789019--7/30/2010--MICROSOFT_CORP

related topics
{system, service, information}
{property, intellectual, protect}
{product, market, service}
{tax, income, asset}
{operation, international, foreign}
{operation, natural, condition}
{product, liability, claim}
{personnel, key, retain}
{product, candidate, development}
{financial, litigation, operation}
{condition, economic, financial}
{acquisition, growth, future}
The cloud-based computing model presents execution and competitive risks. Challenges to our business models may reduce our revenues or operating margins. We may not be able to adequately protect our intellectual property rights. Third parties may claim we infringe their intellectual property rights. We may not be able to protect our source code from copying if there is an unauthorized disclosure of source code. Security vulnerabilities in our products and services could lead to reduced revenues or to liability claims. Improper disclosure of personal data could result in liability and harm our reputation. We may experience outages, data loss and disruptions of our online services if we fail to maintain an adequate operations infrastructure. We are subject to government litigation and regulatory activity that affects how we design and market our products. Our business depends on our ability to attract and retain talented employees. Delays in product development schedules may adversely affect our revenues. We make significant investments in new products and services that may not be profitable. Adverse economic conditions may harm our business. We have claims and lawsuits against us that may result in adverse outcomes. We may have additional tax liabilities. Our vertically-integrated hardware and software products may experience quality or supply problems. If our goodwill or amortizable intangible assets become impaired we may be required to record a significant charge to earnings. We operate a global business that exposes us to additional risks. Catastrophic events or geo-political conditions may disrupt our business. Acquisitions and joint ventures may have an adverse effect on our business.

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