AMAT FYQ4: Brighter Times in ’13? Share Gains Debated
Posted on November 16, 2012 at 11:59 AM EST
Shares of chip equipment vendor Applied Materials (AMAT) are down 29 cents, or 2.8%, at $10.02 after the company yesterday reported better-than-expected fiscal Q4 revenue and earnings per share, but missed analysts’ Q1 expectations, noting that the chip market is being affected by the first decline in PC sales in a decade this year, and [...]