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Silicon Systems Group performance drives strong sequential growth in orders and net sales
May 17, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Applied Materials, Inc. reported results for its second quarter of fiscal 2012 ended April 29, 2012. Applied generated orders of $2.77 billion and net sales of $2.54 billion. Non-GAAP operating income was $490 million, and non-GAAP net income was $349 million or 27 cents per share. GAAP operating income was $409 million, and GAAP net income was $289 million or 22 cents per share. “Our strong performance in the quarter was driven by growing global demand for mobile products such as sm...
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