Symantec 2009 Annual Report Download - page 82

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• Enterprise customers’ tendency to negotiate site licenses near the end of each quarter
• Cancellation, deferral, or limitation of orders by customers
• Movement in interest rates
• The rate of adoption of new product technologies and new releases of operating systems
• Weakness or uncertainty in general economic or industry conditions in any of the multiple markets in which
we operate that could reduce customer demand and ability to pay for our products and services
• Political and military instability, which could slow spending within our target markets, delay sales cycles,
and otherwise adversely affect our ability to generate revenues and operate effectively
• Budgetary constraints of customers, which are influenced by corporate earnings and government budget
cycles and spending objectives
• Disruptions in our business operations or target markets caused by, among other things,
• Earthquakes, floods, or other natural disasters affecting our headquarters located in Silicon Valley,
California, an area known for seismic activity, or our other locations worldwide
• Acts of war or terrorism
• Intentional disruptions by third parties
• Health or similar issues, such as a pandemic
Any of the foregoing factors could cause the trading price of our common stock to fluctuate significantly.
Our stock price may be volatile in the future, and you could lose the value of your investment.
The market price of our common stock has experienced significant fluctuations in the past and may continue to
fluctuate in the future, and as a result you could lose the value of your investment. The market price of our common
stock may be affected by a number of factors, including:
• Announcements of quarterly operating results and revenue and earnings forecasts by us that fail to meet or be
consistent with our earlier projections or the expectations of our investors or securities analysts
• Announcements by either our competitors or customers that fail to meet or be consistent with their earlier
projections or the expectations of our investors or securities analysts
• Rumors, announcements, or press articles regarding our competitors’ operations, management, organiza-
tion, financial condition, or financial statements
• Changes in revenue and earnings estimates by us, our investors, or securities analysts
• Accounting charges, including charges relating to the impairment of goodwill
• Announcements of planned acquisitions or dispositions by us or by our competitors
• Announcements of new or planned products by us, our competitors, or our customers
• Gain or loss of a significant customer
• Inquiries by the SEC, NASDAQ, law enforcement, or other regulatory bodies
• Acts of terrorism, the threat of war, and other crises or emergency situations
• Economic slowdowns or the perception of an oncoming economic slowdown in any of the major markets in
which we operate
The stock market in general, and the market prices of stocks of technology companies in particular, have
experienced extreme price volatility that has adversely affected, and may continue to adversely affect, the market
price of our common stock for reasons unrelated to our business or operating results.
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