How well can one copy an arbitrary qubit? To answer this question we c
onsider two arbitrary vectors in a two-dimensional state space and an
abstract copying transformation which will copy these two vectors. If
the vectors are orthogonal, then perfect copies can be made. If they a
re not, then errors will be introduced. The size of the error depends
on the inner product of the two original vectors. We derive a lower bo
und for the amount of noise induced by quantum copying. We examine bot
h copying transformations which produce one copy and transformations w
hich produce many, and show that the quality of each copy decreases as
the number of copies increases.