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Killexams HP5-K03D Dumps | Pass4sure HP HP5-K03D braindumps that you should not miss - alphernet.com.au

HP5-K03D | Delta - Supporting and Servicing HP 3PAR StoreServ Solutions

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HP5-K03D - Delta - Supporting and Servicing HP 3PAR StoreServ Solutions - braindump

Vendor HP
Exam Number HP5-K03D
Exam Name Delta - Supporting and Servicing HP 3PAR StoreServ Solutions
Questions 30 Q & A
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Test Number : HP5-K03D
Test Name : Delta - Supporting and Servicing HP 3PAR StoreServ Solutions
Vendor Name : HP
Q&A : 30 Dumps Questions

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Delta - Supporting and Servicing HP 3PAR StoreServ Solutions book

Hewlett-Packard's CEO Discusses F1Q 2014 results - profits name Transcript | HP5-K03D Dumps and Real exam Questions with VCE Practice Test

Hewlett-Packard business (HPQ) F1Q2014 results salary convention name February 20, 2014 5:00 PM ET

good day, girls and gentlemen. Welcome to the first Quarter 2014 Hewlett-Packard earnings conference call. My name is Ellen, and that i will be your convention moderator for latest call.

at this time, all members are in a hear-most effective mode. We will be facilitating a query-and-answer session in opposition t the end of the conference. (Operator guidelines) As a reminder, this conference is being recorded for replay purposes.

i might now like to turn the presentation over to your host for state-of-the-art call, Mr. Rob Binns, vice chairman of Investor relations. Please proceed.

good afternoon. Welcome to our first quarter 2014 profits conference call, with Meg Whitman, HP's Chief govt Officer, and Cathie Lesjak, HP's Chief financial Officer.

earlier than handing the name over to Meg, let me remind you that this call is being webcast. A replay of the webcast will be made accessible almost immediately after the demand about 12 months.

Some tips offered right through this name might also consist of ahead-looking statements that involve dangers, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions show mistaken, the consequences of HP may additionally differ materially from these expressed or implied through such forward-looking statements.

All statements other than statements of historical information are statements that can be deemed ahead-looking statements, together with but now not restricted to any projections of profits, margins, prices, income, profits per share, HP's effective tax cost, cash flows, share repurchases, foreign money change rates or different financial items, any statements of the plans, strategies and aims of administration for future operations, and any statements about the expected development, performance, market share, or aggressive performance concerning items or features.

A dialogue of some of these dangers, uncertainties and assumptions is determined forth in more element in HP's SEC experiences, including its most contemporary form 10-okay. HP assumes no responsibility and doesn't intent to update the sort of forward-looking statements.

The fiscal advice mentioned in reference to this call, together with any tax-linked objects, reflect estimates according to assistance obtainable at the moment and will range materially from the amounts in the end mentioned in HP's first quarter form 10-Q.

earnings, revenue, operating margin and an identical gadgets at the enterprise degree are occasionally expressed on a non-GAAP groundwork and have been adjusted to exclude certain items, together with amongst different issues, amortization of purchased intangibles, restructuring expenses and acquisition-connected expenses.

The comparable GAAP monetary advice and a reconciliation of non-GAAP amounts to GAAP are included within the tables and within the slide presentation accompanying modern day earning liberate, both of which were purchasable on the HP Investor members of the family webpage at www.hp.com.

i will now flip the call over to Meg.

thank you, Rob, and thanks all of you for becoming a member of us today. With the first quarter of fiscal 2014 close, HP is in a more robust place than we've been in reasonably some time.

considering laying out our 5-yr strategic roadmap for turning the business round, we now have made massive growth. we have reignited innovation of HP, and the primary quarter turned into no exception as we introduced business-main applied sciences across our portfolio.

Our focus on rebuilding our balance sheet has resulted in an improvement of our operating business web money position via greater than $6 billion in the first quarter of 2013. we've bolstered our relationship with customers and channel partners, some thing I see every day in my interactions with them, and our international personnel is wholly aligned in the back of the standard vision of the enterprise, supplying options for the new fashion of IT. And we are seeing acceleration within the trade's move against that new trend of IT.

These adjustments create gigantic force in the market as technologies and company fashions evolve, client needs trade and incumbents appear to respond. lots of our opponents at the moment are confronting these new realities by way of making most important strategic shifts and exiting gigantic constituents of their enterprise. on the identical time HP is more than two years into its work to reposition the company to fulfill these challenges. We trust here's a aggressive knowledge. With the steps we've taken, I suppose we are neatly positioned to catch on alternatives as a way to come up in the marketplace. We still have an extended method to go however i'm greater satisfied than ever that we are making the appropriate moves to set HP up for the long-term.

leisure certain, we are not taking our foot off the pedal. Over the following couple of quarters, we can introduce massive new improvements so that it will construct upon our choices in cloud, security, huge records and converged infrastructure, as well as some surprising new technologies in printing and private programs. furthermore, at our world accomplice convention subsequent month, we are able to roll out updates to our accomplice classes that we expect will extra reinforce our channel relationships. we're doing all of this whereas we continue to optimize our can charge base and put money into our infrastructure to help create a more agile and greater aggressive HP.

in the first quarter, HP delivered $0.90 in diluted non-GAAP net salary per share in comparison to our economic outlook of $0.eighty two to $0.86 per share. total revenue for the company was down 1% for the quarter, however up slightly in constant currency. And we as soon as once more delivered very potent money stream, generating $3 billion in cash circulate from operations. as a result of our center of attention on driving money circulate, the enterprise exited the quarter with operating enterprise web money place of $1.7 billion after returning $843 million to shareholders within the quarter within the sort of dividends and share repurchases.

We noticed additional encouraging signals in the quarter that our efforts to show the enterprise round are taking hold. There became salary boom in our own programs and enterprise community segments and at the complete business degree, on a constant foreign money basis, we carried out revenue increase for the first time due to the fact that the 2nd quarter of 2011. As I noted in past, turnarounds don't seem to be linear and we've a lot of work forward of us. whereas i might on no account declare victory based on these consequences, they represent real growth. Make no mistake, we're focused on normally and profitably starting to be revenue over the lengthy-term.

you have heard me say that earnings increase will finally be driven via incredible items and within the first quarter, we held our Annual Innovation show off for our European valued clientele at HP discover in Barcelona. We used the experience to introduce some significant new applied sciences in key areas for the company. WE delivered our new converged equipment portfolio, a household of built-in IT techniques using HP server, storage and networking know-how that is aim built for key workloads comparable to virtualizations, large information and hosted pcs. These new items carry a complete programs adventure that dramatically simplifies IT, enabling purchasers to move from order to operations in as little as 20 days.

We also brought new options in our converged storage portfolio, together with StoreOnce Backup, StoreAll Archive and StoreServ Storage. together these innovations bring industry-main performance and effectivity making it possible for agencies to manipulate their records within the new style of IT. We introduced the next technology of our flagship private cloud answer, CloudSystem eight. This answer integrates with our OpenStack architecture and allows for corporations to construct a non-public cloud and install cloud services in a matter of hours in place of days or weeks.

HP turned into additionally these days diagnosed by using Forrester analysis as the clear leader in private cloud solutions. We also launched our new hybrid cloud administration platform, a self-carrier portal with key management and protection equipment that permit IT managers to more efficaciously deliver purposes and services to their users.

also in the first quarter, our personal programs community delivered two new cell devices to the market in India, the HP Slate 6 and Slate 7 VoiceTab. These pills display how we're evidently segmenting markets to target alternatives with cost effective products that play to our strength.

Now let me flip to our company neighborhood performance within the quarter. ordinary consequences in Q1 have been pushed by way of the salary growth I mentioned previous plus strong efficiency in printing and disciplined cost administration. In own techniques, we delivered amazing earnings performance. normal the pc market contraction is slowing and we see signals of stabilization notably within the industrial segment.

earnings grew 4% over the prior year, our first quarter of boom in seven quarters. growth became driven by using strong efficiency in industrial, primarily commercial notebooks.

operating margins for quarter had been 3.3%, up over each, the prior year and sequentially. The competitive pricing ambiance continues to be aggressive, which put drive on our gross margins. we're being selective in where we play, and as a result we lost 0.7 aspects of market share over the prior 12 months in a declining market within the calendar fourth quarter, and 0.9 features, sequentially.

We believe our strategy of being selective about the place we play, coupled with decent charge discipline will ensure we remain concentrated on ecocnomic boom. Our Printing business delivered solid outcomes with sustained profitability.

operating margin for the primary quarter were 16.8% up, 0.5 facets over the prior yr. Printing income turned into down 2% or 1% in consistent currency, and whereas complete elements revenue declined, we did see increase in ink materials over the prior yr.

We also noticed our third successive quarter of hardware unit placement growth, driven through very potent increase in laser devices and ink in the office is still robust. The center of attention on unit placement is an investment that we agree with pays future dividends for supplies.

The general printing market saw hardware unit growth for the second successive quarter, driven by way of energy in laser. For the third successive quarter, HP outperformed the market gaining two elements of share over the prior yr in total and in both, ink and laser, respectively.

In business services, a delicate salary quarter pressured margins. As we laid out on our final call, delayed profits runoff from FY'13 is impacting yr-over-12 months compares for ES. within the first quarter, run-off took place mostly as we anticipated and resulted in a 1% operating margin, down 30 foundation aspects over prior year.

we are in the early innings of the transition we outlined in October, to power a more proactive revenue method. in the first quarter, we did see encouraging bookings increase in Strategic business features, but there continues to be for a chance for us to enhance our success in winning new colossal shoppers and securing add-on earnings from current money owed.

i am assured that we have the appropriate plan in functions and the group has made good progress in executing towards their approach, but here is a big shift to turn and we should move quicker, exceptionally on aligning our income engine and improving our service start for greater great and lessen expenses.

in the business neighborhood, we noticed salary increase of 1% and expect calendar fourth quarter share positive aspects throughout all our hardware segments. effects within the first quarter were led through earnings boom in ISS and Networking, in part offset with the aid of income decline in TS. We noticed strong efficiency in storage, the place we proceed to manage the transition from common to converged storage.

finally, we proceed to see profits declines in enterprise crucial programs. usual, we're nevertheless seeing a really aggressive pricing environment in EG. Over time, we do predict to increase margins in this company. there's extra we can do, and as we look forward, we remain focused on superior matching our product combine to market segments, charge savings alternatives and improving attach costs to pressure multiplied working margins.

In business normal Servers, we proceed to make growth in stabilizing this enterprise in the first quarter. We had one other mighty hyper scale quarter although this contributes to force margins. additionally, we proceed to make progress with Moonshot, as we roll that new workloads in the first quarter and brought the primary converged device for hosted computer based on Moonshot know-how.

client interest continues to be high and we're working with a couple of clients on proof-of-ideas, addressing a number of distinct workloads. In Storage, standard earnings become flat. In converged storage, we noticed forty two% income boom over the prior year and 3PAR continues to function very well, specially within the midrange segment.

Networking, we grew income four% over the prior 12 months. We noticed decent performance in switching, which grew profits 5% over the prior 12 months evaluating very favorably towards Cisco's consequences in the identical period.

In know-how services, salary declined four% over the prior year, however simplest down 2% in regular currency. We proceed to look decent adoption of our new portfolio, together with Proactive Care, where ordered grew triple digits year-over-12 months and flexible capacity features the place we're seeing mighty client demand.

In application, I consider respectable in regards to the growth we are making. we have simplified the product line while rejuvenating our core portfolio. we are investing in key growth areas and the team is making outstanding strides on area of operational growth.

income become down 4% over the prior year, but we grew in key areas of the portfolio, including security, cloud and big data. weakness in our usual IT management company, mainly in the U.S. and Asia was partly offset by energy in security choices like ArcSight and toughen, as well as in our Vertica business.

In Autonomy, the technology continues to resonate very well with shoppers as we launched Idol 10 and information Protector eight.1, the business's first adaptive and self-mindful backup and healing solution. in addition, Autonomy announced a major win with China cellular, chosen IDOL to power the quest capability of its strategic instant metropolis platform. This platform permits users to access information on thousands of public capabilities directly from their cell phones. So ordinary i am very blissful with the development we've made however we nonetheless have lots of work to do to force consistent execution and navigate a impulsively moving industry.

Now let me flip to our future outlook. The strategy we outlined at our safety Analyst assembly closing fall is still our compass to guide us in FY '14. we will continue to focus on innovation, money move, our restructuring plans and executing on the areas of improvement in the turnaround while taking competencies of the realities of the brand new vogue of IT. We aren't anticipating any giant alternate within the macro ambiance. There are in reality some encouraging indications with enhanced performance in Western Europe but headwinds stay in many rising markets. against the backdrop, our Q2 outlook for non-GAAP diluted web revenue per share could be $0.eighty five to $0.89 and for the complete 12 months the outlook should be $3.50 to $3.75.

however now let me flip it over to Cathie for a closer look at our performance in the quarter. Cathie?

Cathie Lesjak

Thanks, Meg. common Q1 was a fine start fiscal 14 as one of the primary advancements we now have been driving are beginning to take grasp. As Meg noted, we nevertheless aren't satisfied with the consistency of our performance or the profitability throughout some of our groups. So we stay very concentrated on enhancing our go-to-market and price constitution.

total salary for the quarter turned into $28.2 billion, down 0.7% year-over-year and up 0.three% in regular forex. via place, the Americas revenue was $12.5 billion, down 2% yr-over-yr or down 1% in consistent currency. The decline turned into basically as a result of key account runoff in commercial enterprise capabilities within the U.S. partially offset with the aid of our previously announced sale of IP. EMEA income become $10.4 billion, up 1% yr-over-12 months however down 1% in regular forex. while our EMEA outlook continues to be cautious, we're seeing some signs of stabilization in additional mature markets reminiscent of Germany and France. APJ income became $5.2 billion, down 1% 12 months-over-12 months but up 5% in consistent currency. We noticed particular strength in India once more this quarter and China changed into flat. Relative to the average market challenges in the area, we're glad with this performance.

Gross margin for the quarter become 22.eight%, up 0.5 facets year-over-yr and down 0.2 elements sequentially. The 12 months-over-yr improvement blanketed some benefit from the IP sale. We proceed to experience an aggressive pricing ambiance throughout our hardware corporations which we're offsetting through productiveness advancements and more advantageous carrier delivery efficiencies.

total non-GAAP working charges for the quarter have been $four billion, down 1.8% year-over-year and down 1.four% sequentially. R&D expense became up over the prior yr duration as we proceed to put money into innovation in our strategic focal point areas equivalent to cloud and across many of our company segments. SG&A become down over the prior 12 months length primarily due to profit from a true property sale and price advantages from our restructuring movements. These advantages were partially offset by better litigation reserves and investments in techniques and tools. as a result of non-GAAP operating earnings changed into $2.4 billion or eight.5% of income up 0.6 aspects yr-over-yr. We recorded $163 million of price within the different salary and rate line, a lower from the prior yr duration driven basically by decrease price on decreased debt balances, in part offset by means of the destructive outcomes of currency alternate charges.

With a 22% tax cost and a weighted normal diluted share count number of 1.935 billion shares, we delivered first quarter non-GAAP diluted internet revenue per share of $0.ninety. First quarter non-GAAP earnings primarily excludes pretax fees of $283 million for amortization of intangible belongings and $114 million for restructuring prices.

Turning to the business contraptions. Printing persevered to operate well with solid hardware unit growth for the third consecutive quarter and decent profitability as we continue to push our print method forward. earnings was $5.8 billion, down 2.2% year-over-year and unit shipments grew 5%. business Hardware salary changed into $1.3 billion, down 2% year-over-year while client Hardware salary changed into $673 million down, simply 1% yr-over-yr. we are seeing contraction in commonplace promoting fees across ink and laser hardware, pushed by means of the challenging pricing ambiance and the expected forex change costs however the underlying unit demand is improving. for instance, demand for our Ink within the office items remains powerful. The Officejet professional X saw double-digit sequential increase across all areas and we proceed to see double-digit year-over-year revenue and unit increase in Ink abilities.

In Laser, we won share and are continuing to grow in multifunction printers and managed features and photographs continues to be a vivid spot with an additional strong performance in Indigo.

supplies salary became down 3% over the prior yr length, or down simply 1% in steady foreign money and made up 65% of printing income. deliver softness changed into caused by weak point in toner. software toner drove channel inventory tiers marginally up above our goal range. we are actively managing this and the net influence to Q1 results become immaterial.

universal printing profitability continues to be strong, with working income of $1 billion or 16.eight% of income, up 0.5 elements 12 months-over-yr. The performance in own methods changed into superior than expected with earnings of $eight.5 billion, up 3.6% year-over-year pushed via business strength. there were indications of stronger market circumstances, above all in industrial PCs and we are assured about our portfolio and center of attention.

besides the fact that children customer revenue declined 3% yr-over-year, business income grew eight%. business notebooks grew double digits over the prior year length and business desktops have been up as smartly.

total unit shipments grew 6% yr-over-12 months with growth in both, the business and buyer segments. Channel inventory degrees are down and smartly within appropriate levels throughout all classes and regions.

personal systems operating profit was $279 million or 3.3% of earnings, up 0.5 aspects 12 months-over-yr. The results of our endured focal point on charge administration and the IT revenue were in part offset by elevated DRAM charge as we indicated to you last quarter. We continue to be concentrated on driving profitable increase in this company.

business grew its revenue with $7 billion up 0.6% year-over-year and up 1.5% in steady foreign money. working income in the quarter changed into $1 billion or 14.four% of earnings, down one point year-over-year.

We agree with these effects demonstrate the growth we are making on revenue execution and the competitiveness of our portfolio because the market shift towards the new fashion of IT, however we nevertheless have extra work to do to enhance profitability within the company.

As bill Veghte, discussed at our protection Analyst meeting, we're focused on specific movements that optimizing our can charge constitution extra intently aligning the enterprise units within the region and more suitable segmenting the market.

by means of enterprise, trade usual server revenue turned into $3.2 billion, up 6% yr-over-12 months as we saw mighty boom in hyperscale again this quarter. technology features salary declined have moderated just a little with total profits of $2.1 billion, down 4% 12 months-over-year and down 2% in constant forex. Our profitability expanded and consumer pride enhanced

in the event you trust the giant headwind of the decline BCS enterprise, the expertise functions working earnings efficiency changed into robust in storage and networking were driving execution improvements to catch more market opportunity and we're starting to see the outcomes.

Networking profits boom started to speed up in the first quarter. revenue became $630 million in the quarter, up four% year-over-year. Storage revenue changed into flat versus the prior 12 months. At $834 million as powerful growth in converged storage offset declines in common storage converged storage grew forty two% year-over-year and 3PAR for EDA plus XP grew 13% faster than the market once again this quarter.

This metric suggests how neatly 3PAR is performing in disrupting the marketplace, taking in account the plan transition of our average choices business important programs continues to be impacted with the aid of declining UNIX market. BCS salary declined 25% 12 months-over-12 months to $228 million. We are expecting to profit two facets of share during this market.

enterprise features profits of $5.6 billion down 7.three% 12 months-over-12 months to income decline became driven by using the delayed key account run-off as we indicated in the past. The profits decline, along with the investments we're making our income force and multiplied litigation reserves on legacy accounts, compelled our margins within the quarter.

operating income become $57 million, or 1% of revenue down 0.three elements 12 months-over-year. by using business IT Outsourcing income of $3.5 billion down 9% year-over-yr and functions and business features income became $2.1 billion, down 4% year-over-12 months, both businesses had been impacted via the important thing account run-off.

common, signings had been delicate in Q1, however smaller and medium deals grew. ordinary, our trailing 12 month book-to-invoice within appropriate levels we make some development in improving productivity but we ought to circulation sooner to drive provider delivery efficiencies, develop add-on enterprise within latest bills and trap new trademarks.

application profits declined 3.7% over the prior 12 months period to $916 million besides the fact that children we saw persevered boom in key areas similar to SaaS, Vertica and protection and received traction in our resourceful large records platform, HAVEn. License earnings declined 6% year-over-year due to persisted market transition to SaaS as neatly some power in our IP administration enterprise.

however we noticed double-digit growth in cloud, Vertica and Autonomy's IDOL license salary. guide income declined 2% yr-over-12 months as a result of ancient license earnings declines. professional capabilities earnings declined 12% yr-over-12 months however the gross margin more suitable as we persevered to prune our portfolio and center of attention on profitability. SaaS revenue grew 6% over prior 12 months length as we see endured momentum. working income turned into $one hundred forty five million or 15.8% of profits, down 0.5 facets yr-over-12 months. We continue to invest in strategic growth areas of utility and make development on simplifying and enhancing our techniques and methods to increase productiveness.

HP fiscal features revenue changed into $870 million, down 9.1% yr-over-yr. operating income became the $101 million or 11.6% of profits, up 1 aspect from Q1 fiscal '13. power from quantity declines in old quarters impacted HP monetary features earnings besides the fact that children new financing quantity become up double-digits driven by strength in the direct client financing company. The health of our portfolio of property became amazing and return on fairness became 18% within the quarter.

Turning to money stream and capital allocation. We had an additional amazing quarter generating $three billion in working cash flow, up 17% 12 months-over-yr which resulted in $2.four billion in free cash move. We persisted our focus on working capital and received our money conversion cycle down to sixteen days in the first quarter, down seven days from the prior year length. We more advantageous throughout all metrics however the biggest improvement became in days payable amazing. We lower back $565 million to shareholders by means of repurchasing 20.four million shares in the quarter and paid $278 million in the type of dividends. For the year, we are nonetheless committed to capital distributions and our plan to return at the least 50% of free money flow to shareholders within the kind of share repurchases and dividends as we outlined at our safety Analyst meeting.

throughout the quarter, we additionally achieved a very a hit $2 billion debt offering, our first time period debt issuance in just about two years. We ended the quarter with gross cash of $sixteen.4 billion and working business net cash of $1.7 billion, a $6.4 billion improvement over this duration ultimate 12 months.

longing for Q2, the market and aggressive atmosphere remains challenging. while there are indications of restoration in some geographic regions, many areas across the globe are tender. forex influences are also affecting the international enterprise environment and we are expecting forex to be about one aspect headwind 12 months-over-12 months to revenue in Q2.

by means of enterprise, in printing you'll continue to put money into hardware unit placements where the lifetime return on the unit makes financial sense and we expect to power endured momentum in key thoughts throughout ink, laser and snap shots. for personal methods, while we predict the business section to continue outpace the customer phase, we believe the overall market is probably going to continue to be incredibly competitive. In commercial enterprise neighborhood, we continue to be concentrated on greater successfully managing the margin profile and we predict persisted traction in networking, converged infrastructure and converged storage. In commercial enterprise services we are expecting the delayed key account runoff to proceed to power increase and profitability as we pressure forward the transition from reactive to proactive sales. ultimately in application, we predict to look continued traction in key increase areas like big statistics whereas we put money into disruptive technologies like cadence HAVEn and security and control our portfolio transition to SaaS.

As you move through your models pleas keep in mind, there become a web advantage to Q1 outcomes from the few gadgets I actually have mentioned past including the IP and precise estate revenue in addition to litigation and different expenses. Adjusting for these things, our Q1 non-GAAP diluted net earnings per share would had been across the midpoint of our prior to now offered Q1 outlook of $0.eighty two to $0.86.

additionally with a purpose to pressure stronger operational advancements, we plan to boost our reinvestment within the business for the whole yr by means of around $0.02 per share up from the $0.12 we discussed at our security Analyst meeting. With that context, we expect full yr fiscal 2014 non-GAAP diluted web revenue per share to be in the range of $three.50 to $3.75. For fiscal 2014 Q2, we predict non-GAAP diluted internet earnings per share within the range of $0.eighty five $0.89. From a GAAP viewpoint, we are expecting a full-12 months diluted internet income per share to be within the range of $2.eighty five to $3 and GAAP diluted web revenue per share for fiscal Q2 is anticipated to be within the latitude of $0.62 to $0.sixty six.

For cash movement, based on the moves we're taking to drive working capital efficiencies, we now are expecting moderate improvement in our money conversion cycle from the low 20-day range we estimated prior to now. We are expecting this to supply some upside to our fashioned cash circulation Outlook for the year.

With that, i will be able to open it up for questions.

salary call half 2:


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