The downturn in revenues and earnings reported for the end of 2001 by the Applied Biosystems Group (ABI) of Applera Corp. , surprising as it was given the company's more bullish guidance for growth three months earlier, has more to do with a change in the industry than events at ABI, according to Applera chairman Tony White.
White attributed the one-cent drop in ABI's earnings for its second quarter, ended December 31, 2001, and a $4.8 million decline in revenues, to an 80% drop in revenues from...
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