TITLE

Applied Q4 sales dip, revenue expected to be lower for Q1

AUTHOR(S)
Mutschler, Ann Steffora
PUB. DATE
November 2007
SOURCE
Electronic News;11/19/2007, Vol. 53 Issue 47, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reveals the financial results of Santa Clara, California-based semiconductor manufacturing equipment leader Applied Materials Inc. The company reported record net sales for its 2007 fiscal year of $9.73 billion, 6 percent above $9.17 billion for fiscal 2006, while fiscal fourth quarter net sales fell 6 percent to $2.37 billion. Net income for the year was $1.71 billion, or $1.20 per diluted share, up from $1.52 billion, or 97 cents per diluted share, for fiscal 2006.
ACCESSION #
27620358

 

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