Company Profile For Symantec Corporation

Symantec Corporation (Symantec) provides security, storage and systems management solutions to help businesses and consumers secure and manage their information. The Company conducts its business in three geographic regions: Americas, which includes United States, Canada, and Latin America; EMEA, which includes Europe, the Middle East and Africa, and Asia Pacific Japan (APJ). Its delivery network includes direct, inside, and channel sales resources that support its ecosystem of more than 40,000 partners, as well as various relationships with original equipment manufacturers (OEMs), Internet service providers (ISPs), and retail and online stores. It provides customers with software and services that protect, manage and control information risks related to security, backup and recovery, storage, compliance, and systems management. The Company operates primarily in three markets within the software sector: security, storage and systems management.

BRIEF: For the twenty six weeks ended 2 October 2009, Symantec Corporation's revenues decreased 8% to $2.9B. Net income decreased 25% to $223M. Revenues reflect a decrease in income from content, subscriptions & maintenance sales and lower licenses income. Net income also reflects an increase in amortization of other purchased intangible assets, a rise in restructuring expenses and lower interest income.