VMware 2012 Annual Report Download - page 5
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Table of Contents
FORWARD-LOOKING STATEMENTS
This Annual Report on Form 10-K contains forward-looking statements, including, without limitation, statements regarding expectations of,
or our plans for: achieving future business growth, including investing in research and development and expanding our business alliances;
macroeconomic conditions; future product offerings; sources of revenues; future use of the software-defined data center (“SDDC”);
the potential
benefits of the Pivotal initiative; future acquisitions; future competition; the competitive landscape; maintaining our leadership position; the
impact of seasonal factors; the impact of, costs associated with, and the timetable for streamlining our operations and implementing and
completing our realignment plan; funding expansion of our industry segment share and developing long term relationships with our customers;
managing our resources prudently while making key investment in support of long-term growth objectives; geographic expansion and adding
additional channel partners; the ability of our 2013 selling and marketing efforts to improve the growth rate of our transactional business; the
recognition of unearned revenue; our relationship with EMC Corporation (“EMC”); increasing employee headcount; our revenue outlook and
mix; the number of large enterprise license agreements (“ELAs”) expected in the first half of 2013; customer and partner demand for our
products and services; the delivery of professional services to our customers; the sufficiency of our liquidity and capital reserves to fund our
operations and business strategy; continuation of our stock repurchase program; continuation of our dividend policy; factors affecting our tax
position; the effects of potential developments in non-U.S. tax jurisdictions; reinvesting our overseas earnings in our foreign operations and not
repatriating them to the U.S.; timing and amount of capitalized software development costs; interoperability among our future product offerings
and for the increasing development of product suites; timing of filing tax returns; adequacy of our current facilities and the availability of
additional or substitute space for future expansion; and costs associated with foreign currency fluctuation.
These forward-looking statements involve risks and uncertainties and the cautionary statements set forth above and those contained in the
section of this report entitled “Risk Factors” identify important factors that could cause actual results to differ materially from those predicted in
any such forward-looking statements. We assume no obligation to, and do not currently intend to, update these forward-looking statements.
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