the order guidance will be seen as lukewarm as street expectations had hiked growth guidance beyond what was reasonably predictable.
Looks like all of AMAT's peers (including NVLS) closed green while VSEA was down just a little bit -
AMAT would need relatively little uptick in Korea assuming the other regions would remain flat
New orders of $2.62 billion for the fourth fiscal quarter of 2004 increased 7 percent from $2.46 billion for the third fiscal quarter of 2004, and increased 105 percent from $1.28 billion for the fourth fiscal quarter of 2003. Regional distribution of new orders for the fourth fiscal quarter of 2004 was: Taiwan 25 percent, Japan 20 percent, North America 17 percent, Korea 16 percent, Southeast Asia and China 11 percent, and Europe 11 percent. Backlog at the end of the fourth fiscal quarter of 2004 was $3.37 billion, compared to $2.99 billion at the end of the third fiscal quarter of 2004.
New orders of $1.69 billion for the fourth fiscal quarter of 2005 increased 15 percent from $1.47 billion for the third fiscal quarter of 2005, and decreased 35 percent from $2.62 billion for the fourth fiscal quarter of 2004. Regional distribution of new orders for the fourth fiscal quarter of 2005 was: Taiwan 31 percent, North America 23 percent, Japan 17 percent, Europe 14 percent, Korea 8 percent, and Southeast Asia and China 7 percent. Backlog at the end of the fourth fiscal quarter of 2005 was $2.57 billion, compared to $2.61 billion at the end of the third fiscal quarter of 2005
"It has long been the firm's view that we would not see a huge uptick from foundries until a bit later, maybe not even until Q1 2006."
Though not conclusive it appears that TW region is actually doing OK;
what really caught my eye is the low level in Korea but we know expansion plans are pending.
TW 655(25) 523 (31)
US 524(17) 389 (23)
J 445(20) 287 (17)
K 419(16) 135 (8)
RoW 288(11) 118 (7)
E 288(11) 236 (14) |
