America Online 2012 Annual Report Download - page 18
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Table of Contents
The risks and uncertainties described below are those which we consider material and of which we are currently aware. In addition, this Annual
Report contains forward-looking statements that involve risks and uncertainties. You should carefully read the section “Cautionary Statement
Concerning Forward-Looking Statements”.
If any of the following events occur, our business, financial condition or results of operations could be materially and adversely affected and the
trading price of our common stock could materially decline.
Our focus on our online advertising-supported business model involves significant risks.
We face intense competition in all aspects of our business.