APPLIED MATERIALS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)

Three Months Ended


(In thousands,except per share data) January 28,
1996
January 29,
1995

Net sales $ 1,040,580 $ 506,108
Costs and expenses:
  Cost of products sold 543,780 268,096
  Research, development and engineering 110,352 59,996
  Marketing and selling 77,282 44,145
  General and administrative 49,555 31,818


Income from operations 259,611 102,053
Interest expense 5,168 5,582
Interest income 9,597 4,772


Income from consolidated companies before taxes 264,040 101,243
Provision for income taxes 92,414 35,435


Income from consolidated companies 171,626 65,808
Equity in net income/loss of joint venture -- --


Net income $ 171,626 $ 65,808


Earnings per share $ 0.93 $ 0.38


Average common shares and equivalents 184,001 172,616



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