HP CEO Whitman: 10 Take-Aways From Q4 Earnings

A Record Quarter For 3Par Storage

In storage I am very pleased with our progress. Total storage product revenue grew 1 percent year over year with good sequential growth. We saw another record 3Par quarter and are very encouraged by the strong customer acceptance we are seeing. As a result, converged storage product revenue grew 47 percent over the prior year. Revenue declines moderated in traditional storage driven by higher storage networking attach and sales of our recently refreshed entry products. With these results, we expect to once again gain share in the combined high-end and midrange [storage] markets.

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