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Table of Contents
EMC CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
EMC's management makes financial decisions and allocates resources based on revenues and gross profit achieved at the segment level. EMC does not
allocate selling, general and administrative or R&D expenses to each segment, as management does not use this information to measure the performance of
the operating segments. The revenues and gross profit attributable to these segments are included in the following table (table in thousands):
Information
Storage
Products
Information
Storage
Services
Other
Businesses Consolidated
2002
Revenues $ 4,218,393 $ 1,078,367 $ 141,592 $ 5,438,352
Gross profit 1,542,728(1) 449,299 65,257 2,057,284
Gross profit percentage 36.6% 41.7% 46.1% 37.8%
2001
Revenues $ 5,867,266 $ 972,274 $ 251,093 $ 7,090,633
Gross profit 2,697,936(2) 373,294 92,427 3,163,657
Gross profit percentage 46.0% 38.4% 36.8% 44.6%
2000
Revenues $ 7,680,898 $ 612,089 $ 579,829 $ 8,872,816
Gross profit 4,716,755 206,932 219,364 5,143,051
Gross profit percentage 61.4% 33.8% 37.8% 58.0%
(1) Excludes the benefit of $61.6 million related to reversal of the provision for excess and obsolete inventory established in the third quarter of 2001. See
Note C.
(2) Excludes $320.1 million provision for excess and obsolete inventory and impaired capitalized software. See Note C.
EMC's revenues are attributed to the geographic areas according to the location of the customers. Revenues by geographic area are included in the
following table (table in thousands):
2002 2001 2000
United States $ 3,147,613 $ 4,032,190 $ 5,298,847
Other North America 77,755 153,214 137,380
Total North America 3,225,368 4,185,404 5,436,227
Europe, Middle East, Africa 1,327,810 1,774,889 2,351,773
Asia Pacific 769,788 893,373 880,121
Latin America 115,386 236,967 204,695
Total International 2,212,984 2,905,229 3,436,589
Total $ 5,438,352 $ 7,090,633 $ 8,872,816
No country other than the United States accounted for 10% or more of revenues in 2002, 2001 or 2000.
Long-lived assets, excluding financial instruments, intangible assets and deferred tax assets, in the United States were $1,419.6 million at December 31,
2002, $1,551.5 million at December 31, 2001 and $1,304.9 million at December 31, 2000. Long-lived assets, excluding financial instruments, intangible
assets and deferred tax assets, outside the United States were $204.8 million at December 31, 2002, $275.8 million at December 31, 2001 and $205.2 million
at December 31, 2000. Long-lived assets, excluding financial instruments, intangible assets and deferred tax assets, in Ireland were $145.3 million at
December 31, 2002, $181.4 million at December
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