Definition of Complicant
Comīpli`cant
a. 1. (Zool.) Overlapping, as the elytra of certain beetles.
Let's just say that new viruses are the most important part of Symantec's business.
...and are the motivator for the consumer/purchaser
..and I'll have nothing to do with a product that is so dependent on such 'collateral enterprises' that still can't protect you from what happened to OZZ.
Opinions about APPLE products are shared by many:
As of July 2011, Apple has 357 retail stores in ten countries,[5] and an online store.[6] It is the largest publicly traded company in the world by market capitalization,[7]
overtopping ExxonMobil by some $60 billion, as well as the largest technology company in the world by revenue and profit, worth more than Google and Microsoft combined.
Our Business
Symantec is a global provider of security, storage, and systems management solutions that help businesses and consumers secure and manage their information. We provide customers worldwide with software and services that protect, manage and control information risks related to security, data protection, storage, compliance, and systems management. We help our customers manage cost, complexity, and compliance by protecting their IT infrastructure as they seek to maximize value from their IT investments.
Our Operating Segments
Our operating segments are significant strategic business units that offer different products and services, distinguished by customer needs. Since the fourth quarter of fiscal 2008, we have operated in five operating segments:
Consumer, Security and Compliance, Storage and Server Management, Services, and Other. During the first quarter of fiscal year 2012, we modified our segment reporting structure to more readily match our operating structure. For further descriptions of our operating segments, see Note 11 of the Notes to Condensed Consolidated Financial Statements in this quarterly report. Our reportable segments are the same as our operating segments.
Financial Results and Trends
Revenue increased by $111 million and $532 million for the three and nine months ended December 30, 2011 as compared to the same periods last year. As more fully described below in "Results of Operations", we experienced growth across all segments except for the Services and the Other segment. We also experienced a favorable foreign exchange effect on our international revenue of approximately $8 million and $158 million for the three and nine months ended December 30, 2011 as compared to the same periods last year.
Our salaries and wages expense increased by $48 million and $230 million for the three and nine months ended December 30, 2011 as compared to the same periods last year. The higher salaries and wages are primarily attributable to an increase in the number of employees to support growth in our business. We also experienced an adverse foreign exchange effect on our expenses of approximately $1 million and $81 million for the three and nine months ended December 30, 2011, respectively, as compared to the same periods last year. Our net income was $240 million and $613 million for the three and nine months ended December 30, 2011, respectively.