Xerox 2013 Annual Report Download - page 32
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International Operations
The financial measures by geographical area for 2013, 2012 and 2011 that are included in Note 2 - Segment
Reporting in the Consolidated Financial Statements, are incorporated here by reference. See also the risk factor
entitled “Our business, results of operations and financial 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 included herein.
Backlog
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 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 revenues are affected by such factors as the introduction of new products, the length of sales cycles and the
seasonality of technology purchases and services unit volumes. These factors have historically resulted in lower
revenues, operating profits and operating cash flows in the first quarter and the third 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.
In 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 www.xerox.com.
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