Xerox 2010 Annual Report Download - page 27

Download and view the complete annual report

Please find page 27 of the 2010 Xerox annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 112

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112

25Xerox 2010 Annual Report
Backlog
Webelievethatbacklog,orthevalueofunlledorders,isnota
meaningful indicator of future business prospects because of the
signicantproportionofourrevenuethatfollowscontractsigningand/
or equipment installation, the large volume of products we deliver from
shelf inventories, and the shortening of product life cycles.
Seasonality
Our technology revenues are affected by such factors as the introduction
of new products, the length of sales cycles and the seasonality of
technology purchases. These factors have historically resulted in lower
revenueintherstquarterandthethirdquarter.
Other Information
XeroxisaNewYorkcorporation,organizedin1906,andour
principalexecutiveofcesarelocatedat45GloverAvenue,
P.O. Box 4505, Norwalk, Connecticut 06856-4505. Our telephone
numberis(203)968-3000.
IntheInvestorInformationsectionofourInternetwebsite,youwillnd
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ledthem
with, or furnished them to, the Securities and Exchange Commission.
Our Internet address is www.xerox.com.
Fuji Xerox
Fuji Xerox is an unconsolidated entity in which we currently own a 25%
interestandFUJIFILMHoldingsCorporation(“FujiFilm”)owns75%.
Fuji Xerox develops, manufactures and distributes document processing
productsinJapan,China,HongKong,otherareasofthePacicRim,
AustraliaandNewZealand.Weretainsignicantrightsasaminority
shareholder. Our technology licensing agreements with Fuji Xerox ensure
that the two companies retain uninterrupted access to each other’s
portfolio of patents, technology and products.
International Operations
Weareincorporatingbyreferencethenancialmeasuresby
geographical area for 2010, 2009 and 2008 that are included in Note
2 – Segment Reporting in the Consolidated Financial Statements in
our 2010 Annual Report. See also the risk factor entitled “Our business,
resultsofoperationsandnancialconditionmaybenegativelyimpacted
by economic conditions abroad, including local economies, political
environments, fluctuating foreign currencies and shifting regulatory
schemes”inPartI,Item1AofForm10-K.