Order and Backlog Summary:
New orders totaled $649 million and were generated in the following regions: North America 20%, Taiwan 19%, Europe 19%, Japan 16%, Korea 13%, and Southeast Asia and China 13%. Backlog at the end of the period was $3.16 billion, down from $4.05 billion at the end of the first quarter of fiscal 2009.
“In a period of exceptionally weak demand, Applied preserved its strong balance sheet, returned a dividend to our stockholders and made substantial investments in our future,” said Mike Splinter, chairman and chief executive officer.
