HP 2014 Annual Report Download - page 11

Forward-Looking Statements
This Annual Report on Form 10-K, including ‘‘Management’s Discussion and Analysis of Financial
Condition and Results of Operations’’ in Item 7, contains forward-looking statements that involve risks,
uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove
incorrect, the results of Hewlett-Packard Company and its consolidated subsidiaries (‘‘HP’’) may differ
materially from those expressed or implied by such forward-looking statements and assumptions. All
statements other than statements of historical fact are statements that could be deemed forward-looking
statements, including but not limited to any projections of revenue, margins, expenses, effective tax rates, net
earnings, net earnings per share, cash flows, benefit plan funding, share repurchases, currency exchange rates
or other financial items; any projections of the amount, timing or impact of cost savings or restructuring
charges; any statements of the plans, strategies and objectives of management for future operations,
including the previously announced separation transaction and the future performances of the post-
separation companies if the separation is completed, as well as the execution of restructuring plans and any
resulting cost savings or revenue or profitability improvements; any statements concerning the expected
development, performance, market share or competitive performance relating to products or services; any
statements regarding current or future macroeconomic trends or events and the impact of those trends and
events on HP and its financial performance; any statements regarding pending investigations, claims or
disputes; any statements of expectation or belief; and any statements of assumptions underlying any of the
foregoing. Risks, uncertainties and assumptions include the need to address the many challenges facing HP’s
businesses; the competitive pressures faced by HP’s businesses; risks associated with executing HP’s strategy,
including the planned separation transaction; the impact of macroeconomic and geopolitical trends and
events; the need to manage third-party suppliers and the distribution of HP’s products and the delivery of
HP’s services effectively; the protection of HP’s intellectual property assets, including intellectual property
licensed from third parties; risks associated with HP’s international operations; the development and
transition of new products and services and the enhancement of existing products and services to meet
customer needs and respond to emerging technological trends; the execution and performance of contracts
by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees;
integration and other risks associated with business combination and investment transactions; the execution,
timing and results of the separation transaction or restructuring plans, including estimates and assumptions
related to the cost (including any possible disruption of HP’s business) and the anticipated benefits of
implementing the separation transaction and restructuring plans; the resolution of pending investigations,
claims and disputes; and other risks that are described herein, including but not limited to the items
discussed in ‘‘Risk Factors’’ in Item 1A of Part I of this report and that are otherwise described or updated
from time to time in HP’s Securities and Exchange Commission reports. HP assumes no obligation and
does not intend to update these forward-looking statements.
PART I
ITEM 1. Business.
We are a leading global provider of products, technologies, software, solutions and services to
individual consumers, small- and medium-sized businesses (‘‘SMBs’’) and large enterprises, including
customers in the government, health and education sectors. Our offerings span the following:
• personal computing and other access devices;
• imaging- and printing-related products and services;
• enterprise information technology (‘‘IT’’) infrastructure, including enterprise server and storage
technology, networking products and solutions, technology support and maintenance;
• multi-vendor customer services, including technology consulting, outsourcing and support services
across infrastructure, applications and business process domains; and
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