This Webcast contains forward-looking statements, including those regarding Applied’s markets, industry trends, opportunities, growth strategies, share positions, technologies, cost structure, profitability, tax rate, and Q’3 business outlook, and all other statements that are not historical facts. These statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including: uncertain global economic and industry conditions; demand for electronic products and semiconductors; customers’ utilization rates and new technology and capacity requirements; variability of operating expenses and results among our segments caused by differing conditions in served markets; the concentrated nature of our customer base; Applied’s ability to (i) develop, deliver and support a broad range of products and expand its markets, (ii) timely align its cost structure with business conditions and achieve the objectives of cost-reduction activities, (iii) plan and manage its resources and production capability, (iv) obtain and protect IP, (v) attract, motivate and retain key employees, and (vi) accurately forecast future operating and financial results, which depends on multiple assumptions; and other risks described in our most recent Form 10-Q. All forward-looking statements are based on management’s estimates, projections and assumptions as of May 16, 2013, and Applied undertakes no obligation to update any forward-looking statements.
This Webcast also contains non-GAAP adjusted financial measures. Reconciliations of non-GAAP measures to GAAP measures are provided in today's earnings release and financial slides, available on the Investor Page at www.appliedmaterials.com.
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