Since the beginning of January, a number of our customers have been revising the timing of their capital spending and rescheduling or canceling existing backlog, resulting in the postponement in delivery of equipment, ... Therefore, we expect orders and revenue to be below our original targets.
More Quotes from James Morgan:
What is important for Applied Materials is to prepare for change and focus on building a great global growth company.James Morgan
Our team has done a great job. They're working hard on a global basis to be a world-class company, and we have made a lot of investments in information age projects, ... For example, we spent about 150 million to upgrade our telecommunications and upgrade our information and business processes. So, we see productivity improvements will help us and we see a lot of companies making that kind of investment.
James Morgan
While it may seem objectionable to some that a state official would organize and sponsor a fundraiser, and invite to that fundraiser individuals who do business with the state agency with which the official is associated Wisconsin statutes do not prohibit or restrict those practices.
James Morgan
Our business environment changed dramatically around us in the course of just a few weeks.
James Morgan
The semiconductor industry continues to show signs of improvement in a healthier global economic environment. As the market for computing, consumer communications and Internet-related products continues to grow, we believe Applied Materials, with our technology leadership and global infrastructure, will have an excellent opportunity to capitalize on this growth.
James Morgan
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