Symantec 2009 Annual Report Download - page 96

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Included in the increase noted above is $194 million due to the sales of new products and services from our Altiris
acquisition for which there is no comparable revenue in the prior period. The increase is also due to a favorable
foreign currency impact. We also benefited in fiscal 2008 from a higher deferred revenue balance compared to fiscal
2007.
Content, subscriptions, and maintenance revenues
Fiscal
2009 $ %
Fiscal
2008 $ %
Fiscal
2007
2009 vs. 2008 2008 vs. 2007
($ in thousands)
Content, subscriptions, and
maintenance revenues ..... $4,862,287 $300,721 7% $4,561,566 $643,994 16% $3,917,572
Percentage of total revenue . . . 79% 78% 75%
Content, subscriptions, and maintenance revenues increased for fiscal 2009 as compared to fiscal 2008
primarily due to an aggregate increase in revenue from the Storage and Server Management and Services segments
of $246 million. The increase in these two segments’ revenue is largely attributable to demand for our Storage and
Server Management products and consulting services as a result of increased demand for security and storage
solutions. This increased demand was driven by the proliferation of structured and unstructured data, and increasing
sales of services in conjunction with our license sales as a result of our focus on offering our customers a more
comprehensive IT solution. Furthermore, growth in our customer base through acquisitions and new license sales
results in an increase to Content, subscriptions, and maintenance revenues because a large number of our customers
renew their annual maintenance contracts.
Content, subscriptions, and maintenance revenues increased in fiscal 2008 as compared to fiscal 2007
primarily due to an increase of $394 million in revenue related to enterprise products and services, excluding
acquired Altiris products. This increase in enterprise product and services revenue was largely attributable to higher
amortization of deferred revenue, as a result of our larger deferred revenue balances during fiscal 2008 compared to
fiscal 2007. In addition, Content, subscriptions, and maintenance revenues increased from sales of new products
from our Altiris acquisition for which there is no comparable revenue in the prior period. The increase is also due to
a favorable foreign currency impact for fiscal 2008 compared to fiscal 2007.
Licenses revenue
Fiscal
2009 $ %
Fiscal
2008 $ %
Fiscal
2007
2009 vs. 2008 2008 vs. 2007
($ in thousands)
Licenses revenues ........... $1,287,567 $(25,286) (2)% $1,312,853 $31,059 2% $1,281,794
Percentage of total net
revenues ................ 21% 22% 25%
Licenses revenues decreased slightly for fiscal 2009 as compared to fiscal 2008 primarily due to a decrease in
revenue related to our Security and Compliance products offset by an increase in revenue related to our Storage and
Server Management products. The decreases in Security and Compliance license revenues are primarily a result of
the challenging economic environment and a decline in demand from small and medium businesses. Offsetting
increases in Storage and Server Management license revenues are a result of increased demand for storage solutions
driven by the proliferation of structured and unstructured data.
Licenses revenue increased in fiscal 2008 as compared to fiscal 2007 primarily due to an increase from the
sales of new products from our Altiris acquisition for which there is no comparable revenue in the prior period and a
favorable foreign currency impact.
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