Xerox 2008 Annual Report Download - page 26

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Our Business
International Operations
We are incorporating by reference the financial measures by
geographical area for 2008, 2007 and 2006 that are included in
Note 2 – Segment Reporting in the Consolidated Financial
Statements in our 2008 Annual Report. See also the risk factors
entitled “Our business, results of operations and financial condition
may be negatively impacted by economic conditions abroad,
including fluctuating foreign currencies and shifting regulatory
schemes.” in Part 1, Item 1A of this Form 10K.
Backlog
We believe that backlog, or the value of unfilled orders, is not a
meaningful indicator of future business prospects because of the
significant proportion of our revenue that follows equipment
installation, the large volume of products we deliver from shelf
inventories and the shortening of product life cycles.
Seasonality
Our revenues are affected by such factors as the introduction of
new products, the length of the sales cycles and the seasonality of
technology purchases. As a result, our operating results are difficult
to predict. These factors have historically resulted in lower revenue
in the first quarter than in the immediately preceding fourth
quarter.
Other Information
Xerox is a New York corporation, organized in 1906, and our
principal executive offices are located at 45 Glover Avenue, P.O.
Box 4505, Norwalk, Connecticut 06856-4505.
Our telephone number is (203) 968-3000.
On the Investor Information section of our Internet website, you
will find our annual reports on Form 10-K, quarterly reports on Form
10-Q, current reports on Form 8-K and any amendments to these
reports. We make these documents available as soon as we can
after we have filed them with, or furnished them to, the Securities
and Exchange Commission.
Our Internet address is http://www.xerox.com
24 Xerox 2008 Annual Report