VMware 2015 Annual Report Download - page 4

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TableofContents
Forward-Looking Statements
ThisAnnualReportonForm10-Kcontainsforward-lookingstatements,including,withoutlimitation,statementsregardingexpectationsof,orourplansfor:
theITindustrytransformationandourrelatedstrategicpositioning;expectedbenefitstocustomersofourproductandserviceofferings;plannedproductofferings
inconnectionwithourcloudstrategy;salesgrowthinouremergingproducts,includingvSANandNSX;costsandtimingofourrealignmentplans;slowingof
totalrevenuegrowthin2016assalestransitiontoemergingproducts;thelevelofoveralllicenserevenuesgrowthin2016;impactonprofessionalservices
revenuesofexpandingourecosystemofthird-partyprofessionalswithexpertiseinourofferings;increasingemployeeheadcountanditsimpactonoperating
expense;thelevelofamortizationofcapitalizedsoftwaredevelopmentcostsinfutureyears;indefinitelyreinvestingouroverseasearningsoutsideoftheU.S.and
notrepatriatingthemtotheU.S.;continuingtobeincludedintheconsolidatedtaxgroupofEMCCorporation;thesufficiencyofourliquidityandcapitalreserves
tofundournormaloperatingrequirements;ourabilitytogeneratepositivecashflowsfromoperations;ourabilitytoobtainliquidity,arrangedebtfinancingor
enterintocreditfacilities,shouldadditionalliquidityberequired;impactofinstallmentpaymentstocertainkeyemployeesofAirWatchoncashflowsfrom
operations;theeffectonusoftheresolutionsofpendingclaims,legalproceedingsandinvestigationsandothermattersdescribedinNoteLofthenotestothe
consolidatedfinancialstatements;thelevelofadditionalstockrepurchasespursuanttoexistingstockrepurchaseauthorization;possiblereductionstotheamount
ofourtotalunrecognizedtaxbenefits;theimpactofDenali’sproposedacquisitionofEMC;andDenali’sintentionswithrespecttofuturepurchasesofVMware
commonstockandVMware’suseofitscashifitsproposedacquisitionofEMCiscompleted.Theseforward-lookingstatementsinvolverisksanduncertainties
andthecautionarystatementssetforthaboveandthosecontainedinthesectionofthisreportentitled“RiskFactors”identifyimportantfactorsthatcouldcause
actualresultstodiffermateriallyfromthosepredictedinanysuchforward-lookingstatements.Allforward-lookingstatementsinthisdocumentaremadeasofthe
datehereof,basedoninformationavailabletousasofthedatehereof.Weassumenoobligationto,anddonotcurrentlyintendto,updatetheseforward-looking
statements.
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