Great charts. At the risk of sounding too bullish, the form resembles early to mid 1999... with IoT providing the new market for the next big growth spurt.
If someone had infinite time, it would be interesting to do charts back to the 1980s showing the total chip sales for
Autos (we started selling chips and fiber optic to auto market in the late 80s I believe)
Calculators and Palm Pilot information devices
Wifi connected devices like surveillance cameras and Nest thermostats
Wearables (20 or so months ago I bought a $600 Garmin triathlon smart watch with two wireless heart rate monitors that I love and use now to help me get more sleep - measure something and it improves.)
IoT - Mites? and other tiny devices that somehow expand and connect to the internet but use low power.
Self driving autos so you can text or watch video (illegally but....) while the car drives
Robots to make coffee and other tasks such as drive you to work.
Intuitively, I know this is just going to keep expanding which is why I got into the business back in the late 1970s... and started to invest extra funds into the industry in the 90s.....
The next purchase on my radar screen is an OLED TV. Ideally, I'd like to get it from Costco but Frys has the latest models and good prices if you buy on their special flyer sale days.
Applied Materials to Present at Upcoming Investor Conferences SANTA CLARA, Calif., Feb. 09, 2017 (GLOBE NEWSWIRE) -- Applied Materials, Inc. announced today that Gary Dickerson, President and CEO, and Robert Halliday, Senior Vice President and CFO, will participate in a question-and-answer session at the Goldman Sachs Technology and Internet Conference in San Francisco on Thursday, February 16 beginning at 8:00 a.m. PT / 11:00 a.m. ET.
Mr. Halliday will also participate in a question-and-answer session at the Morgan Stanley Technology, Media and Telecom Conference in San Francisco on Tuesday, February 28 beginning at 2:05 p.m. PT / 5:05 p.m. ET.
A live audio webcast of these sessions will be available on the Applied Materials website at appliedmaterials.com and a replay of each event will be available for three months.
For people who follow the company can these guys sustain this growth momentum?
If you mean can they produce numbers like this going forward:
I doubt it. Pretty hard to generate #s like that unless you have a really weak quarter for comparison. At the same time, it's not hard to take these statements at face value:
“Applied Materials delivered the highest quarterly revenue and earnings in our history, and we’ve now set new earnings records for four quarters in a row,” said Gary Dickerson, president and CEO. “Across the company we have tremendous momentum as our markets are strong and getting stronger, and we’re sustainably growing faster than these markets by expanding our served opportunity and gaining share.”
(keeping in mind that in this industry, it always looks like the good times will continue forever right before -or at- the peak in the cycle)