Symantec 2001 Annual Report Download - page 3

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With the acquisition of AXENT Technologies in fiscal 2001,
Symantec now has the breadth and scope necessary to help
organizations and individuals around the world deal with
every type of security threat. We currently offer the industry’s
widest range of Internet security solutions and services,
and our security response capability is second to none.
In fiscal 2001, Symantec achieved record pro forma results.
Sales grew to $944.2 million, net income grew 29% to $184.2
million and earnings per diluted share grew 25% to $2.35.
Our execution was strong around the world, with 43% of
our sales coming from outside North America. We expanded
our global reach to 37 countries. Our enterprise revenue
grew 21% year-over-year, accounting for 64% of our total
revenues, and all our consumer products maintained market
leadership positions.
As a result of hard work by the entire Symantec team, we’ve
been able to dramatically grow our enterprise business
while still holding our own in a tough consumer market.
Without the contributions of everyone at Symantec, our
accomplishments in 2001 would not have been possible.
We also value the support of our customers and business
partners worldwide.
I believe when customers choose a security partner, their
decision comes down to four key factors: technology,
services, response and, most important, trust. Although
many security companies can meet one or two of these
requirements, few are able to satisfy them all. Symantec’s
enhanced ability to deliver on the first three means we’re
better able to achieve the fourth . . . our customers’trust.
In the future, the top company in the security industry
will be the one with the expertise and resources to deal
with the increasing number and complexity of security
threats. I’m convinced Symantec is uniquely positioned
as the security partner of choice for enterprises, service
providers, smaller businesses and individuals. In fact, one
thing that sets Symantec apart is our dedication to serving
both enterprise and individual customers.
symantec 2001__01
dear fellow shareholders, From the
boardroom to the living room, Internet security is one of today’s hottest topics. IT
executives and home PC users alike worry about destructive e-mail viruses,
data theft, website disruption, privacy violations and the many other hazards of
life in a networked world.