And finally there's Xerox Innovation with five centers in the United States, Canada and Europe.Note that 6% of revenue was dedicated to research and development last year as the key part of our mission statement is, and I quote, "to help people find better ways to do great work."  Ok, let's move on to look at Xerox around the world in a little more detail. Take a look at this chart, which shows revenue by region. So about half our revenue is from the U.S. market. Then Europe with over $5 billion and the rest of the world with over two. One thing I'd like to point out is... 

Finally, how is the market for the document industry looking?  Well, it would be unrecognizable to the people who founded the original company in 1906 and even compared to the second half of the 20th century. More and more offices are moving from black and white printing to color and from paper documents to electronic documents.  These are clearly the future opportunities and areas of growth in what is a total market worth an estimated $112 billion…So that brings me to the end of my presentation. Thanks for listening. I hope it's been of interest. Are there any questions?





注意，去年百分之六的收益作为重要投资用于研究和开发上的，我引用一下，即“作为员工怎么用最好的方式作出最有效的工作”。 所以，我们收益的一半都是来自美国市场，欧洲50亿，剩下的国家超过百分之二。 但是，我们无法找出1906年成立最初的公司的那个人，甚至二十世纪下半年都没有办法相比拟。越来越多的公司将文件从黑白打印变成彩印，从纸质文档变成电子文档。 我的演讲结束了，非常感谢大家来听，希望大家感兴趣。