APPLIED MATERIALS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)


Three Months Ended Fiscal Year Ended

(In thousands, except per share data) April 28,
1996
April 30,
1995
April 28,
1996
April 30,
1995

Net sales $ 1,127,855 $ 675,439 $ 2,168,435 $ 1,181,547
Cost and expenses:
Cost of products sold 586,564 370,429 1,130,344 638,525
Research, development and engineering 124,918 73,393 235,270 133,389
Marketing and selling 80,587 51,901 157,869 96,046
General and administrative 54,820 34,822 104,375 66,640




Income from operations 280,966 144,894 540,577 246,947
Interest expense 4,917 5,881 10,085 11,634
Interest income 9,829 5,040 19,426 9,983




Income from consolidated
companies before taxes
285,878 144,053 549,918 245,296
Provision for income taxes 100,057 50,418 192,471 85,853




Income from consolidated companies 185,821 93,635 357,447 159,443
Equity in net income/(loss) of joint venture -- -- -- --




Net income $ 185,821 $ 93,635 $ 357,447 $ 159,443




Earnings per share $ 1.01 $ 0.54 $ 1.94 $ 0.92




Average common shares
and equivalents
183,699 173,406 183,921 173,010



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