Solid performance across our products and regions drove record revenue for the company, excellent license growth and strong operating margin.

Analysts said HP's first quarter growth rate is partially inflated by a weak performance one year ago, when the company experience supply problems.

2005 was a year of growth and improved financial performance for our company. 2006 will be a year in which we will continue to make investments to position our company for continued growth. Key investments will be made in people, technology and our distribution network.

[A shortage of skilled workers] can stop growth or even shrink a company. Especially as we move out of a product-based economy and into a knowledge-based one, finding people who have the skills to do what your company does is about the only competitive advantage you can have anymore.

There have only been four presidents of Aerospace. The growth of the company in terms of revenue and power, and him elevating the status of minorities and women in the workplace were things he was proud of. It was always based on merit of course, but he just wanted to make sure that everybody got a fair shake.

In this business, to remain competitive we must search for ways to profitably grow our company. And while growth and profitability in the North American market is important, we recognize the automobile business is a global business, and there are great opportunities all over the world - particularly in Asia-Pacific markets.