Symantec 2006 Annual Report Download - page 46

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Storage and Server Management segment
Year Ended March 31,
2006 2005 2004
($ in thousands)
Storage and Server Management revenues ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $793,783 $279,024 $218,531
Percentage of total net revenues ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 19% 11% 12%
Period over period increase ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $514,759 $ 60,493
* 28%
* Percentage not meaningful
The increase in revenues from our Storage and Server Management segment was due primarily to sales of
products acquired through the Veritas acquisition, which contributed $531 million of net revenues during
fiscal 2006. This amount was offset slightly by the continued decline in sales of our pcAnywhere product,
which we expect to continue to decline in the future.
Revenue from our Storage and Server Management segment increased in fiscal 2005 as compared to
fiscal 2004 due primarily to revenue from products formerly associated with PowerQuest of $52 million and
ON Technology of $29 million, both of which we acquired in the second half of fiscal 2004. These increases
were partially offset by a continued decline in sales of our pcAnywhere product.
Services segment
Year Ended March 31,
2006 2005 2004
($ in thousands)
Services revenues ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $136,625 $29,849 $15,424
Percentage of total net revenues ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 3% 1% 1%
Period over period increase ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $106,776 $14,425
* 94%
* Percentage not meaningful
The increase in revenue from our Services segment in fiscal 2006 as compared to fiscal 2005 was
primarily due to services related to the Veritas acquisition, which contributed $94 million of net revenues
during fiscal 2006. In addition, the increase was due to an increase in our security consulting services of
$13 million in fiscal 2006 as compared to fiscal 2005.
The increase in revenue from our Services segment in fiscal 2005 as compared to fiscal 2004 was due
primarily to an increase of $13 million in revenue from our consulting services. In addition, revenue from our
Services segment increased due to our acquisitions in fiscal 2005 of @stake, Inc. and LIRIC Associates.
Other segment
Our Other segment is comprised of sunset products and products nearing the end of their life cycle.
Revenues from the Other segment in fiscal 2006, 2005, and 2004 were insignificant.
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