EXHIBIT 23
 
                       CONSENT OF INDEPENDENT ACCOUNTANTS
 
  We hereby consent to the incorporation by reference in the Registration
Statement the following Registration Statements on Form S-8 of our report dated
November 22, 1993 appearing on page 43 of the 1993 Annual Report to
Shareholders of Hewlett-Packard Company which is incorporated in this Annual
Report on Form 10-K.
 
Registration No. 2-66780 through Post-Effective Amendment No. 6
 
Registration No. 2-90239
 
Registration No. 2-92331 through Post-Effective Amendment No. 3
 
Registration No. 2-96361 through Post-Effective Amendment No. 1
 
Registration No. 33-30769
 
Registration No. 33-31496
 
Registration No. 33-31500
 
Registration No. 33-38579
 
Registration No. 33-50699
 
  We also consent to the incorporation by reference of our report on the
Financial Statement Schedules, which appears on page 13 of this Form 10-K.
 
PRICE WATERHOUSE
 
San Francisco, California
January 28, 1994
 
                                     E-23-1