M$年度报告摘要

重新分段。
We may not be able to adequately protect our intellectual property rights. Protecting our global intellectual property rights and combating unlicensed copying and use of software and other intellectual property is difficult.
While piracy adversely affects U.S. revenue, the impact on revenue from outside the U.S. is more significant, particularly in countries where laws are less protective of intellectual property rights.
As a result, our revenue in these markets may grow slower than the underlying PC market. Similarly, the absence of harmonized patent laws makes it more difficult to ensure consistent respect for patent rights.
Throughout the world, we actively educate consumers about the benefits of licensing genuine products and obtaining indemnification benefits for intellectual property risks, and we educate lawmakers about the advantages of a business climate where intellectual property rights are protected.
However, continued educational and enforcement efforts may fail to enhance revenue. Reductions in the legal protection for software intellectual property rights could adversely affect revenue.

没人挽？
翻译自Google Translate:
我们可能无法充分保护我们的知识产权。我们的全球知识产权保护和打击无牌复制和使用软件和其他知识产权是困难的。
虽然的盗版造成不利影响美国的收入，收入来自美国以外的影响更加显着，特别是在国家的法律是保护知识产权。
因此，我们在这些市场的收入增长速度比底层的PC市场。同样，由于没有统一的专利法使之更难以确保一贯尊重专利权。
在世界各地，我们积极教育消费者关于授权正版产品的好处和获得赔偿的知识产权风险的好处，教育立法者有关保护知识产权的商业环境的优势。
然而，持续的教育和执法努力可能会失败，以增加收入。软件知识产权的法律保护造成不利影响减少收入。

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