Applied has record quarter; expects to beat it in Q4.

Applied Materials, 50 years old in November, had a record Q3 with y-o-y sales up 33% at $3.74 billion for a net profit of $925 million. For Q4, Applied expects revenues of $3.85 billion to $4 billion. Applied generated $1.37 billion cash in Q3. Semiconductor manufacturing equipment sales constituted $2.5 billion of the total. Of ...

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