This Webcast contains forward-looking statements, including those regarding Applied's performance, products, strategies, opportunities, market positions, industry outlooks, announced business combination with TEL, and business outlook, as well as other statements that are not historical facts. These statements and their underlying assumptions are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including uncertain global economic and industry conditions; end-demand for electronic products and semiconductors; customers; new technology and capacity requirements; the timing and nature of technology transitions; the concentrated nature of Applied's customer base; Applied's ability to (i)develop, deliver and support a broad range of products and expand its markets, (ii) achieve the objectives of operational and strategic initiatives, (iii)obtain and protect IP rights in key technologies, (iv)attract, motivate and retain key employees, (v) successfully complete the announced business combination and realize expected benefits and synergies, and (vi)accurately forecast future results, which depends on multiple assumptions; and other risks described in Applied's SEC filings, including its most recent Forms 10-Q and 8-K. All forward-looking statements are based on management's estimates, projections and assumptions as of November 13, 2014, and the company undertakes no obligation to update any forward-looking statements.
This call 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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