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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (24715)	11/17/2010 9:00:05 PM
From: Paul V.	Read Replies (1) \| Respond to of 25522

<g>Applied Materials Q4 profit zooms to $468M Silicon Valley / San Jose Business Journal Date: Wednesday, November 17, 2010, 4:12pm PST Applied Materials Inc. on Wednesday reported fourth quarter net income of $468 million, or 35 cents a share, compared to $138 million, or 10 cents a share in the same period last year. Santa Clara-based Applied (NASDAQ:AMAT) had $2.89 billion in revenue, compared to the year-ago quarter's $1.53 billion. Excluding items, the company would have earned $476 million, or 36 cents a share. Analysts expected, on average, earnings of 31 cents a share on revenue of $2.595 billion. “Applied ended a very strong year by delivering results that exceeded our expectations in the fourth quarter,” said CEO Mike Splinter. “We are seeing strong momentum in our business as we enter 2011, fueled by accelerated innovation and market share gains.” Looking ahead, Applied expects first quarter revenue to be down in the range of 8 percent to 15 percent quarter over quarter. Read more: Applied Materials Q4 profit zooms to $468M \| Silicon Valley / San Jose Business Journal What will AMAT price do tomorrow?

To: Sun Tzu who wrote (24715)	11/18/2010 10:58:37 PM
From: etchmeister	Read Replies (1) \| Respond to of 25522

GM and Ford turned on a dime - GM now focused on its core business - build better car. Good job current admin but they are still holding the bag - the people just do not comprehend that the construction jobs won't come back soon. OK the FED prints money but how can one expect to grow the US economy based on family housing?