination financial institution and take a look at guide.
Me handed this HP2-Q06 exam with killexams.com question set. I did no longer having plenty time to prepare, i purchased this HP2-Q06 questions answers and exam simulator, and this end up the quality expert selection I ever made. I were given thru the exam effects, even though its not an smooth one. But this included all cutting-edge questions, and i had been given lots of them on the HP2-Q06 exam, and turned into capable of discern out the relaxation, based totally on my enjoy. I guess it become as near 7c5d89b5be9179482b8568d00a9357b2 as an IT exam can get. So yes, killexams.com is certainly as true as they say its miles.

wherein can i am getting understanding of HP2-Q06 exam?
At last, my score 90% was more than desire. At the point when the exam HP2-Q06 was only 1 week away, my planning was in an indiscriminate condition. I expected that I would need to retake in the event of disappointment to get 80% pass imprints. Taking after a companions recommendation, I bought the Q&A from killexams.com and could take a moderate arrangement by generally composed material.

Get these Q&As and visit holidays to put together.
I went crazy at the same time as my check turned into in per week and i misplaced my HP2-Q06 syllabus. I have been given blank and wasnt capable toparent out a way to manage up with the state of affairs. Manifestly, we all are aware about the importance the syllabus in the direction of the instruction length. Its far the best paper which directs the way. At the same time as i was almost mad, I got to comprehend about killexams. Cant thank my friend for making me privy to this form of blessing. Trainingbecame a lot easier with the assist of HP2-Q06 syllabus which I got via the website.

making ready HP2-Q06 examination with Q&A is be counted modern some hours now.
in case you want to exchange your destiny and ensure that happiness is your destiny, you want to work hard. opemarkstough on my own isnt sufficient to get to future, you want a few route in order to lead you toward the path. It wasdestiny that i found this killexams.com all through my exams because it lead me towards my destiny. My fate changed into getting accurate grades and this killexams.com and its teachers made it feasible my coaching we so well that I couldnt in all likelihood fail by way of giving me the material for my HP2-Q06 exam.

great to pay interest that real test questions modern HP2-Q06 exam are available.
This exam instruction package covered the questions i was asked at the exam - a few thing I didnt be given as real with might be viable. So the stuff they provide is in fact valid. It appears to be often updated to holdup with the professional updates made to HP2-Q06 exam. Superb first-class, the attempting out engine runs effortlessly and can be very consumer pleasant. there is not anything I dont like approximately it.

Take advantage brand new HP2-Q06 dumps, Use these inquiries to make certain your achievement.
began getting ready for the tough HP2-Q06 exam the usage of the heavy and voluminous test books. however didnt crack the hard topics and were given panicked. i used to be approximately to drop the exam when anyone referred to me the sell off by using killexams. It became virtually clean to examine and the fact that I should memorize all in a quick time, removed all my apprehensions. may want to crack 67 questions in only 76 mins and were given a large 85 marks. Felt indebted to killexams.com for making my day.

Did you tried this wonderful source latest actual exam questions.
At the same time as i was getting organized up for my HP2-Q06 , It have become very worrying to pick out the HP2-Q06 test material. I discoveredkillexams.com at the same time as googling the pleasant certification assets. I subscribed and noticed the wealth of sources on it and used it to prepare for my HP2-Q06 test. I smooth it and Im so grateful to this killexams.com.

HP2-Q06 exam questions are changed, wherein can i discover new query bank?
It is top notch experience for the HP2-Q06 exam. With no longer a whole lot stuff available on line, Im glad I were givenkillexams.com. The questions/answers are just notable. With killexams.com, the exam end up very smooth, amazing.

HP Selling HP BCS Solutions

Chevy buyers are actually promoting 1,000-HP Tahoes and Suburbans | killexams.com Real Questions and Pass4sure dumps

if you are drawn to an overly enormous and excessively powerful car (here's the usa, why wouldn't you be?), Chevrolet has just the pair of SUVs for you. attainable at Chevy buyers, warranties protected, are modified versions of the Suburban and Tahoe producing...wait for it...1,000 horsepower. 

Tuned via distinctiveness automobile Engineering, a regular GM organisation answerable for the existing Yenko muscle automobiles, the SUVs get a customized-developed, 6.eight-liter, supercharged V-8 based on the LT1 producing exactly 1,000 ponies and 875 pound-toes of torque. For those greater automatically inclined than I, the mill facets a "blueprinted LT1 aluminum block, race-first-class, desktop-balanced rotating assembly together with forged 4340 steel crankshaft and solid metal H-beam rods, forged aluminum pistons, CNC ported excessive-flow LT4 cylinder heads, a custom supercharger, and an eight-rib belt drive device."

If all of that seems like gibberish, just comprehend 1,000 hp is 37 extra from what you get out of a Ferrari LaFerrari.

The engine and supercharger are backed with the aid of a 3-12 months/36,000-mile guarantee while the heavy-duty upgraded transmission is covered for three hundred and sixty five days/12,000 miles. 

Xyratex Continues Momentum: Dell and HP to promote ClusterStor HPC solutions | killexams.com Real Questions and Pass4sure dumps

in this video SC12, Mike Stoltz from Xyratex describes the enterprise’s ClusterStor items for HPC. Xyratex lately announced that HP and Dell will resell ClusterStor to vigour their advanced HPC clusters.

Symmetry to promote HP Jet Fusion 3D Printing answer | killexams.com Real Questions and Pass4sure dumps

MINNEAPOLIS, MN, may also eleven, 2017 – Symmetry solutions, Inc., the main provider of 3D engineering design application and 3D printing solutions in the Midwest, announced that they are one of the crucial first companions selected by way of HP Inc. to sell and aid the HP Jet Fusion 3D Printing answer – the realm’s first construction-capable 3D printing gadget.

The HP Jet Fusion 3D Printing answer revolutionizes design, prototyping and manufacturing. It offers advanced first-class physical ingredients up to 10 instances sooner and at half the charge of present 3D printing systems.  useful components are printed at the particular person voxel level (the 3D equal of a 2nd pixel), enabling valued clientele to bring mass customization.

prospective customers of the HP Jet Fusion 3D Printing answer are massive, andincludegeneral manufacturers, model stores and 3D print service bureaus. advantages of the product encompass the following:

  • Simplified workflow and reduced cost for radical prototyping
  • start of ultimate ingredients manufacturing with breakthrough economics
  • Open materials platform that lowers barriers to adoption and allows for new purposes throughout industries
  • Symmetry options will be offering and aiding the Midwest with both the brand new HP 3D printers, designed for fast prototyping and creation.

  • The HP Jet Fusion 3D 3200 printer: gives more desirable productivity and the means to raise utilization at a decrease can charge per part.
  • The HP Jet Fusion 3D 4200 printer: gives high productivity to fulfill identical-day calls for on the lowest cost per half.
  • “we're completely satisfied to be chosen through HP Inc. as one of the vital first resellers of this progressive 3D printer,” cited Paul Rudin, president, Symmetry solutions. “Designed for actual construction constituents and quick prototyping, the HP Jet Fusion 3D Printing answer absolutely transforms how manufacturers design and bring solutions to their shoppers. This new expertise goes to trade our trade, and we're excited to be part of it.”

    About Symmetry solutions, Inc.

    Symmetry solutions, Inc. is the leading issuer of 3D engineering design software and 3D printing solutions in the Midwest.From conception to production, our crew of experts work with you to present the most effective equipment, working towards, assist and event available to fulfill your particular person needs. Our intention is to streamline your engineering and design strategies to boost productivity, speed time to market, and make sure you're a success with our solutions. Symmetry solutions is your professional SOLIDWORKS 3D CAD, HP 3D printing, and Markforged 3D printing issuer for the Midwest.Symmetry options is headquartered in Brooklyn Park, MN.

    For more tips, please visit www.symsolutions.com.

    While it is hard errand to pick solid certification questions/answers assets regarding review, reputation and validity since individuals get sham because of picking incorrectly benefit. Killexams.com ensure to serve its customers best to its assets as for exam dumps update and validity. The greater part of other's sham report objection customers come to us for the brain dumps and pass their exams cheerfully and effortlessly. We never bargain on our review, reputation and quality because killexams review, killexams reputation and killexams customer certainty is imperative to us. Extraordinarily we deal with killexams.com review, killexams.com reputation, killexams.com sham report grievance, killexams.com trust, killexams.com validity, killexams.com report and killexams.com scam. On the off chance that you see any false report posted by our rivals with the name killexams sham report grievance web, killexams.com sham report, killexams.com scam, killexams.com protestation or something like this, simply remember there are constantly terrible individuals harming reputation of good administrations because of their advantages. There are a great many fulfilled clients that pass their exams utilizing killexams.com brain dumps, killexams PDF questions, killexams rehearse questions, killexams exam simulator. Visit Killexams.com, our example questions and test brain dumps, our exam simulator and you will realize that killexams.com is the best brain dumps site.


    9A0-097 test prep | 000-737 practice questions | C9060-511 practice test | 301b brain dumps | 000-196 free pdf | 350-025 questions answers | 920-130 exam questions | HP0-J37 questions and answers | 250-510 study guide | C2170-011 pdf download | 1Z0-862 examcollection | C4040-120 exam prep | M2020-745 practice questions | HP0-J20 exam prep | 250-402 dump | 650-148 free pdf | C2020-004 study guide | 000-545 cram | 1Z0-986 brain dumps | 4A0-102 real questions |

    Passing the HP2-Q06 exam is simple with killexams.com
    killexams.com HP Certification is vital in career oportunities. Lots of students had been complaining that there are too many questions in such a lot of practice assessments and exam guides, and they are just worn-out to have enough money any more. Seeing killexams.com professionals work out this comprehensive version of brain dumps with real questions at the same time as nonetheless assure that just memorizing these real questions, you will pass your exam with good marks.

    At killexams.com, we give completely surveyed HP HP2-Q06 preparing assets which are the best to pass HP2-Q06 exam, and to get certified by HP. It is a best decision to speed up your position as an expert in the Information Technology industry. We are pleased with our notoriety of helping individuals pass the HP2-Q06 test in their first attempt. Our prosperity rates in the previous two years have been completely great, because of our upbeat clients who are currently ready to impel their positions in the fast track. killexams.com is the main decision among IT experts, particularly the ones who are hoping to move up the progression levels quicker in their individual associations. HP is the business pioneer in data innovation, and getting certified by them is an ensured approach to prevail with IT positions. We enable you to do actually that with our superb HP HP2-Q06 preparing materials.

    HP HP2-Q06 is rare all around the globe, and the business and programming arrangements gave by them are being grasped by every one of the organizations. They have helped in driving a large number of organizations on the beyond any doubt shot way of achievement. Far reaching learning of HP items are viewed as a critical capability, and the experts certified by them are exceptionally esteemed in all associations.

    We give genuine HP2-Q06 pdf exam questions and answers braindumps in two arrangements. Download PDF and Practice Tests. Pass HP HP2-Q06 real Exam rapidly and effectively. The HP2-Q06 braindumps PDF sort is accessible for perusing and printing. You can print increasingly and practice ordinarily. Our pass rate is high to 98.9% and the comparability rate between our HP2-Q06 study guide and genuine exam is 90% in light of our seven-year teaching background. Do you need successs in the HP2-Q06 exam in only one attempt? I am right now examining for the HP HP2-Q06 real exam.

    killexams.com Huge Discount Coupons and Promo Codes are as under;
    WC2017 : 60% Discount Coupon for all exams on website
    PROF17 : 10% Discount Coupon for Orders greater than $69
    DEAL17 : 15% Discount Coupon for Orders greater than $99
    DECSPECIAL : 10% Special Discount Coupon for All Orders

    As the only thing that is in any way important here is passing the HP2-Q06 - Selling HP BCS Solutions exam. As all that you require is a high score of HP HP2-Q06 exam. The just a single thing you have to do is downloading braindumps of HP2-Q06 exam prep directs now. We will not let you down with our unconditional guarantee. The experts likewise keep pace with the most up and coming exam so as to give the greater part of updated materials. Three Months free access to have the capacity to them through the date of purchase. Each applicant may bear the cost of the HP2-Q06 exam dumps through killexams.com at a low cost. Frequently there is a markdown for anybody all.

    At killexams.com, we provide absolutely studied HP HP2-Q06 getting ready sources which are the pleasant to pass HP2-Q06 exam, and to get asserted by way of HP. It is a fine choice to animate your employment as a specialist in the Information Technology industry. We are glad with our reputation of supporting people pass the HP2-Q06 exam of their first undertakings. Our thriving fees inside the beyond two years have been absolutely extraordinary, because of our cheery clients who are currently prepared to result in their livelihoods in the maximum optimized plan of assault. killexams.com is the primary choice among IT specialists, in particular those who're making plans to climb the movement ranges faster in their individual affiliations. HP is the commercial enterprise pioneer in information development, and getting avowed by them is a assured way to cope with win with IT jobs. We empower you to do efficaciously that with our notable HP HP2-Q06 getting ready materials.

    HP HP2-Q06 is omnipresent all around the international, and the business and programming publications of action gave by means of them are being gotten a manage on by way of every one of the associations. They have helped in using an in depth quantity of associations on the with out question shot method for success. Expansive mastering of HP matters are seen as a basic ability, and the experts confirmed through them are uncommonly seemed in all affiliations.

    We provide sincere to goodness HP2-Q06 pdf exam question and answers braindumps in two plans. Download PDF and Practice Tests. Pass HP HP2-Q06 Exam fast and viably. The HP2-Q06 braindumps PDF kind is to be had for inspecting and printing. You can print steadily and exercise usually. Our pass rate is high to ninety eight.9% and the similarity fee among our HP2-Q06 syllabus keep in mind manage and certifiable exam is ninety% in mild of our seven-yr instructing basis. Do you require achievements inside the HP2-Q06 exam in just a unmarried undertaking? I am at the existing time analyzing for the HP HP2-Q06 real exam.

    As the principle factor that is in any capacity critical here is passing the HP2-Q06 - Selling HP BCS Solutions exam. As all that you require is an excessive rating of HP HP2-Q06 exam. The best a solitary element you need to do is downloading braindumps of HP2-Q06 exam don't forget coordinates now. We will not can help you down with our unrestricted guarantee. The experts in like manner keep pace with the maximum best in elegance exam to give maximum of updated materials. Three months loose access to have the potential to them via the date of purchase. Every candidate may additionally endure the cost of the HP2-Q06 exam dumps thru killexams.com requiring little to no effort. Habitually there is a markdown for absolutely everyone all.

    Inside seeing the bona fide exam material of the brain dumps at killexams.com you can with out a whole lot of an amplify broaden your declare to repute. For the IT professionals, it's miles basic to enhance their capacities as showed with the aid of their work need. We make it fundamental for our customers to hold certification exam with the help of killexams.com confirmed and sincere to goodness exam cloth. For an awesome destiny in its area, our brain dumps are the Great decision.

    A Great dumps growing is a basic segment that makes it trustworthy a good way to take HP certifications. In any case, HP2-Q06 braindumps PDF offers settlement for candidates. The IT declaration is a important tough attempt if one doesnt discover true course as apparent resource material. Thus, we've got proper and updated material for the arranging of certification exam.

    It is essential to acquire to the manual material in case one wishes in the direction of shop time. As you require packs of time to look for revived and true exam material for taking the IT certification exam. If you find that at one region, what may be higher than this? Its really killexams.com that has what you require. You can save time and keep a strategic distance from trouble in case you purchase Adobe IT certification from our website.

    You need to get the maximum revived HP HP2-Q06 Braindumps with the actual answers, which can be set up by way of killexams.com professionals, empowering the likelihood to apprehend finding out approximately their HP2-Q06 exam course inside the first-class, you will not locate HP2-Q06 outcomes of such satisfactory wherever within the marketplace. Our HP HP2-Q06 Practice Dumps are given to applicants at acting 100% in their exam. Our HP HP2-Q06 exam dumps are modern day inside the market, permitting you to prepare on your HP2-Q06 exam in the proper manner.

    If you are possessed with viably Passing the HP HP2-Q06 exam to start obtaining? killexams.com has riding area made HP exam has a tendency to so as to guarantee you pass this HP2-Q06 exam! killexams.com passes on you the maximum correct, gift and cutting-edge revived HP2-Q06 exam questions and open with a 100% authentic assure ensure. There are severa institutions that provide HP2-Q06 brain dumps but the ones are not genuine and cutting-edge ones. Course of motion with killexams.com HP2-Q06 new request is a most perfect way to deal with pass this certification exam in primary manner.

    killexams.com Huge Discount Coupons and Promo Codes are as below;
    WC2017 : 60% Discount Coupon for all exams on website
    PROF17 : 10% Discount Coupon for Orders extra than $69
    DEAL17 : 15% Discount Coupon for Orders extra than $ninety nine
    DECSPECIAL : 10% Special Discount Coupon for All Orders

    We are usually specially mindful that an imperative difficulty within the IT business is that there is unavailability of enormous well worth don't forget materials. Our exam preparation material gives all of you that you should take an certification exam. Our HP HP2-Q06 Exam will give you exam question with confirmed answers that reflect the real exam. These request and answers provide you with the revel in of taking the honest to goodness test. High bore and impetus for the HP2-Q06 Exam. 100% confirmation to pass your HP HP2-Q06 exam and get your HP attestation. We at killexams.com are made plans to empower you to pass your HP2-Q06 exam with excessive ratings. The chances of you fail to pass your HP2-Q06 test, in the wake of encountering our sweeping exam dumps are for all intents and functions nothing.


    Killexams P2170-037 free pdf | Killexams 310-105 questions and answers | Killexams FN0-240 cram | Killexams CRA free pdf download | Killexams 132-S-911 practice test | Killexams 000-934 cheat sheets | Killexams HAT-050 examcollection | Killexams HP2-Z07 braindumps | Killexams 4A0-M01 pdf download | Killexams 3I0-008 VCE | Killexams HP2-E52 practice test | Killexams 000-820 brain dumps | Killexams VCS-310 braindumps | Killexams C2010-654 test prep | Killexams 3X0-203 real questions | Killexams 050-708 free pdf | Killexams 70-526-CSharp braindumps | Killexams 190-273 practice questions | Killexams COG-180 study guide | Killexams 250-265 exam prep |


    View Complete list of Killexams.com Brain dumps

    Killexams 9A0-150 exam prep | Killexams 9L0-010 pdf download | Killexams HP0-210 questions and answers | Killexams 9A0-080 mock exam | Killexams C4090-971 study guide | Killexams HP2-K19 braindumps | Killexams 000-M34 practice test | Killexams JN0-101 braindumps | Killexams HP2-N34 braindumps | Killexams CTFL-UK practice exam | Killexams CNOR free pdf | Killexams 132-S-70 questions and answers | Killexams HP2-H23 cheat sheets | Killexams HP0-S44 study guide | Killexams 117-304 dumps | Killexams C2140-052 dump | Killexams NS0-159 free pdf | Killexams HP2-B117 test prep | Killexams 642-104 Practice test | Killexams 922-098 real questions |

    Selling HP BCS Solutions

    Pass 4 sure HP2-Q06 dumps | Killexams.com HP2-Q06 real questions | [HOSTED-SITE]

    Hewlett-Packard's CEO Discusses F1Q 2014 Results - Earnings Call Transcript | killexams.com real questions and Pass4sure dumps

    No result found, try new keyword!We also introduced new solutions in our converged storage portfolio ... But there's also a mix thing going on here as well because every time we sell storage and networking that is margin accretive to ...

    HP Reports Record Revenue in Q1 | killexams.com real questions and Pass4sure dumps

    Thursday, February 17, 2005

    Press release from the issuing company

    PALO ALTO, Calif.--Feb. 16, 2005-- HP today reported financial results for its first fiscal quarter ended Jan. 31, 2005. First quarter revenue increased 10% year-over-year to $21.5 billion. Non-GAAP(1) operating profit was $1.3 billion, with non-GAAP diluted earnings per share (EPS) of $0.37, up 6% from $0.35 in the prior-year period. Non-GAAP diluted EPS and non-GAAP net earnings for the first quarter reflect a $135 million adjustment on an after-tax basis, or $0.05 per diluted share. GAAP operating profit for the first quarter was $1.2 billion. GAAP diluted EPS was $0.32 per share, up 7% from $0.30 in the prior-year period. On Jan. 21, 2005, HP announced it had settled all ongoing patent litigation with Intergraph Corporation. This settlement had an impact of approximately $0.03 per share on first quarter 2005 GAAP and non-GAAP net earnings. HP benefited during the quarter from a reduced non-GAAP tax rate of 13.3%, which reflects the tax impact of the Intergraph settlement and the resolution of prior-period tax items. "HP had a solid first quarter, highlighted by strong growth and profit in our Personal Systems Group, strong revenue growth in our Services business and cash flow from operations of $1.6 billion," said Robert Wayman, HP chief executive officer and chief financial officer. "While we continue to make progress in growing our top line, there is work to be done to improve our profitability. As the board conducts a CEO search, our management team is focused on driving improved execution to serve our customers, strengthen our competitiveness and improve shareholder value," Wayman said. During the quarter, on a year-over-year basis, revenue in Europe, the Middle East and Africa (EMEA) grew 12% to $9.3 billion, in Americas grew 6% to $8.9 billion and in Asia Pacific/Japan grew 15% to $3.3 billion. On a consolidated basis, when adjusted for the effects of currency, first quarter 2005 revenue grew 5% year-over- year. Imaging and Personal Systems Group The Imaging and Personal Systems Group (IPSG), which was formed in mid-January, consists of the Personal Systems Group (PSG) and the Imaging and Printing Group (IPG). IPSG reported first quarter revenue of $12.9 billion, up 7% year-over-year. Operating profit for the first quarter totaled $1.1 billion, or 8.3% of revenue, compared to $1.0 billion, or 8.5% of revenue, in the prior-year period. "The formation of the Imaging and Personal Systems Group provides us with a unique opportunity to leverage the strengths of both groups into one unified business," said Vyomesh (VJ) Joshi, executive vice president, Imaging and Personal Systems Group, HP. "Today, our combined organization has a stronger focus on business and customer solutions that enables us to accelerate profitable growth and strengthen our market position." Personal Systems Group PSG revenue grew 11% year-over-year to $6.9 billion. Unit shipments increased 12% year-over-year, reflecting stable average selling prices. On a year-over-year basis, desktop revenue increased 8%, notebook revenue grew 9% and handhelds revenue grew 15%. Revenue for commercial clients, which includes workstations, grew 11% over the prior-year period, while consumer clients revenue grew 7%. PSG reported an operating profit of $147 million, or 2.1% of revenue, up $86 million year-over- year. Imaging and Printing Group IPG posted quarterly revenue of $6.1 billion, up 3% year-over-year. On a year-over- year basis, supplies revenue grew 8%, fueled by strong growth in color printing. Commercial hardware revenue grew 4%, driven by strength in color laser, multi- function printers and digital press. Consumer hardware revenue decreased 13%. During the quarter, HP shipped 12 million printers. IPG reported an operating profit of $932 million, or 15.4% of revenue, down $35 million year-over-year. Technology Solutions Group The Technology Solutions Group (TSG) consists of Enterprise Storage and Servers, Software and HP Services. The group reported revenue of $8.1 billion, up 14% from the prior-year period. Operating profit for the quarter totaled $312 million, or 3.9% of revenue, down from $365 million, or 5.2% of revenue, year-over-year. "TSG posted strong top line results for the quarter, but we continue to face ongoing margin pressure due to pricing and product mix, as well as costs associated with workforce reductions. We are actively managing our cost structure to achieve improved profitability," said Ann Livermore, Executive Vice President, HP's Technology Solutions Group. "In this highly competitive environment, I'm especially proud of the strong top line we achieved in HP Services, which continues to grow faster than the market and our leading competitors." Enterprise Storage and Servers Enterprise Storage and Servers (ESS) reported revenue of $4.0 billion, up 9% over the prior-year period. On a year-over-year basis, industry-standard server revenue increased 19%, business-critical systems (BCS) revenue declined 2% and networked storage revenue was down 1%. Within BCS, HP-UX revenue growth of 3% year-over-year was more than offset by NonStop declines of 19% and ongoing declines in AlphaServer sales. ESS reported operating profit of $71 million for the quarter, or 1.8% of revenue, down from $153 million in the prior-year period. HP Services HP Services (HPS) revenue grew 20% year-over-year to a record $3.8 billion. On a year-over-year basis, Managed Services revenue grew 44%, Consulting and Integration grew 20% and Technology Services grew 14%. Operating profit was $281 million, or 7.4% of revenue, compared with $261 million in the prior-year period. Software Software reported quarterly revenue of $240 million, an increase of 18% year-over- year. HP OpenView revenue increased 16% year-over-year. HP OpenCall revenue was up 22%. Software reported an operating loss of $40 million, compared with a loss of $49 million in the prior-year period. Financial Services HP Financial Services (HPFS) reported revenue of $555 million, up 26% year-over- year. Finance volume, a leading indicator of future revenue, grew 25% over the prior-year period and net portfolio assets increased by 3% to $7.2 billion. Operating profit was $45 million, or 8.1% of revenue, up from $29 million in the prior-year period. Asset management Inventory ended the quarter at $7.1 billion, essentially flat sequentially and up $633 million year-over-year. Accounts receivable declined $1.6 billion sequentially and increased $344 million over the prior-year period to $8.7 billion. HP's dividend payment of $0.08 per share in the first quarter resulted in a cash usage of $233 million. In addition, HP utilized $637 million of cash during the first quarter in connection with stock repurchases. HP exited the quarter with $13.6 billion in gross cash, which includes cash and cash equivalents of $13.3 billion and short- and certain long-term investments of $0.3 billion. Outlook HP estimates Q2 FY05 revenue will be in the range of $21.2 billion to $21.6 billion, with non-GAAP earnings per share in the range of $0.35 to $0.37. The non-GAAP EPS expectations assume after-tax exclusion for charges of approximately $0.04 per share from amortization of purchased intangible assets.


    Hewlett-Packard Management Discusses Q3 2012 Results - Earnings Call Transcript | killexams.com real questions and Pass4sure dumps

    Margaret C. Whitman - Chief Executive Officer, President and Director

    Catherine A. Lesjak - Chief Financial Officer and Executive Vice President

    Benjamin A. Reitzes - Barclays Capital, Research Division

    Bill C. Shope - Goldman Sachs Group Inc., Research Division

    A.M. Sacconaghi - Sanford C. Bernstein & Co., LLC., Research Division

    Kathryn L. Huberty - Morgan Stanley, Research Division

    Keith F. Bachman - BMO Capital Markets U.S.

    Aaron C. Rakers - Stifel, Nicolaus & Co., Inc., Research Division

    Brian G. Alexander - Raymond James & Associates, Inc., Research Division

    Shannon S. Cross - Cross Research LLC

    Welcome to the Third Quarter 2012 Hewlett-Packard Earnings Conference Call. My name is Monica, and I'll be your operator for today's call. [Operator Instructions] Please note that this conference is being recorded. I would now like to turn the call over to Mr. Rob Binns, Vice President of Investor Relations. Rob, you may begin.

    Good afternoon. Welcome to our third quarter 2012 earnings conference call with Meg Whitman, HP's Chief Executive Officer; and Cathie Lesjak, HP's Chief Financial Officer.

    Before handing the call over to Meg, may I remind you that this call is being webcast. A replay of the webcast will be made available shortly after the call for approximately 1 year. Some information provided during this call may include forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of HP may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements, other than statements of historical facts, are statements that could be deemed forward-looking statements, including, but not limited to, any projections of revenue, margins, expenses, earnings, earnings per share, tax provisions, cash flows, share repurchases, currency exchange rates, the impact of acquisitions or other financial items; any projections of the amount, timing or impact of cost savings, restructuring charges, early retirement programs, workforce reductions or impairment charges; any statements of the plans, strategies and objectives of management for future operations; and any statements concerning the expected development, performance, market share or competitive performance relating to products or services; and any statements of assumptions underlying any of the foregoing. A discussion of some of these risks, uncertainties and assumptions is set forth in more detail in HP's SEC reports, including its most recent Form 10-Q. HP assumes no obligation and does not intend to update any such forward-looking statements.

    The financial information discussed in connection with this call, including any tax-related items, reflect estimates based on information available at this time and could differ materially from the amounts ultimately reported in HP's third quarter Form 10-Q. Revenue, earnings, operating margins and similar items at the company level are sometimes expressed on a non-GAAP basis and have been adjusted to exclude certain items, including, amongst other things, amortization of purchased intangibles, restructuring charges and acquisition-related charges. The comparable GAAP financial information and a reconciliation of non-GAAP amounts to GAAP are included in the tables and in the slide presentation accompanying today's earnings release, both of which are available on HP Investor Relations webpage at www.hp.com. Now I'll turn the call over to Meg.

    Margaret C. Whitman

    Thank you, Rob, and thanks to all of you for joining us today. Since our last earnings call, we've made progress on HP's turnaround. We are focusing the company on our strategic priorities and driving organizational change. These actions will make HP more efficient, easier to do business with and easier to work for. We have great opportunities in front of us, but we also have a number of challenges. Some of them are macroeconomic, others are industry trends and, frankly, some are about HP's execution.

    Make no mistake about it, we're still in the early stages of a turnaround. There will be challenges ahead that could create some variability in performance. But I'm confident in our ability to work through them and get to where we want to be.

    With that as a backdrop, let's take a look at the third quarter. Overall, we had a decent quarter. And again, we did what we said we are going to do. While revenue declined 5%, or 2% in constant currency, the trajectory of the decline flattened in Q3. This is encouraging in light of the deteriorating macroeconomic environment. At the same time, we exceeded the non-GAAP diluted EPS outlook of $0.94 to $0.97 that we gave in May. We delivered $1, beating the high end of our outlook by $0.03 a share on revenues of $29.7 billion.

    When you look at our performance during the quarter, there were things that we did well, and there were things that we could have done better. Looking at the positives for the quarter, Storage, Networking, IPG and hyperscale servers delivered solid results. Our 3PAR business grew more than 60% in the third quarter, and we announced new enhancements to our HP StoreOnce product that delivered record-breaking backup performance. This technology was developed in HP Labs and includes more than 50 patent pending innovations. In HP Networking, we delivered strong results with revenue growth of 10% over the prior year, normalized for divestiture. Our Virtual Application Networks technology is enabling administrators to automate changes in their network and deploy an application in minutes instead of the weeks it currently takes. In Industry Standard Servers, we made progress in aligning our supply chain and engineering capabilities in hyperscale. This is building our competitive advantage to win and win profitably in this fast-growing market.

    On a less positive note, the mainstream server market continues to show weakness. However, we believe the progress we're making in hyperscale will inform our capabilities to further improve in the mainstream server business over the long term.

    In IPG, we saw solid margin improvement in the third quarter. Ink Advantage, our innovative business model targeting affordable printing in emerging markets, made significant progress. We greatly expanded the number of countries we now cover with this program. Our focus on the high end of the hardware market continues to show positive results with strong share gains. We also launched HP ePrint Enterprise 2.0. This amazing technology enables enterprises to easily connect every employee's mobile device to an existing fleet of network printers via HP's cloud printing solution.

    In the area of cloud and information, we introduced a number of innovations, including an enhanced version of our flagship product, HP CloudSystem. CloudSystem enables enterprises and service providers to create private, managed and public cloud environments. We now have almost 750 unique CloudSystem customers. We also announced HP Converged Cloud services for airlines, a hybrid delivery approach to the cloud specifically designed to help airlines create new revenue streams, deliver better service to their customers, lower their costs and increase productivity. And we released our first public cloud services, backed by an industry-leading Service Level Agreement. Built on proven HP technologies, HP Cloud Services also leverages OpenStack, providing a foundation for one of the most open and scalable set of cloud services in the market. And we continue to leverage the IP of our acquisitions across the portfolio. We announced a number of integrated solutions that combine the power of Autonomy, Vertica, Enterprise Services and our Converged Infrastructure to address the problems and opportunities of Big Data.

    Now let me talk about our customers. And in Q3, we had some great customer wins. For example, Russian Railways, the world's second largest railway, engaged HP Software to improve the efficiency of their IT operations using HP's broad portfolio of IT management software. The U.S. Air Force selected HP to provide PCs and workstations around the world. NASCAR announced the development of the NASCAR Fan and Media Engagement Center, a resource that will leverage HP's Information Management, analytics and social media offerings to enable NASCAR to engage with consumers through leading media channels. And Consolidated Graphics, one of the world's largest and most extensive commercial print service providers, purchased 10 HP Indigo 10000 digital presses. These customer engagements give you a sense of the breadth and scale of the difference HP makes in the world every day.

    Now let me outline some areas where we're not where we need to be. While Enterprise Services' performance in the third quarter was within our expectations, there are still a lot of work that needs to be done. Earlier this month, we announced a change in leadership at ES with Mike Nefkens stepping in to lead on an acting basis. Mike is an experienced leader who has led IT transformations for a number of our largest accounts. In addition, JJ Charhon has taken on a newly defined role as Chief Operating Officer for ES, focusing on increasing customer satisfaction and improving service delivery efficiency.

    ES is in a multiyear turnaround. And as I have said before, progress will not be linear. We expect to see some variability in performance as we transition and build a more profitable business. We will turn ES around, but it's going to take some time as we focus on margins with both our new business and contract renewals.

    Moving to PPS, the PC market remains weak, and channel inventory is high across the industry ahead of new product releases. Our PC revenue was down 10% year-over-year, driven by this weakness and an aggressive pricing from our competitors. The reality is, we're locked in serious, competitive battles, but we're determined to win. We will fight to sustain our leadership position, particularly in the Commercial space, while remaining focused on profitable growth. To this end, we are executing targeted marketing and promotional programs to support the business in Q4.

    Autonomy still requires a great deal of attention, and we've been aggressively working on that business. Among the many changes we've instituted is a global dashboard to track Autonomy's pipeline, a single global sales methodology, a single HP services engagement process and a global process to measure client satisfaction and service delivery progress. These actions are designed to help deliver predictable results and improve after-sale customer satisfaction.

    We crossed an important customer milestone with Autonomy LiveVault, our cloud-based data protection service for content archiving, passing the 10,000th customer mark during the quarter, demonstrating great momentum for this HP cloud service. Overall, we have a very long way to go, but we are taking steps to fix the problems and help Autonomy succeed.

    In Q3, we achieved significant progress in reorganizing and restructuring the company. We made several executive moves to help strengthen HP's leadership bench and support our turnaround. Bill Veghte was named Chief Operating Officer, with responsibility to further accelerate the execution of the company's strategy. Bill is working closely with his peers to support key projects with the ultimate goal of making the collective HP more than just the sum of its parts. And we welcome George Kadifa as our new head of HP Software. George joined us from Silver Lake partners and is well known for his expertise in building and managing technology businesses and software development.

    The integration of PSG and IPG is well under way. We are reducing overlaps and driving cost reductions between the 2 businesses, while, at the same time, taking advantage of their combined scale.

    We've streamlined the Enterprise group sales management. As I mentioned earlier, we are taking aggressive steps to right the ship at Enterprise Services.

    Moving on to other parts of our restructuring, we achieved our targets in Q3 with approximately 4,000 employees leaving the company. Given the timing of the action, we saw minimal savings due to these efforts inside the quarter. However, greater-than-expected acceptance of the early retirement program has accelerated the workforce reduction program, and we now expect approximately 11,500 employees to leave the company in fiscal year '12 versus our prior estimate of 9,000.

    That sums up where we ended Q3. Now let me spend a couple of moments talking about Q4 and our future outlook.

    There are a number of headwinds we face that fall into 3 areas: macroeconomic and industry trends, as well as challenges in HP's execution. I've talked before about the tectonic plate shifts in the industry that are occurring, cloud, mobility, virtualization and more, all impacting the way customers, both enterprise and consumer, are leveraging technology. This means HP needs to shift its portfolio. This will require some trade-offs and some time. We expect the underlying macro and industry headwinds, which have recently intensified, will remain in Q4 and well into FY '13. This will pressure both our top line performance and our ability to reposition our portfolio and make the right investments. HP has some great assets to build on, but the the near-term outlook will be challenging as we set this company up for the long term.

    While there is little we can do about the macroeconomic and industry trends, execution is another matter. HP has to do a better job of executing against its goals. To that end, we've made a number of organizational changes that may be a distraction in the short term but are absolutely the right thing to do in the long term. Therefore, we expect fiscal year '12 non-GAAP EPS to be between $4.05 to $4.07, consistent with the low end of our previous outlook for the fiscal year.

    So in summary, we're focused on driving innovation across our business. I'm very excited about the new products and services we will launch this fall, including a new line of PCs and tablets with a focus on design, a line of multifunction printers and new additions to our security portfolio, both in Software and Enterprise Services. We're also rebuilding our balance sheet. We generated $2.8 billion in operating cash flow and $2.1 billion in free cash flow in the quarter and reduced our net debt position by over $1.5 billion in the quarter.

    In short, we still have a lot of a lot of work ahead us, but with the support of customers, employees and investors, I'm confident in our ability to reinvigorate HP. With that, I'd like to turn over to Cathie to provide more detail on the quarter.

    Catherine A. Lesjak

    Thank you, Meg. I'll review the third quarter performance and then close with our fourth quarter outlook.

    In the third quarter, revenue was $29.7 billion, down 5% year-over-year, as reported, and down 2% in constant currency. Our geographic performance reflects the continued macroeconomic challenges across the globe. In the Americas, revenue was $13.4 billion, down 5% year-over-year, as reported, and down 3% in constant currency. Revenue in EMEA was down 4% to $10.6 billion, and revenue in Asia Pacific was down 7% year-over-year to $5.7 billion. On a constant currency basis, EMEA was up 1% as growth in Russia and Central and Eastern Europe was somewhat offset by declines in Western Europe. APJ was down 6% in constant currency, largely driven by continued weakness in China.

    Non-GAAP gross margin of 23.4% was flat year-over-year as improvements in IPG and Software margins were offset by declines in PSG and Services. The 20-basis-point sequential improvement in gross margins was driven by the improvement in IPG.

    Non-GAAP operating expenses were $4.2 billion, down $22 million year-over-year and down 4% sequentially due to lower marketing and field selling costs. As we discussed previously, there was little impact of the restructuring cost savings in Q3 as most of the employee departures were late in the quarter.

    Non-GAAP operating margin was 9.2%, down 60 basis points year-over-year, and the company delivered $2.7 billion in operating profit. The bridge from non-GAAP operating profit to non-GAAP earnings per share includes the following: other income and expense yielded a net expense of $224 million; our tax rate was approximately 22%; and we used $365 million in the quarter to repurchase 16.5 million shares, bringing our weighted average share count to 1,975,000,000 shares, which is down 5% year-over-year.

    As a result, we exceeded our non-GAAP guidance in the quarter, delivering non-GAAP diluted earnings per share of $1 and a GAAP loss per share of $4.49. Third quarter fiscal 2012 GAAP loss per share includes after-tax costs of approximately $5.49 per share related primarily to the impairment of goodwill, amortization and impairment of purchased intangible assets, restructuring charges and acquisition-related charges. We have a detailed bridge in the earnings deck posted on the HP Investor Relations website.

    Now turning to our business segments. Personal Systems Group delivered revenue of $8.6 billion in the quarter, down 10% year-over-year, with a 4.7% operating margin. Total units shipped were down 10% year-over-year as we saw weakness in overall consumer demand as well as geographic softness across Asia Pacific and the Americas. By category, commercial revenue was down 9%, and consumer revenue declined 12% year-over-year.

    Turning to Imaging and Printing. Net revenue for IPG was $6 billion, down 3% year-over-year with supplies revenue declining 3%. As Meg mentioned, we have made hardware share gains in the high end and are pleased to see the traction with moving ink products into the commercial segment. At the same time, the demand environment, particularly for consumers, remains a headwind, affecting our success in balancing sell-in and sell-through activity with the channel. We need to reduce channel inventory through close inspection and end user demand stimulation. Operating profit was up 1.6 points year-over-year to 15.8% of revenue and $949 million in profits. Supplies were 67% of the mix, and we saw margin rate improvements across hardware and toner, which contributed to the margin improvement.

    By business unit, total printer unit shipment volume was down 17% year-over-year, largely driven by the decline in consumer as we focused on the higher-end units. Consumer printer revenue was down 13% year-over-year with hardware units down 23%. Commercial printer revenue and hardware units were up 4% year-over-year.

    Moving on to Services. As we announced on August 8, we are recording a GAAP-only noncash pretax charge of approximately $8 billion for the impairment of goodwill within the Services segment. The impairment stems from the recent trading values of HP stock, coupled with market conditions and business trends within the Services segment. We do not expect this goodwill impairment charge to result in any future cash expenditures or otherwise affect the ongoing business or financial performance of the Services segment.

    In the third quarter, Services delivered revenue of $8.8 billion, down 3% from the prior year and up 1% in constant currency. Operating profit of $959 million was 11% of revenue, down 2.7 points from the prior year but still within our expected range of 10% to 12%. The year-over-year decline was due to the unfavorable impact of resource management and account performance and runoff, somewhat offset by an improvement in the cost of services delivery. We saw strong sequential growth in the total contract signings for our Strategic Enterprise Services, which includes cloud, application modernization, security and information management and analytics. The revenue pipeline is promising, although it is not yet significant enough to outweigh the revenue declines created by the runoff of lower margins in that strategic business.

    IT Outsourcing revenue, at $3.7 billion, was down 6% year-over-year as we continued to scrutinize new deals and renewals for margin and strategic fit. Application and business services revenue was flat year-over-year at $2.5 billion and up 5% in constant currency. Technology Services revenue was down 1% year-over-year to $2.6 billion and flat sequentially.

    Turning to Enterprise Servers, Storage and Networking. Revenue of $5.1 billion was down 4% year-over-year, impacted by declines in BCS and softness in the EMEA market. Operating profit was $562 million, and the operating margin of 10.9% was 2 points lower than the prior year period. The margin decrease was driven by competitive pricing and a higher mix of less profitable customers in regions within Industry Standard Servers and a lower mix of BCS, somewhat offset by growth in networking.

    Now let's dive into the ESSN performance by business. In Storage, the continued strong performance of 3PAR with more than 60% growth and StoreOnce with double-digit growth did not offset the decline in EVA and Tape revenue. External disk revenue was flat year-over-year, and total Storage revenue was down 5% year-over-year. Overall, Business Critical Systems revenue declined 16% year-over-year. Within BCS, NonStop server revenue grew double digits, but BCS' performance continued to be impacted by Itanium revenue decline even with the first ruling in the Oracle Itanium case going in our favor. Industry Standard Server revenue declined 3% year-over-year with broad-based geographic weakness across the industry and competitive pricing. The order ramp for the Gen8 ProLiant server is still outpacing that of Gen7. Networking revenue was up 6% year-over-year at $647 million, or up 10% when normalized for divestitures in Q1. We have made significant improvements in sales execution, successfully signing 46 new logos in the quarter, which has been up every quarter this year.

    Software revenue of $973 million was up 18% from the prior year quarter. Macro challenges in EMEA and the Americas as well as sales execution issues negatively impacted Software license revenue, which grew 2%. This was offset by growth in our support and services revenue of 16% and 65%, respectively. As Meg discussed, we have a lot of work to do over the next several quarters to improve Autonomy performance, and we will be focused on improving pipeline conversions and execution across the entire Software business. SaaS revenue, a strategic aspect of the portfolio, is growing well. Overall, third quarter operating profit for Software was $175 million or 18% of revenue.

    HP Financial Services revenue was flat year-over-year at $935 million. Financing volume was down 2%, and net portfolio assets increased 2% year-over-year. Operating profit of $97 million was up 10% year-over-year to 10.4% of revenue.

    Now on to capital allocation and the balance sheet. As we have said, we remain committed to rebuilding our balance sheet. Operating cash flow was up quarter-on-quarter to $2.8 billion, and free cash flow was $2.1 billion. Total gross cash at the end of the quarter was $9.9 billion. During the quarter, we returned $365 million in cash to shareholders via share repurchases, leaving roughly $9.3 billion remaining in the authorized share repurchase program. We also increased the dividend by 10% and paid $260 million to shareholders in the form of dividends. We have been working to improve our cash conversion cycle and brought it down by 1 day sequentially this quarter. But at 27 days, it is still up 1 day from the prior year. We have more work to do in Q4 and fiscal '13 on accelerating our cash conversion cycle. And our focus here: to get back to historical levels.

    Now turning to our outlook, which was impacted by HP execution issues, market dynamics and macro assumptions. For HP as a company, we are in the early stages of our turnaround and of our restructuring efforts. In fact, some of the changes we are making to improve our business long term, such as realigning and restructuring our sales force, are impacting our revenue performance in the short term. In Services, our diligence around account profitability is putting pressure on our signings of both new logos and renewals, which accelerates the need to manage costs aggressively. The organizational and operational improvements we are making to our cost structure will have a positive impact in the fourth quarter, but those benefits will be needed to counteract some of the headwinds we are facing.

    In terms of the market conditions, consumer demand remains soft in PCs and printing, resulting in elevated levels of channel inventory for us in PSG consumer and IPG. We will look to manage sell-ins, consistent with the underlying soft demand. Additionally, the pricing environment in our hardware business remains competitive. From a macro perspective, the environment is even more challenging than we previously thought even 2 months ago. We are cautious about the growth prospects globally for both consumer and commercial spending. And we expect that currency will be a headwind to revenue of approximately 3 points year-over-year in Q4.

    With that context, we expect fiscal year 2012 non-GAAP EPS to be between $4.05 and $4.07, at the low end of our previous outlook for the fiscal year. From a GAAP perspective, we expect our full year GAAP loss per share to be in the range of $2.23 to $2.25.

    We typically conduct an annual review of the carrying value of goodwill during the fourth quarter of each fiscal year. The factors considered in such a review include market conditions, the trading value of HP stock and the long-term outlook for the business. Any one of these factors, or any combination thereof, may require us to record in Q4 an additional impairment charge against the carrying values of goodwill in the HP portfolio. Our largest balance for goodwill is in the Software segment. Additionally, as is typical in these cases, there could be a true-up to the goodwill and related tax impact of the impairment charge we recorded in Q3 as we finalize the impairment. We expect to provide an outlook for fiscal 2013 at the Security Analyst Meeting on October 3. Now I'll turn it back over to Meg.

    Margaret C. Whitman

    Thank you, Cathie. And operator, why don't we go right to question and answer?

    Question-and-Answer Session


    [Operator Instructions] Our first question comes from Ben Reitzes of Barclays.

    Benjamin A. Reitzes - Barclays Capital, Research Division

    I wanted to ask about printing. And you mentioned the channel inventory was really high. Obviously, it would seem that you overearned in the segment in the quarter. The Street consensus was looking for about 13.7 in terms of operating margins, and so maybe it overearned by $0.05, if the consensus would have been right, without the extra inventory and sales of those supplies. I was wondering if that analysis makes any sense and what the earnings hit will be in the future when you do finally pull back that inventory? And how should we look at it?

    Margaret C. Whitman

    So Ben, let me talk first a little bit more broadly about our margins in IPG. So while we continue to face headwinds of lower volumes and the impact from the Japanese yen on our cost structure, the year-over-year increase in margins was really driven by 3 things. The first is that in Q3 '11, we were dealing with the tragic impact of the tsunami. And as a result of trying to get parts and products out the door, we incurred significant additional costs that we talked about at the time. Obviously, that didn't happen in Q3 '12. We also had improved hardware margins generally due to the higher mix of higher-value units. And also, a lower mix of inkjet hardware. So those are what contributed to the year-over-year. From a sequential perspective, what you saw was again a higher mix of higher-value units as well as higher margins in toner -- on toner. When you think about kind of going forward and thinking about margins, you have to take into consideration the challenging demand environment that we expect will continue, as well as competitive pricing. The yen will remain quite strong on a year-over-year basis. And then in Q3, kind of to your point, we did end with higher channel inventories than the underlying demand would suggest, and that was especially true for ink supplies. What we need to do in that space is continue to focus on channel inventory. The sellout in the last couple of weeks of July fell off a bit more than what we had expected, and we ended up with more than we intended. In terms of the actual math and the fence that you came up with, my math would suggest a lower delta as a result of the channel inventory.


    Our next question comes from Bill Shope of Goldman Sachs.

    Bill C. Shope - Goldman Sachs Group Inc., Research Division

    Given the comments you made about being aggressive in PCs, the channel inventory issues you have there now and some of the promotional programs you talked about in the coming quarter, how should we think about the near-term trajectory for operating margins and ASPs in PSG? Obviously, we saw some pressure this quarter on the operating margin line, but my sense is that your commentary's telling us that things could get a lot worse in that respect.

    Margaret C. Whitman

    Again, maybe perspective on what drove the margins this quarter will help inform kind of how you think about it going forward. The operating margins for PSG this quarter was 4.7%. So while it was down year-on-year, it is still very much in the range that we've been targeting for some time. The bridge from -- on a year-over-year basis includes items like the volume, currency. And to some extent, obviously, commodity prices were also unfavorable. Now this was partially offset by favorable warranty and logistics costs. When we look out at commodity prices into Q4, we would say that LCDs and DRAM prices are going to be up slightly quarter-on-quarter, so there will be additional prices from a quarter-on-quarter perspective. We do expect the demand environment to remain challenging and the pricing to remain competitive. Let me just give you a little perspective on our strategy for our PC business because I think that can help shape your thinking about where margins will go. So first is we are focused on profitable growth and continuing to deliver very strong return on invested capital in this business. But we are under attack by very strong competitive pressures, and we're going to respond. And what we're -- how we're responding is really 3 parts. One is product lineup. I think we have among the best product lineup we've had in the PC business for a long time: a host of thin and light ultrabooks, a Windows 8 tablet for the enterprise. Two, sort of tablet, if you will, tablet combined with laptops for the consumer space. And we've also done a lot of work on our cost structure. One of the benefits of putting IPG and PSG together is we have a much more seamless go-to-market. We have -- we see very good opportunities for freight, logistics, supply chain. And we have got to make sure that our cost structure allows us to compete effectively because we're going to defend our #1 position in this business.


    Toni Sacconaghi at Sanford Bernstein is online with a question.

    A.M. Sacconaghi - Sanford C. Bernstein & Co., LLC., Research Division

    I wanted to follow up on the comments that you made about channel inventories in both PC and printing. So perhaps you can tell us where absolute levels of channel inventory are for hardware and supplies on the printing side and how that changed sequentially. And similarly, on the IPG side, where are -- excuse me, on the PC side, where is inventory? And given the launch of Windows 8 at the very end of your fiscal Q4, how should we be thinking about inventory changes in both PCs and IPG, quite frankly, over the next 1 to 2 quarters?

    Margaret C. Whitman

    Thanks, Toni. Let me start. In terms of channel inventory for IPG, on an absolute dollar basis, they're down. What we have -- the impact that we have is really a denominator effect, and that's why I talked a little bit about the fact that sell-throughs softened in the second half of July, because that is what ended up driving weeks of supply higher than our acceptable ranges, but the dollars were down on an absolute basis. And really, where we saw weak demand was predominantly in Europe and Asia, and that impacted the sell-through in Q3 and obviously hampered our efforts to reduce the channel inventory. The channel inventory is more problematic in the supplies area and not in the hardware area for IPG. For PSG, the channel inventory challenges -- overall, the channel inventory is within our acceptable ranges. But where we saw a pop-up was in the consumer space. And so we've got some work to do on that end.

    A.M. Sacconaghi - Sanford C. Bernstein & Co., LLC., Research Division

    Okay. And if I could just follow up. If your IPG absolute inventory is down seasonally, IPG is always up in Q4. So that would suggest on a look-forward basis, unless you're expecting a dramatic decline in IPG revenues, you actually should be in better shape. So perhaps you can help us understand how supplies inventory, particularly on the consumer side, changed sequentially in terms of number of weeks. Because from the information you've given us, it actually sounds like your weeks of forward-looking inventory should be better, unless you're expecting something cataclysmic on the demand side. And similarly, on the PSG side, maybe you can help us understand where a number of weeks of consumer inventory went.

    Margaret C. Whitman

    So Toni, we are not expecting anything cataclysmic on the demand side in Q4, and we will continue to work on bringing down our channel inventory levels for supplies in the fourth quarter, as well as we're focused on bringing down the consumer channel inventory in PSG.


    Katy Huberty of Morgan Stanley is online with a question.

    Kathryn L. Huberty - Morgan Stanley, Research Division

    Similar to your comments in the week -- last few weeks of July in IPG business, can you comment on linearity in the other businesses? And do you at all prescribe to the Cisco commentary that there were some signs of stabilization or improvement in the month of July in the Enterprise business?

    Margaret C. Whitman

    Except for the comments that I've made with respect to the sellout in the second half of July, we don't have a significant linearity difference. What we would probably say is that the entire quarter was fairly weak.


    Okay, Keith Bachman of Bank of Montreal, online with a question.

    Keith F. Bachman - BMO Capital Markets U.S.

    Yes, I was hoping you could talk a little bit about what you think the revenue trends would be in the division. You've talked about IPG and the PC division. But if you could just talk a little bit more about HP in total relative to normal seasonality in October and specifically with the enterprise systems and Software division as well in that overall context, please?

    Catherine A. Lesjak

    So I think when you think about -- I'll talk broadly about the Q4 guidance, if you don't mind. Several key considerations that drive the Q4 guidance are really related to revenue. And in fact, at some level for me, it begins and ends with revenue.

    Keith F. Bachman - BMO Capital Markets U.S.

    Yes, sorry, Cathie. I was referring to revenue.

    Catherine A. Lesjak

    Yes, I know. The macro softer than what we had expected in Q3, and we don't expect that to get better in Q4. So that's going to drive year-over-year revenue declines in Q4. We also felt -- we expect to see well-below-normal seasonality when you go from Q3 to Q4 in revenue. And that's driven by macro, it's driven by a very competitive pricing environment, but it's also due to HP-specific issues, which range from the Oracle Itanium situation, our challenge in getting our software license growth where it needs to be, as well as choices that we're making when you think about focusing on services that have better margins and are more strategic for us. And then also, one of the things that Meg mentioned which I think is important is that the realignment of our sales force, while in the short term is creating some revenue challenges, has a great long-term payback. So that's kind of part of what's going on with revenues that we just talked about, the fact that channel inventory is also a bit of a headwind from Q3 to Q4 as well, because of the [indiscernible] underlying demand. So the way I think about it, the reason why I think revenue is the beginning and the end, because we are maniacally focused on cost reduction, and we are going to get the benefits from the restructuring charge that we've announced and we're well on our way. The top line headwinds are limiting our ability to expand operating margins.

    Keith F. Bachman - BMO Capital Markets U.S.

    Cathie, is there any quantification you could provide to the sequential revenue trends on a consolidated basis? Will, in fact, it be up sequentially from the July numbers? Or any kind of quantification?

    Catherine A. Lesjak

    So the normal seasonality is that it would grow from Q3 to Q4, and we expect it will grow. It's just going to grow well behind normal seasonal trends.


    Aaron Rakers of Stifel, Nicolaus is online with a question.

    Aaron C. Rakers - Stifel, Nicolaus & Co., Inc., Research Division

    Questions on the Services -- or server side of the business, particularly in the x86 servers side. You talked about broad-based weakness there. You also kind of hinted at a faster Gen8 cycle. Maybe you could give us some insight into what you're seeing competitively and also from a demand perspective. And any color on where we stand with regard to the Gen8 product cycle? I believe your closest competitors talked about 50% of their business now being on the latest platforms.

    Margaret C. Whitman

    Yes, let me take that. It's Meg. So our Industry Standard Servers business, I'd tell you where we have made the most progress is actually in hyperscale. And we are improving that business, and we have some real business model innovation that's absolutely required to compete in that business. We're working on our cost structure. We've got modular shared architecture. And I think we're getting a lot better at this business. And I think we can win in this business and win profitably. Right now, that is dilutive. The hyperscale business is dilutive to our overall ISS margins, and we need to move that up a bit over time. It will always be a slightly lower margin, but we can do better. I will say we are seeing still some weakness in mainstream ISS, and we've got an action plan in place around our sales efforts, around our R&D efforts to make sure that we don't continue to lose ground in that business. It's a very important business for HP and deeply focused on sort of changing the trajectory of that business.

    Aaron C. Rakers - Stifel, Nicolaus & Co., Inc., Research Division

    And can I follow up? How much is hyperscale of that business today? Is it fairly small? Or any color there would be helpful.

    Margaret C. Whitman

    It's -- well, I don't know what your definition of small is, but I would say it's relatively small but growing rapidly. And it's where all the growth in the market is. The mainstream server business is probably declining in low single digits. The blade business is still growing reasonably well. But real growth in the business is in hyperscale, and we're making a concerted effort there with, I think, quite good results so far.


    Brian Alexander of Raymond James, online with a question.

    Brian G. Alexander - Raymond James & Associates, Inc., Research Division

    Cathie, should we think about the $8 billion goodwill write-down in Services as a reflection of past deterioration in profitability? Or is that perhaps a precursor of future profit erosion? I wasn't clear based on your comments. And if you can update us on the 10% to 12% margin target in Services and if that's still applicable going forward.

    Catherine A. Lesjak

    Okay. So let's start with the 10% to 12% margins. That is what we are reconfirming for fiscal '12. And then in terms of the impairment of the Services segment, you really have to look at the fact that there's a number of different factors that drive that, things like the trading value of HP stock plays a role, as well as the market conditions and the business trends within the Services segment. Our view is that the goodwill impairment charge doesn't result in any -- I'm sorry, I can't talk -- future cash expenditures or otherwise affect the ongoing business or financial performance of the Services segment.

    Margaret C. Whitman

    Yes, let me add a point of view on Enterprise Services. I think I've said from the very beginning of my tenure at HP that this was a business that was in need of a turnaround. And after watching and working closely with the group over the first 9 months, I decided that we were not making progress fast enough in terms of the turnaround and so decided to make a leadership change. But here's the things that we need to do to fundamentally get this business on a better track. First is, we've got to change the accountability model. Somewhere along the line, the account basis of accountability with the account leader got diffused across the organization. And in the end, the person who leads these accounts needs to be in charge, have control of revenue and control of the costs. We then need to shift the business mix from some of the low-end services that, frankly, EDS was founded on to where we want to be, which is profitable ITO, the Strategic Enterprise Services, in cloud, in security, in information optimization. And over time, that will shift the margins in the way -- in a place that we want to be and will frankly add a lot more value to our customers, which will in turn allow us to sell in more hardware and other products into those very important top 200 accounts that account for a big chunk of that revenue. So we're on a journey here. I feel more confident today about the pass forward in that business than I have any time in the last 12 months. But make no mistake about it, we've got a little ways to go here.

    Brian G. Alexander - Raymond James & Associates, Inc., Research Division

    And just a quick follow-up on the accelerated headcount for Q4, Cathie. I come up with about a $0.03 benefit to EPS. I just wanted to confirm that.

    Catherine A. Lesjak

    So we haven't quantified that benefit. I think the best way to think about it is obviously, it's included in our guidance and that some of the benefit that we're getting from the restructuring activities is in fact going to counteract the top line headwinds we're seeing.


    Mark Moskowitz from JPMorgan is online with a question.

    Mark A Moskowitz - JP Morgan Chase & Co, Research Division

    Meg, I want to get a sense to your -- as we all talk about or think about growth and some of the challenges, both macro and structural and company specific. As we think about rolling forward to 2013, with the pace of reinvestment in terms of taking HP where you want it to be, would that require EPS to actually maybe decline year-over-year in 2013 because of these reinvestments?

    Margaret C. Whitman

    So we will give our fiscal year '13 guidance at our Security Analyst Meeting in the first part of October. And so we'll be quite precise at that point. Let me just sort of elevate all the way back up here and just try to give you some perspective on the situation that I see at HP now, having been here nearly a year. So first is, we are facing some macroeconomic trends, Western Europe, the United States, China and the consumer broadly. From an industry perspective, we've got changes where tablets is a growing part of the consumer device business; we've got some challenges around consumer printing; and we've got pricing pressure across-the-board, which means we need to adjust our cost structure to be able to compete. Sometimes, folks say to me, "Well, I'm sure the competitor's losing money." Well, actually, they aren't. And we need to make sure that we have a cost structure that allows us to be successful in all parts of the world in all of our businesses. And then we've got some execution challenges. And HP had some very serious challenges and headwinds when I first got here. And we've made progress on many things, but there are still some very serious execution issues in this business, and whether that is improving sales and delivery in ES, whether that is getting the pipeline conversion to where it needs to be in Software, whether that is our ability to compete successfully in hyperscale, whether that is fixing the weak supplies, demand in IPG. I will say a minute about IPG. I think we set up a very crisp strategy after I've been here about 3 or 4 months. And by the way, I think that's part of the reason you're seeing some improvement in that business. But as the category leader, we are the acknowledged category leader here, and we've got some weakened competitors and we need to go after them. And we also need -- as the category leader, we need to grow the relevance of printing, which you've seen us begin to do in some of the advertising that we've done and explain the difference between our ink and reman ink and our toner and reman toner. And then lastly, sales, in my view, is not where it should be. I think we've done the right things in reorganizing sales management. I'm excited about that. But we've got to improve our aggressiveness. We've got improve our go-to-market. And we've just got to get a lot more aggressive and with a much more, shall I say, focused accountability model that we enforce on a day-to-day basis. So when we look at 2013, we're going to tumble all of the pluses and the minuses. We're going to put in the investments that we think are required, and yet we have to have a cost structure that allows us to win in the marketplace. So we'll have a crisp view of that by 2013. Let me say there's puts and takes.


    Maynard Um from Wells Fargo is online with a question.

    Maynard Joseph Um - Wells Fargo Securities, LLC, Research Division

    Meg, you talk about the tectonic plate shifts that are happening in the industry. But at the same time, you're obviously navigating some challenging HP-specific issues. Can you just talk about whether you think you can really focus on the longer term while you're still -- while you still have a lot of work to do over the near term? And then relative to your competitors, feel like they're any further along than HP at this point?

    Margaret C. Whitman

    So that's what we have to do, is we have to focus on the short term and we have to focus on the long term. Because if we don't focus on the long term, we will constantly be behind, but if we don't fix our short-term operations, we won't have the money to invest in the long term. So we have to do both, and it's a balancing act. I will say one of the things we are doing is we are looking through all the different things that we do at HP, and the portfolio is vast. I don't know if you had the chance to come to HP DISCOVER and see everything that HP did, but we are looking through all our different portfolios and saying, "Do we need to be doing this R&D? Do we need to be focused on this many products in this many segments of the market across 166 countries?" Because my deeply held belief is focus, focus, focus is going to be an important thing for us, so we are committed to the major businesses that we are in 100%. But behind the curtain, there's lots of smaller initiatives that I think we can take those resources and get more bang for the buck by really investing behind some of our best growth opportunities. So that's part of the way we're going to solve our near-term problems and, at the same time, free up the capacity to invest in the long term, along with, of course, our restructuring program. So it's complicated, there's no question about it. But I feel like we're much further along on that journey than we were, say, 9 or 10 months ago.

    Maynard Joseph Um - Wells Fargo Securities, LLC, Research Division

    If I could just follow up. Does that imply then that some of the -- that you -- we could see some smaller divestitures from HP and not necessarily the large ones that people have talked about in the past about some of the sort of noncore assets?

    Margaret C. Whitman

    No, they wouldn't be big divestitures by any stretch of the imagination, but we have lots of little initiatives buried throughout this company. And some of them we may just shut down if they are organic R&D. Some of them there may be a salable asset there. But these are not big-dollar items. They're just going to let us focus and let us put the resources where we're going to get the best returns.

    Catherine A. Lesjak

    I think the way to think about it is that we're stepping that up because we have had small divestitures kind of off and on over the last number of years. This is just a much more focused attention. To Meg's point, we need to focus more, not less.


    Our next question comes from Kulbinder Garcha of Credit Suisse.

    Kulbinder Garcha - Crédit Suisse AG, Research Division

    I have a question for, I guess, Cathie on free cash flow. It looks, Cathie, like this year, HP will probably do maybe $5 billion of free cash flow, which is meaningfully down year-on-year. But can you just remind us what the exceptional, let's say, onetime cash items may have been this year? I'm just thinking, if this is the rate of cash that HP can generate to repair your balance sheet and really start meaningfully giving cash back to shareholders or accelerate it, it may take 2 more years from where we are now.

    Catherine A. Lesjak

    Sure. So first off, I think that a high point for this quarter is the cash flow that we generated. We generated $2.8 billion of cash flow, free cash flow $2.1 billion. We were able to improve our net debt position at the company level by more than $1.5 billion this quarter at the same time that we reduced the shares outstanding by roughly 17 million shares. And we increased our dividend 10%. So we paid dividends of $260 million. So I do think that we're making progress there. If you look at what the meaningful headwinds were to cash flow for this year compared to last year, earnings has to be #1. We have also had cash conversion cycle. I'll also tell you I think it was a positive point in this quarter around our cash conversion cycle. Last quarter, I told you that we needed to pay attention to it and really focus on it, that we weren't happy with the results. And quarter-on-quarter, we improved a day. We've got more work to do. It'll take us into -- through Q4 and into '13 to get back to historical levels, but we're deeply focused on the cash conversion cycle as well.


    Shannon Cross of Cross Research is online with a question.

    Shannon S. Cross - Cross Research LLC

    Can you talk a bit about what you're seeing in China? I mean, we heard pretty negative commentary out of Dell yesterday. Clearly, you had some pressure in the region as well, but not just for PCs but also within printers. And then any other services and products that you provide in the -- into that market? And also from a vertical standpoint because it sounds like public may be slowing there, I don't know. Just any color you can give would be very helpful.

    Margaret C. Whitman

    Yes, sure. Well, let me elevate too the BRIC countries because actually, Russia and India were good performers for us. Brazil was sort of medium to mixed, and China was not as strong as we would have liked. And there's challenges across-the-board there. We are rebuilding from, as you will recall, a whole series of incidents that hurt HP disproportionately to our competitors there. So we are building -- rebuilding first our leadership in China. We have almost an entirely new team across-the-board in China, and I'm very confident in their abilities. I like them very much. They know what's going on. They're experienced hands. Second, we are building -- rebuilding the channel in China for both PCs as well as printers. This is actually one of the benefits of putting these 2 businesses together because as we build the channel in China, there's a lot more to offer a channel partner. And then we are also rebuilding the channel with ESSN, our Server, Storage and Networking. A bright spot, of course, is our Networking business in China where we have a very significant market share that did very well during the quarter. But we see economic slowdown in China. The reported growth rates, many people say "Geez, I'm not sure that the reported growth rates are actually what we're seeing on the ground," and I would agree with that. And at the same time, I think we can improve our execution in China. And you've got a regime change that will happen there as well, and I think there's a bit of -- what I've seen in the business community there is: "Let's wait and see what happens there," and "What is the public sector spending going to look like?," "What is the Chinese stimulus program going to look like," which will drive public sector sales.

    Rob Binns

    Okay, great. Thanks for that question, Shannon. And with that, ladies and gentlemen, I think we can conclude the call for today. Thank you very much.

    Margaret C. Whitman

    Thank you very much.


    Thank you for participating in the Third Quarter 2012 Hewlett-Packard Earnings Conference Call. This concludes today's conference. You may now disconnect.

    Copyright policy: All transcripts on this site are the copyright of Seeking Alpha. However, we view them as an important resource for bloggers and journalists, and are excited to contribute to the democratization of financial information on the Internet. (Until now investors have had to pay thousands of dollars in subscription fees for transcripts.) So our reproduction policy is as follows: You may quote up to 400 words of any transcript on the condition that you attribute the transcript to Seeking Alpha and either link to the original transcript or to www.SeekingAlpha.com. All other use is prohibited.


    If you have any additional questions about our online transcripts, please contact us at: transcripts@seekingalpha.com . Thank you!

    More From Seeking Alpha

    Direct Download of over 5500 Certification Exams

    3COM [8 Certification Exam(s) ]
    AccessData [1 Certification Exam(s) ]
    ACFE [1 Certification Exam(s) ]
    ACI [3 Certification Exam(s) ]
    Acme-Packet [1 Certification Exam(s) ]
    ACSM [4 Certification Exam(s) ]
    ACT [1 Certification Exam(s) ]
    Admission-Tests [13 Certification Exam(s) ]
    ADOBE [93 Certification Exam(s) ]
    AFP [1 Certification Exam(s) ]
    AICPA [2 Certification Exam(s) ]
    AIIM [1 Certification Exam(s) ]
    Alcatel-Lucent [13 Certification Exam(s) ]
    Alfresco [1 Certification Exam(s) ]
    Altiris [3 Certification Exam(s) ]
    Amazon [2 Certification Exam(s) ]
    American-College [2 Certification Exam(s) ]
    Android [4 Certification Exam(s) ]
    APA [1 Certification Exam(s) ]
    APC [2 Certification Exam(s) ]
    APICS [2 Certification Exam(s) ]
    Apple [69 Certification Exam(s) ]
    AppSense [1 Certification Exam(s) ]
    APTUSC [1 Certification Exam(s) ]
    Arizona-Education [1 Certification Exam(s) ]
    ARM [1 Certification Exam(s) ]
    Aruba [6 Certification Exam(s) ]
    ASIS [2 Certification Exam(s) ]
    ASQ [3 Certification Exam(s) ]
    ASTQB [8 Certification Exam(s) ]
    Autodesk [2 Certification Exam(s) ]
    Avaya [96 Certification Exam(s) ]
    AXELOS [1 Certification Exam(s) ]
    Axis [1 Certification Exam(s) ]
    Banking [1 Certification Exam(s) ]
    BEA [5 Certification Exam(s) ]
    BICSI [2 Certification Exam(s) ]
    BlackBerry [17 Certification Exam(s) ]
    BlueCoat [2 Certification Exam(s) ]
    Brocade [4 Certification Exam(s) ]
    Business-Objects [11 Certification Exam(s) ]
    Business-Tests [4 Certification Exam(s) ]
    CA-Technologies [21 Certification Exam(s) ]
    Certification-Board [10 Certification Exam(s) ]
    Certiport [3 Certification Exam(s) ]
    CheckPoint [41 Certification Exam(s) ]
    CIDQ [1 Certification Exam(s) ]
    CIPS [4 Certification Exam(s) ]
    Cisco [318 Certification Exam(s) ]
    Citrix [48 Certification Exam(s) ]
    CIW [18 Certification Exam(s) ]
    Cloudera [10 Certification Exam(s) ]
    Cognos [19 Certification Exam(s) ]
    College-Board [2 Certification Exam(s) ]
    CompTIA [76 Certification Exam(s) ]
    ComputerAssociates [6 Certification Exam(s) ]
    Consultant [2 Certification Exam(s) ]
    Counselor [4 Certification Exam(s) ]
    CPP-Institue [2 Certification Exam(s) ]
    CPP-Institute [1 Certification Exam(s) ]
    CSP [1 Certification Exam(s) ]
    CWNA [1 Certification Exam(s) ]
    CWNP [13 Certification Exam(s) ]
    Dassault [2 Certification Exam(s) ]
    DELL [9 Certification Exam(s) ]
    DMI [1 Certification Exam(s) ]
    DRI [1 Certification Exam(s) ]
    ECCouncil [21 Certification Exam(s) ]
    ECDL [1 Certification Exam(s) ]
    EMC [129 Certification Exam(s) ]
    Enterasys [13 Certification Exam(s) ]
    Ericsson [5 Certification Exam(s) ]
    ESPA [1 Certification Exam(s) ]
    Esri [2 Certification Exam(s) ]
    ExamExpress [15 Certification Exam(s) ]
    Exin [40 Certification Exam(s) ]
    ExtremeNetworks [3 Certification Exam(s) ]
    F5-Networks [20 Certification Exam(s) ]
    FCTC [2 Certification Exam(s) ]
    Filemaker [9 Certification Exam(s) ]
    Financial [36 Certification Exam(s) ]
    Food [4 Certification Exam(s) ]
    Fortinet [13 Certification Exam(s) ]
    Foundry [6 Certification Exam(s) ]
    FSMTB [1 Certification Exam(s) ]
    Fujitsu [2 Certification Exam(s) ]
    GAQM [9 Certification Exam(s) ]
    Genesys [4 Certification Exam(s) ]
    GIAC [15 Certification Exam(s) ]
    Google [4 Certification Exam(s) ]
    GuidanceSoftware [2 Certification Exam(s) ]
    H3C [1 Certification Exam(s) ]
    HDI [9 Certification Exam(s) ]
    Healthcare [3 Certification Exam(s) ]
    HIPAA [2 Certification Exam(s) ]
    Hitachi [30 Certification Exam(s) ]
    Hortonworks [4 Certification Exam(s) ]
    Hospitality [2 Certification Exam(s) ]
    HP [750 Certification Exam(s) ]
    HR [4 Certification Exam(s) ]
    HRCI [1 Certification Exam(s) ]
    Huawei [21 Certification Exam(s) ]
    Hyperion [10 Certification Exam(s) ]
    IAAP [1 Certification Exam(s) ]
    IAHCSMM [1 Certification Exam(s) ]
    IBM [1532 Certification Exam(s) ]
    IBQH [1 Certification Exam(s) ]
    ICAI [1 Certification Exam(s) ]
    ICDL [6 Certification Exam(s) ]
    IEEE [1 Certification Exam(s) ]
    IELTS [1 Certification Exam(s) ]
    IFPUG [1 Certification Exam(s) ]
    IIA [3 Certification Exam(s) ]
    IIBA [2 Certification Exam(s) ]
    IISFA [1 Certification Exam(s) ]
    Intel [2 Certification Exam(s) ]
    IQN [1 Certification Exam(s) ]
    IRS [1 Certification Exam(s) ]
    ISA [1 Certification Exam(s) ]
    ISACA [4 Certification Exam(s) ]
    ISC2 [6 Certification Exam(s) ]
    ISEB [24 Certification Exam(s) ]
    Isilon [4 Certification Exam(s) ]
    ISM [6 Certification Exam(s) ]
    iSQI [7 Certification Exam(s) ]
    ITEC [1 Certification Exam(s) ]
    Juniper [64 Certification Exam(s) ]
    LEED [1 Certification Exam(s) ]
    Legato [5 Certification Exam(s) ]
    Liferay [1 Certification Exam(s) ]
    Logical-Operations [1 Certification Exam(s) ]
    Lotus [66 Certification Exam(s) ]
    LPI [24 Certification Exam(s) ]
    LSI [3 Certification Exam(s) ]
    Magento [3 Certification Exam(s) ]
    Maintenance [2 Certification Exam(s) ]
    McAfee [8 Certification Exam(s) ]
    McData [3 Certification Exam(s) ]
    Medical [69 Certification Exam(s) ]
    Microsoft [374 Certification Exam(s) ]
    Mile2 [3 Certification Exam(s) ]
    Military [1 Certification Exam(s) ]
    Misc [1 Certification Exam(s) ]
    Motorola [7 Certification Exam(s) ]
    mySQL [4 Certification Exam(s) ]
    NBSTSA [1 Certification Exam(s) ]
    NCEES [2 Certification Exam(s) ]
    NCIDQ [1 Certification Exam(s) ]
    NCLEX [2 Certification Exam(s) ]
    Network-General [12 Certification Exam(s) ]
    NetworkAppliance [39 Certification Exam(s) ]
    NI [1 Certification Exam(s) ]
    NIELIT [1 Certification Exam(s) ]
    Nokia [6 Certification Exam(s) ]
    Nortel [130 Certification Exam(s) ]
    Novell [37 Certification Exam(s) ]
    OMG [10 Certification Exam(s) ]
    Oracle [279 Certification Exam(s) ]
    P&C [2 Certification Exam(s) ]
    Palo-Alto [4 Certification Exam(s) ]
    PARCC [1 Certification Exam(s) ]
    PayPal [1 Certification Exam(s) ]
    Pegasystems [12 Certification Exam(s) ]
    PEOPLECERT [4 Certification Exam(s) ]
    PMI [15 Certification Exam(s) ]
    Polycom [2 Certification Exam(s) ]
    PostgreSQL-CE [1 Certification Exam(s) ]
    Prince2 [6 Certification Exam(s) ]
    PRMIA [1 Certification Exam(s) ]
    PsychCorp [1 Certification Exam(s) ]
    PTCB [2 Certification Exam(s) ]
    QAI [1 Certification Exam(s) ]
    QlikView [1 Certification Exam(s) ]
    Quality-Assurance [7 Certification Exam(s) ]
    RACC [1 Certification Exam(s) ]
    Real-Estate [1 Certification Exam(s) ]
    RedHat [8 Certification Exam(s) ]
    RES [5 Certification Exam(s) ]
    Riverbed [8 Certification Exam(s) ]
    RSA [15 Certification Exam(s) ]
    Sair [8 Certification Exam(s) ]
    Salesforce [5 Certification Exam(s) ]
    SANS [1 Certification Exam(s) ]
    SAP [98 Certification Exam(s) ]
    SASInstitute [15 Certification Exam(s) ]
    SAT [1 Certification Exam(s) ]
    SCO [10 Certification Exam(s) ]
    SCP [6 Certification Exam(s) ]
    SDI [3 Certification Exam(s) ]
    See-Beyond [1 Certification Exam(s) ]
    Siemens [1 Certification Exam(s) ]
    Snia [7 Certification Exam(s) ]
    SOA [15 Certification Exam(s) ]
    Social-Work-Board [4 Certification Exam(s) ]
    SpringSource [1 Certification Exam(s) ]
    SUN [63 Certification Exam(s) ]
    SUSE [1 Certification Exam(s) ]
    Sybase [17 Certification Exam(s) ]
    Symantec [134 Certification Exam(s) ]
    Teacher-Certification [4 Certification Exam(s) ]
    The-Open-Group [8 Certification Exam(s) ]
    TIA [3 Certification Exam(s) ]
    Tibco [18 Certification Exam(s) ]
    Trainers [3 Certification Exam(s) ]
    Trend [1 Certification Exam(s) ]
    TruSecure [1 Certification Exam(s) ]
    USMLE [1 Certification Exam(s) ]
    VCE [6 Certification Exam(s) ]
    Veeam [2 Certification Exam(s) ]
    Veritas [33 Certification Exam(s) ]
    Vmware [58 Certification Exam(s) ]
    Wonderlic [2 Certification Exam(s) ]
    Worldatwork [2 Certification Exam(s) ]
    XML-Master [3 Certification Exam(s) ]
    Zend [6 Certification Exam(s) ]

    References :

    Dropmark : http://killexams.dropmark.com/367904/11998171
    Dropmark-Text : http://killexams.dropmark.com/367904/12914709
    Blogspot : http://killexamsbraindump.blogspot.com/2018/01/free-pass4sure-hp2-q06-question-bank.html
    Wordpress : https://wp.me/p7SJ6L-2tZ
    Box.net : https://app.box.com/s/mcbsx8lv8gvw1q8736bw38bxiid6vx8c

    Back to Main Page

    HP HP2-Q06 Exam (Selling HP BCS Solutions) Detailed Information


    Pass4sure Certification Exam Study Notes
    Pass4sure Study Guides and Exam Simulator - shadowNET
    Killexams Study Guides and Exam Simulator - simepe.com.br
    Download Hottest Pass4sure Certification Exams - CSCPK
    Complete Pass4Sure Collection of Exams - BDlisting
    Latest Exam Questions and Answers - Ewerton.me
    Here you will find Real Exam Questions and Answers of every exam - dinhvihaiphong.net
    Practice questions and Cheat Sheets for Certification Exams at linuselfberg
    Study Guides, Practice questions and Cheat Sheets for Certification Exams at brondby
    Study Guides, Study Tools and Cheat Sheets for Certification Exams at assilksel.com
    Study Guides, Study Tools and Cheat Sheets for Certification Exams at brainsandgames
    Study notes to cover complete exam syllabus - crazycatladies
    Study notes, boot camp and real exam Q&A to cover complete exam syllabus - brothelowner.com
    Study notes to cover complete exam syllabus - Killexams.com
    Study Guides, Practice Exams, Questions and Answers - cederfeldt
    Study Guides, Practice Exams, Questions and Answers - chewtoysforpets
    Study Guides, Practice Exams, Questions and Answers - Cogo
    Study Guides, Practice Exams, Questions and Answers - cozashop
    Study Guides, Study Notes, Practice Test, Questions and Answers - cscentral
    Study Notes, Practice Test, Questions and Answers - diamondlabeling
    Syllabus, Study Notes, Practice Test, Questions and Answers - diamondfp
    Updated Syllabus, Study Notes, Practice Test, Questions and Answers - freshfilter.cl
    New Syllabus, Study Notes, Practice Test, Questions and Answers - ganeshdelvescovo.eu
    Syllabus, Study Notes, Practice Test, Questions and Answers - ganowebdesign.com
    Study Guides, Practice Exams, Questions and Answers - Gimlab
    Latest Study Guides, Practice Exams, Real Questions and Answers - GisPakistan
    Latest Study Guides, Practice Exams, Real Questions and Answers - Health.medicbob
    Killexams Certification Training, Q&A, Dumps - kamerainstallation.se
    Killexams Syllabus, Killexams Study Notes, Killexams Practice Test, Questions and Answers - komsilanbeagle.info
    Pass4sure Brain Dump, Study Notes, Pass4sure Practice Test, Killexams Questions and Answers - levantoupoeira
    Pass4sure Braindumps, Study Notes, Pass4sure Practice Test, Killexams Questions and Answers - mad-exploits.net
    Pass4sure Braindumps, Study Notes, Pass4sure Practice Test, Killexams Questions and Answers - manderije.nl
    Pass4sure study guides, Braindumps, Study Notes, Pass4sure Practice Test, Killexams Questions and Answers - manderije.nl
    Pass4sure Exams List - mida12.com.br
    Braindumps and Pass4sure Exams Download Links - milehighmattress
    Exams Study Guides Download Links - morganstudioonline
    Study Guides Download Links - n1estudios.com
    Pass4sure Study Guides Download Links - netclique.pt
    Killexams Exams Download Links - nrnireland.org
    Study Guides Download Links - partillerocken.com
    Certification Exams Download Links - pixelcoding
    Certificaiton Exam Braindumps Download Links - porumbeinunta
    Brain Dumps and Study Guides Links - prematurisinasce.it
    Pass4sure Brain Dumps - nicksmagic.com
    Quesitons and Answers - recuperacion-disco-duro.com
    Exam Questions and Answers with Simulator - redwest.se
    Study Guides and Exam Simulator - sarkic.com
    Pass4sure Study Guides and Exam Simulator - shadowNET
    Killexams Study Guides and Exam Simulator - simepe.com.br
    Killexams Study Guides and Exam Simulator - skinlove.nl
    Pass4Sure Study Guides and Exam Simulator - marinedubai.com/
    Pass4Sure QA and Exam Simulator - brandtsleeper/
    Pass4Sure Q&A and Exam Simulator - risingeagleproductions/
    VCE examcollection and Exam Simulator - starvinmarv/
    Collection of Certification Exam Study Guides - studyguidecourses

    www.pass4surez.com, (c) 2017-2018