HP 2015 Annual Report Download - page 7

Table of Contents
consumed and paid for, they are demanding a foundation that will support much greater agility, lower cost, facilitate quicker time-to-market, and provide a
higher degree of accessibility by end-users to that technology. We design our solutions to provide that foundation, particularly in the areas of security, cloud,
mobility and big data, by leveraging the breadth of our offerings and the strengths and capabilities of our individual business units.
Our operations are organized into seven business segments: Personal Systems; Printing; the Enterprise Group ("EG"); Enterprise Services ("ES");
Software; HP Financial Services ("HPFS"); and Corporate Investments. As a result of the Separation, effective November 1, 2015 EG, ES, Software, HPFS and
certain parts of Corporate Investments are no longer reported in the continuing results of HP Inc. Personal Systems, Printing and the remaining parts of
Corporate Investments segments will be HP Inc.'s reportable segments.
In each of the past three fiscal years, notebook personal computers ("PCs"), printing supplies, infrastructure technology outsourcing services, desktop
PCs and industry standard servers ("ISS") each accounted for more than 10% of our consolidated net revenue.
The Personal Systems segment and the Printing segment are structured beneath a broader Printing and Personal Systems Group ("PPS"). While PPS is not
a reportable segment, we may provide financial data aggregating the Personal Systems and Printing segments to provide a supplementary view of its business.
A summary of our net revenue, earnings from operations and assets for our segments along with a description of our fiscal 2015 organizational
realignments can be found in Note 2 to the Consolidated Financial Statements in Item 8, which is incorporated herein by reference. A discussion of factors
potentially affecting our operations is set forth in "Risk Factors" in Item 1A, which is incorporated herein by reference.
Printing and Personal Systems Group
The mission of PPS is to leverage the respective strengths of the Personal Systems segment and the Printing segment by creating a unified business that is
customer-focused and poised to capitalize on rapidly shifting industry trends. Each of the business segments within PPS is described in detail below.
Personal Systems
Personal Systems provides commercial PCs, consumer PCs, workstations, thin client PCs, tablets, retail point-of-sale ("POS") systems, calculators and
other related accessories, software, support and services for the commercial and consumer markets. We group commercial notebooks, commercial desktops,
commercial tablets, workstations and thin clients into commercial clients and consumer notebooks and consumer desktops into consumer clients when
describing performance in these markets. Both commercial and consumer PCs and tablets are based predominately on Microsoft Windows operating systems
and use processors from Intel Corporation ("Intel") and Advanced Micro Devices, Inc. ("AMD"). Personal Systems also maintains a multi-operating system,
multi-architecture strategy using the Google Chrome and Android operating systems for notebooks and tablets, respectively.
 Commercial PCs are optimized for use by customers including enterprise and SMB customers, and for connectivity, reliability and
manageability in networked environments. Commercial PCs include the HP ProBook and HP EliteBook lines of notebooks and hybrids (detachable tablets),
the HP Pro and HP Elite lines of business desktops and all-in-ones, retail POS systems, HP Thin Clients, HP ElitePad and HP Pro Tablet PCs. Commercial PCs
also include workstations that are designed and optimized for high-performance and demanding application environments including Z desktop workstations,
Z all-in-ones and Z mobile workstations.
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Source: HP INC, 10-K, December 16, 2015 Powered by Morningstar® Document Research℠
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