HP CEO Whitman: 10 Take-Aways From Q4 Earnings

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Enterprise Group Sales Growth

In the Enterprise Group we saw revenue growth of 2 percent, the first time we have grown revenue in eight quarters. We saw improved sales execution, a strong hyper-scale quarter, and stabilization in blades complemented by revenue growth in networking and storage.

We made significant leadership changes in the Enterprise Group. [Enterprise Group Executive Vice President] Bill Veghte [pictured] and his leadership team have hit the ground running, and the early signs are encouraging.

In servers we saw very strong growth in hyperscale over the prior year driven by several key wins, although this did put pressure on our margins in the quarter. Our blade business recovered as the benefits of our targeted segmentation and efforts to improve operational excellence paid off. We expect to gain over a point of share here and extend the market leadership position we have already held for 27 quarters.

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