EMC 2010 Annual Report Download - page 93

Table of Contents
EMC CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
Our 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):
2010 2009 2008
United States $ 9,152,363 $ 7,384,308 $ 7,990,762
Europe, Middle East and Africa 4,942,104 4,290,274 4,555,004
Asia Pacific 1,965,154 1,603,107 1,640,065
Latin America, Mexico and Canada 955,505 748,221 690,332
Total $ 17,015,126 $ 14,025,910 $ 14,876,163
No country other than the United States accounted for 10% or more of revenues in 2010, 2009 or 2008.
Long-lived assets, excluding financial instruments, deferred tax assets, goodwill and intangible assets, in the United States were $2,936.8 million at
December 31, 2010 and $2,549.8 million at December 31, 2009. Internationally, long-lived assets, excluding financial instruments and deferred tax assets,
were $600.3 million at December 31, 2010 and $635.6 million at December 31, 2009. No country other than the United States and Ireland accounted for 10%
or more of total long-lived assets, excluding financial instruments and deferred tax assets, at December 31, 2010 or 2009.
Dell Inc., one of our channel partners, accounted for 11.5% of our revenues in 2008.
S. Selected Quarterly Financial Data (unaudited)
Quarterly financial data for 2010 and 2009 is as follows (tables in thousands, except per share amounts):
2010 Q1 2010 Q2 2010 Q3 2010 Q4 2010
Revenues $ 3,890,692 $ 4,023,497 $ 4,212,271 $ 4,888,666
Gross profit 2,218,519 2,359,199 2,486,974 2,966,289
Net income attributable to EMC Corporation 372,704 426,216 472,516 628,559
Net income per weighted average share, diluted: common shareholders $ 0.17 $ 0.20 $ 0.22 $ 0.29
2009 Q1 2009 Q2 2009 Q3 2009 Q4 2009
Revenues $ 3,150,762 $ 3,257,352 $ 3,517,630 $ 4,100,166
Gross profit 1,683,255 1,743,778 1,940,217 2,377,649
Net income attributable to EMC Corporation 194,069 205,232 298,180 390,596
Net income per weighted average share, diluted: common shareholders $ 0.10 $ 0.10 $ 0.14 $ 0.19
Quarterly financial data for the fourth quarter of 2009 includes an after-tax charge for provision for litigation of $52.3 million or $0.02 per diluted
share. Additionally, the fourth quarter of 2010 and 2009 both include a special tax charge related to our tax-related reorganizations of $83.3 million or $0.04
per diluted share for 2010 and $60.7 million or $0.03 per diluted share for 2009.
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
None.
ITEM 9A. CONTROLS AND PROCEDURES
Evaluation of Disclosure Controls and Procedures. Our management, with the participation of our principal executive officer and principal financial
officer, has evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act), as of
the end of the period covered by this Annual Report on Form 10-K. Based on such evaluation, our principal executive officer and principal financial officer
have concluded that as of such date, our disclosure controls and procedures were effective.
Management's Annual Report on Internal Control Over Financial Reporting. Management's Report on Internal Control Over Financial Reporting on
page 42 is incorporated herein by reference.
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