TiVo 2013 Annual Report Download - page 6

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•our expectations of the future decrease in hardware revenues and hardware margin as our U.S. MSO customers transition their
hardware purchases to third party hardware manufacturers such as Pace and our belief that this will enable us to gain additional
MSO subscriptions;
•our expectations of the growth of the TiVo service and technology outside the United States;
•our expectations regarding a future decrease in the amount of our research and development spending and our associated ability to
remain a competitive technology innovator and invest significant resources in advanced television solutions beyond the DVR;
•our expectations regarding future increases in the amount of deferred expenses in costs of technology revenues related to
development work for our television distribution partners and our ability to receive revenues equal to or greater than such deferred
expenses from such television distribution partners;
•our expectations regarding future changes in our operating expenses, including changes in general and administrative expenses,
litigation expenses, sales and marketing and subscription acquisition costs;
•our expectations regarding our ability to oversee outsourcing of our manufacturing processes and engineering work and our ability to
support the hardware, inventory, and hardware customization needs of our MSO customers;
•our expectations regarding the usability of our finished goods inventory of DVRs and non-DVR products and the risks that hardware
forecasts of our MSO customers may be reduced or delayed after we have committed manufacturing resources due to long lead
times, which may require us to record additional write-downs if such inventory exceeds forecasted demand;
•our expectations that in the future we may offer streaming content to Android devices;
•our expectations regarding our ability to perform or comply with laws, regulations, and requirements different than those in the
United States; and
•our expectations and estimates related to long-term investments and their associated carrying value.
Forward-looking statements generally can be identified by the use of forward-looking terminology such as “believe,” “expect,” “may,”
“will,” “intend,” “estimate,” “continue,” “ongoing,” “predict,” “potential,” and “anticipate” or similar expressions or the negative of those terms
or expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results,
performance or achievements to differ materially from those expressed or implied by such forward-looking statements. Such factors include,
among others, the information contained under the caption Part I, Item 1A. “Risk Factors” in this annual report on Form 10-K The reader is
cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date of this
annual report, and we undertake no obligation to publicly update or revise any forward-looking statements in this annual report. The reader is
strongly urged to read the information set forth under the caption Part I, Item 1, "Business" and Part II, Item 7, “Management's Discussion
and Analysis of Financial Condition and Results of Operations,” and Part I, Item 1A, “Risk Factors” for a more detailed description of these
significant risks and uncertainties.
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