UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                              -------------------
                                    FORM 8-K

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


                          JULY 28, 2006 (JULY 24, 2006)
                DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)


                              -------------------
                                PITNEY BOWES INC.
             (Exact name of registrant as specified in its charter)



           DELAWARE                       1-3579                06-0495050

(State or other jurisdiction of  (Commission File Number)    (I.R.S. Employer
       incorporation or                                     Identification No.)
        organization)


                               WORLD HEADQUARTERS
                                 1 ELMCROFT ROAD
                        STAMFORD, CONNECTICUT 06926-0700
               (Address of principal executive offices) (Zip Code)

       REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (203) 356-5000

                                 NOT APPLICABLE
          (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (SEE General Instruction A.2. below):

     |_| Written communications pursuant to Rule 425 under the Securities Act
         (17 CFR 230.425)

     |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
         (17 CFR 240.14a-12)

     |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
         Exchange Act (17 CFR 240.14d-2(b))

     |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
         Exchange Act (17 CFR 240.13e-4(c))




ITEM 2.02.        RESULTS OF OPERATIONS AND FINANCIAL CONDITION

The following information is furnished pursuant to Item 2.02 Disclosure of
"Results of Operations and Financial Condition."

On July 24, 2006, the registrant issued a press release setting forth its
financial results, including consolidated statements of income, supplemental
information, and a reconciliation of reported results to adjusted results for
the three and six months ended June 30, 2006 and 2005, and consolidated balance
sheets at June 30, 2006, March 31, 2006, and June 30, 2005. A copy of the press
release is attached hereto as Exhibit 99.1 and hereby incorporated by reference.


ITEM 9.01.        FINANCIAL STATEMENTS AND EXHIBITS

(c)      Exhibits

         99.1     Press release of Pitney Bowes Inc. dated July 24, 2006




ITEM 9.01.        FINANCIAL STATEMENTS AND EXHIBITS.


(c)      Exhibits.
         ---------

Exhibit No.          Description
-----------          -----------

99.1                 Press Release of Pitney Bowes Inc. dated July 24, 2006





                                    SIGNATURE

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


                                  PITNEY BOWES



July 28, 2006                      By:  /s/ B. P. Nolop
                                       ----------------------------------------
                                   B. P. Nolop
                                   Executive Vice President and Chief
                                   Financial Officer
                                   (Principal Financial Officer)

                                   By:  /s/ S.J. Green
                                       ----------------------------------------
                                   S.J. Green
                                   Vice President, Finance
                                   (Principal Accounting Officer)