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HP shows strong Q3, Integrity growth

HP posted its third quarter results this afternoon, numbers which show that the company's Business Critical servers such as HP Intergrity and HP 9000 servers are finally showing partity with the Industry Standard (Intel-based) servers.

Overall, HP reported net revenues of $21.9 billion, about 5 percent better sales than the same quarter of 2005. Profits were $1.5 billion for the period, up from $900 million in the last third quarter.

In the Enterprise Storage and Servers segment, BCS and ISS server sales were even at 20 percent of revenues. But BCS revenues fell 6 percent from last year's third quarter. Integrity sales rose by 76 percent from the same period last year, and now account for 38 percent of BCS revenues. PA-RISC based systems continue to outsell Integrity servers in the BCS lineup.

Imaging and Printing did not represent the greatest share of HP's sales mix in Q3, although the print group's operating profits were more than twice that of any other group. The Enterprise Storage and Servers group made a good profit showing at $296 million; the printer group posted $884 million in profits. Per dollar sold, printers and imaging remains HP's most profitable business. In Q3, supplies alone sold 9 percent more than the same 2005 quarter.