===============================================================================


                       SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549-1004

                                    FORM 8-K

                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

                                  June 4, 2001
                Date of Report (Date of Earliest Event Reported)



                             HEWLETT-PACKARD COMPANY
-------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)





        DELAWARE                    1-4423                   94-1081436
-------------------------------------------------------------------------------
(State or other jurisdiction      (Commission             (I.R.S. Employer
      of incorporation)           File Number)           Identification No.)



                    3000 HANOVER STREET, PALO ALTO, CA 94304
              (Address of principal executive offices) (Zip code)


                                 (650) 857-1501
              ----------------------------------------------------
              (Registrant's telephone number, including area code)


===============================================================================



ITEM 5.  OTHER EVENTS.

     On June 4, 2001, Hewlett-Packard Company ("HP") issued a joint press
release with Pitney Bowes Inc. announcing agreements which settle litigation
between the companies and provide ongoing business and technology
opportunities for both firms. The press release entitled "Pitney Bowes and
Hewlett-Packard Settle Litigation, Announce Business and Technology
Agreements" dated June 4, 2001 is attached hereto as Exhibit 99.1 and
incorporated by reference herein.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

Exhibit 99.1   Press release entitled "Pitney Bowes and Hewlett-Packard
Settle Litigation, Announce Business and Technology Agreements" dated June 4,
2001.



                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                      HEWLETT-PACKARD COMPANY


Date: June 4, 2001                    By:  /s/ CHARLES N. CHARNAS
                                           -----------------------------------
                                      Name:  Charles N. Charnas
                                      Title: Assistant Secretary and Senior
                                             Managing Counsel







                          INDEX TO EXHIBITS FILED WITH
                THE CURRENT REPORT ON FORM 8-K DATED JUNE 4, 2001



  Exhibit                              Description
-----------   ----------------------------------------------------------------
           
    99.1       Press release entitled "Pitney Bowes and Hewlett-Packard
               Settle Litigation, Announce Business and Technology Agreements"
               dated June 4, 2001.