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EMC's CEO Discusses Q4 2011 Results - Earnings Call Transcript

EMC ( EMC ) Q4 2011 Earnings Call January 24, 2012 8:30 AM ET

Operator

Good morning, and welcome to the EMC Fourth Quarter 2011 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. If you have any objections, you may disconnect at this time. I would now like to introduce your host, Mr. Tony Takazawa, Vice President, Global Investor Relations of EMC.

Tony Takazawa

Thank you. Good morning, welcome to EMC's call to discuss our financial results for the fourth quarter of 2011. Today, we are joined by EMC Chairman and CEO, Joe Tucci, and David Goulden, EMC Executive Vice President and CFO. To kick things off, David will comment on the results that we released this morning. He will highlight some of EMC's activities this quarter and he will discuss our outlook for 2012. Joe will then spend some time discussing his view of what is happening in the economy and IT, EMC's execution of our strategy and how EMC is helping customers navigate the massive transformation happening in IT to cloud and Big Data. After the prepared remarks, we will then open up the lines to take your questions. I would like to point out, today we are providing you with a very detailed projected financial model for 2012. This new model lays out all of the key financial assumptions that are the foundation of our 2012 expectations. We hope that you find this model helpful in understanding our assumptions and context and in ensuring that these expectations are correctly incorporated into your models. This model is included in today's slide presentation that you can see during the webcast and it is also available for download in the Investor Relations section of emc.com. In addition, please note that we will be referring to non-GAAP numbers in today's presentation unless otherwise indicated. A reconciliation of our non-GAAP comments to our GAAP results can be found in the disclosure today, in our press release, supplemental schedules, and the slides that accompany our presentation. All of these are available on emc.com. The call this morning will contain forward-looking statements, and information concerning factors that could cause actual results to differ can be found in EMC's filings with the U.S. Securities and Exchange Commission. And lastly, I will note that an archive of today's presentation will be available following the call.

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