Xerox continues its long tradition of innovation. Guess how many Xerox employees have been granted five or more patents? See this article for the answer: http://news.xerox.com/pr/xerox/xerox-patents-in-2010-jump-by-46-percent.aspx. I foresee lots of cool, new, productive products from Xerox in the future!
Xerox ended the year on a high note.
Fourth-quarter GAAP earnings per share of 12 cents; adjusted EPS of 29 cents
Total revenue up 42 percent as reported, up 3 percent constant currency pro forma
Fourth-quarter operating cash flow of $1.3 billion; $2.7 billion for full year
Operating margin of 10.4 percent, up one point pro forma
Full-year 2010 GAAP earnings per share of 43 cents; adjusted EPS of 94 cents