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Test Code : 9A0-901
Test title : Flash Lite 1.1 Mobile Developer(R) Certification
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ADOBE glimmer Lite 1.1 Mobile

cellular glimmer apps net more suitable distribution, greater funds | real Questions and Pass4sure dumps

In strengthen of this week’s cellular World Congress in Barcelona, Adobe is making a number of bulletins to motivate builders to construct purposes the exercise of its glimmer and AIR systems. The largest announcements are a recent distribution fashion for glimmer Lite (the cell version of Flash) and a brand recent $10 million fund for the pile of glimmer and AIR apps.

mobile devices look to breathe the subsequent huge frontier for Adobe’s Flash, which powers a whole lot of the media and functions on the internet, and AIR, which does the same for applications that toil backyard the internet browser. more than a thousand million gadgets are estimated to bear shipped with glimmer Lite through the conclusion of this quarter, however Adobe has yet to Make glimmer as predominant within the cellular world because it is on middling computer and desktop computer systems. That’s one of the most dreams of the Open screen mission spearheaded by means of Adobe, which is supposed to succor builders Make glimmer and AIR purposes that toil throughout many contraptions.

the brand recent distribution comes in the benign of the Adobe glimmer Lite Distributable participant. Adobe says the participant makes it even more straightforward to net glimmer Lite and its purposes on your mobile. developers can now deliver their purposes without dilatory to obvious cellular contraptions, and users can down load each the software and the latest version of glimmer Lite on the same time. The participant works with a few utility aggregators, including GetJar, Thumbplay, and Zed, and is launching in testing mode nowadays on windows mobile and Nokia S60 gadgets. That’s a earnest progress over the historical model of downloading glimmer Lite first, then downloading the utility.

Adobe and Nokia bear also created a $10 million Open display challenge fund to assist businesses that build applications that toil on Nokia gadgets and exercise glimmer or AIR. right here’s what they’re attempting to find: “purposes will breathe reviewed for a pass inventive and compelling the user adventure is, how robust the software or planned implementation is, and how neatly it exploits the capabilities and lines of Nokia contraptions, Adobe Flash, and Adobe AIR.”

There’s nevertheless no precise note, however, on bringing glimmer to Apple’s iPhone, which has been a relentless supply of hypothesis for the previous 12 months. final November, Adobe Chief know-how Officer Kevin Lynch stated the traffic has created an iPhone version of glimmer however is waiting for approval from Apple. meanwhile, Apple has been encouraging developers to create applications the usage of JavaScript as opposed to glimmer or Microsoft’s competing platform Silverlight. So Apple evidently isn’t embracing glimmer on the iPhone, but they don’t breathe sensible of if it'll nigh the door completely.

Microsoft's License of Adobe glimmer Lite for mobile devices is first rate for patrons | real Questions and Pass4sure dumps

No outcome found, try recent key phrase!had licensed Adobe's glimmer Lite application in order that glimmer primarily based content might breathe able to breathe considered within internet Explorer on future models of Microsoft windows cell phones. whereas glimmer Lite itself d...

S60 5th edition Sees fb customer, glimmer Lite three.1 | real Questions and Pass4sure dumps

cellphone users who personal a Symbian S60 fifth edition-powered handset bear now two reasons to bear a helpful time, as each a facebook application particularly developed for them and glimmer Lite three.1 are available, coming without dilatory from Adobe. the recent facebook client will also breathe institute on the Ovi rescue and comes as a web Runtime widget, while glimmer Lite may also breathe up to date to the newest version through the “App replace” utility.

What the recent glimmer Lite 3.1 provides clients of S60 fifth version phones with comprises more suitable web searching (ninety one% of excellent 500 cyber web websites, says Adobe), glimmer 9 (AS2 only) support, local Connection / HTML text / GetURL_target / CSS champion / WMode, H.264 guide, better video aid (smoothing, are seeking), enhanced memory dealing with for images, MP3 streaming aid, succor for hardware acceleration (Flash Lite 3.1 helps OpenVG 1.1 to enrich glimmer rendering performance on ready devices), and Linux Reference port.

The better section about the recent edition of glimmer Lite seems to breathe the incontrovertible fact that it can breathe simply rescue in and does not require a restart of the gadget. those that would want to enhance the glimmer efficiency of their device will most effectual should download and set up a 700k file, and they will breathe able to breathe pleased a leveraged internet adventure on their handset right away.

As for the facebook client for the OS, right here is how the application is described at Ovi store: “fb for Nokia S60 contact allows you to hold up together with your chums redress at your fingertips. update your repute, contemplate what your friends are up to, upload photographs, check messages and search for mobilephone numbers in case you want them each time and anyplace. fb allows you to observation on your friend’s statuses, RSVP to undergo invitations and authenticate or negate pal requests. The facebook for Nokia S60 brings facebook at once to your phone. If facebook is not purchasable for your machine, tickle assess Ovi save.”

folks that would enjoy to are attempting out the brand recent fb application can discover it as a free down load on Ovi store, which will also breathe accessed either from a laptop pc, by means of this hyperlink, or without dilatory from the mobile phone, here. the blokes from flawless About Symbian already played around with the app and additionally published some shots with it, so that you can contemplate it at toil here.

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Dell Technologies (DVMT) on Q1 2018 Results - Earnings summon Transcript | real questions and Pass4sure dumps

No result found, try recent keyword!Our ISG traffic saw revenue growth in PowerEdge servers and strengthened their newer solutions, including all-flash arrays, hyperconverged systems ... shares of Class V common stock for a total of $1.1 ...

Align Technology, Inc. (ALGN) Q4 2018 Earnings Conference summon Transcript | real questions and Pass4sure dumps

Image source: The Motley Fool.

Align Technology, Inc. (NASDAQ: ALGN)Q4 2018 Earnings Conference CallJan. 29, 2019, 4:30 p.m. ET

Greetings and welcome to the Align Technology Q4 Full-Year Earnings Call. At this time, flawless participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, tickle press "*0" on your telephone keypad. As a reminder, this conference is being recorded.

I would now enjoy to whirl the conference over to Shirley Stacy with Align. Thank you. tickle begin.

Good afternoon and thank you for joining us. I'm Shirley Stacy, Vice President of Corporate Communications and Investor Relations. Joining me for today's summon is Joe Hogan, President and CEO, and John Morici, CFO.

We issued fourth quarter and full-year 2018 pecuniary results today via Globe Newswire, which is available at their website at Today's conference summon is also being audio webcast and will breathe archived on their website for approximately 12 months. A telephone replay will breathe available today by approximately 5:30 p.m. Eastern time through 5:30 p.m. Eastern time on February 12. To access the telephone replay, domestic callers should dial 877-660-6853 with conference number 13685779#. International callers should dial 201-612-7415 with the same conference number.

As a reminder, the information that the presenters dispute today will embrace forward-looking statements, including statements about Align's future events, product outlook, and the expected pecuniary results for the first quarter and full-year outlook for 2019. These forward-looking statements are only predictions and involve risks and uncertainties that are set forth in more detail in their most recent periodic reports filed with the Securities and Exchange Commission. Actual results may vary significantly and Align expressly assumes no responsibility to update any forward-looking statement.

We bear posted historical pecuniary statements, including the corresponding reconciliations, and their fourth quarter and full-year 2018 conference summon slides on their website under "Quarterly Results." tickle mention to these files for more particular information.

With that, I'll whirl the summon over to Align Technology's President and CEO, Joe Hogan. Joe?

Joseph M. Hogan -- President and Chief Executive Officer

Thanks, Shirley. helpful afternoon and thanks for joining us. On their summon today, I'll provide some highlights from the fourth quarter and plenary year, then briefly dispute the performance of their two operating segments, lucid aligners and intraoral scanners. John will provide more detail on their pecuniary results, dispute their outlook for the first quarter, and share their thoughts for 2019. Following that, I'll Come back and summarize a few key points and open up the summon to questions.

Our fourth quarter was a tough finish to a mighty year. Q4 revenues were better than expected, reflecting higher Invisalign ASPs and volume growth of 31% year-over-year, as well as another record quarter for iTero scanners, with revenue up 55% year-over-year. Q4 sequential growth was driven by a tough quarter for EMEA, with record growth for teens, as well as continued traction with Invisalign Lite and I Go.

Q4 operating margin of 22.6% reflects higher doctor training and manufacturing costs, as well as higher legal fees than anticipated, partially offset by sequential improvement in Invisalign ASPs. For the quarter, they trained a record 5,270 recent doctors in Q4, which includes about 3,000 international doctors of which half were in EMEA and half were in APAC.

For the year, they achieved record revenues of nearly $2 billion and had over 1.2 million people start treatment with Invisalign lucid aligners for the first time, resulting in their sixth millionth Invisalign patient, a teenager from China. These results reflect record revenues and volumes for both Invisalign and iTero across customer channels and country markets and continued might from teens, which grew 40%. The total number of teenagers treated with Invisalign this year was over 330,000, representing 27% of their volume.

Finally, in 2018, they trained a record number of recent Invisalign doctors, nearly 20,000 worldwide, and for the first time, more than half of them were international doctors.

Now, let's whirl to the specifics around their fourth quarter results, starting with the Americas region. For the Americas region, Q4 Invisalign case volume increased 21.7% year-over-year and was down sequentially off of record Q3 volumes which benefited from tough uptake of promotions final quarter, predominantly by high-volume Invisalign doctors. On a sequential basis, Q4 reflects growth from the Americas GPs offset by Americas orthos, particularly high-volume doctors. Year-over-year growth for Q4 reflects continued adoption of Invisalign treatment from both orthodontist and GP channels, which were up 24.7% and 17.3% respectively. They also saw helpful growth from their DSO partners across both GPs and orthos, up nearly 50% year-over-year.

For the plenary year, Invisalign volume for the Americas region was up 24.2% compared to 2017. Americas orthos were up 27.2% and Americas GP dentists were up 19.8%, the second highest annual growth rate for orthos and the highest annual growth rate for GPs in six years. For Q4, they trained a record 2,290 recent Invisalign doctors in the Americas region, of which 1,725 were North American doctors and 565 were Latin American doctors. In total, they trained 7,885 recent Invisalign doctors in the Americas in 2018, an extend of 19%.

For their international business, Q4 was a mighty quarter, with Invisalign case volume up 12.2% sequentially, driven by tough growth in the EMEA region offset a bit by seasonality in the Asia Pacific region. On a year-over-year basis, tough Invisalign volume growth of 45.3% reflects increased utilization and continued expansion of their customer basis in both EMEA and the Asia Pacific region. In Q4, they trained nearly 3,000 recent Invisalign doctors internationally, with roughly 50% in EMEA and 50% in APAC.

In EMEA, Q4 was a tough quarter, up 42.7% year-over-year, driven by record Invisalign volumes in flawless country markets as well as tough growth in the teen segment, which was up 75.1% from the prior year, reflecting continued success of their Teen 360 program. For the plenary year, EMEA was up 38.6%, led by Iberia, France, and the UK, as well as their key expansion markets, led by Central and Eastern Europe. During 2018, they went direct in Turkey, Israel, and Russia, adding to their expansion country markets.

For APAC, Q4 was down sequentially, as expected, due to seasonally slower epoch in the region; up 49.3% year-over-year, with record Invisalign volume in almost every country market, led by China, Japan, and ANZ. Q4 results reflect continued tough growth from teenage patients as well as adults, with GP dentists up 77.1% year-over-year. During Q4, they trained 1,530 recent doctors in APAC, of which half were in China. They held several clinical education events across APAC designed to succor extend doctors' assurance and adoption of Invisalign treatment, including how captious the iTero scanner is to practice growth.

For the year, Invisalign volume from the international doctors increased 45%, led by growth from China and their core EMEA country markets. In total, international volumes represented 41% of worldwide Invisalign case shipments. Despite their record results, they are soundless very clearly underpenetrated in APAC overall and specifically in China. As the second largest market for Align, China represents huge growth potential and their capacity to expand and drive penetration across the region relies on their capacity to breathe closer to doctors and their patients, communicate in local language, and, as much as possible, operate enjoy a local company.

Late in Q4, they began fabricating Invisalign aligners in their recent manufacturing facility in Ziyang, China, their first aligner fabrication facility outside of Juarez, Mexico. There's a temporary facility that will breathe replaced by their own pile in 2020. Over the next year, they will continue to build their manufacturing capabilities in Ziyang and ramp up production to serve the rapidly growing Chinese market. However, it will recall a pair of quarters to fully transition aligner production from Juarez to Ziyang and they would hope manufacturing overhead in Ziyang to breathe underutilized during this period.

Product and technology innovation continues to breathe a key growth driver across their regions. Over the past year, they launched several recent Invisalign offerings for both comprehensive and non-comprehensive treatment to give doctors more tools and choices to deal a greater ambit of cases, from adults to teenagers and now even kids as youthful as 7 years old. In mid-2018, they launched a recent Invisalign depart product with a more user-friendly iTero digital chairside undergo and greater flexibility to deal a wider ambit of mild to moderate cases, such as crowded or gapped teeth that require teeth straightening prior to restorative treatments.

We also began offering Invisalign First, designed specifically to address a broad ambit of younger patients, malocclusions, including shorter clinical crowns, management of erupting dentition, and predictable dental arch expansion. We're pleased with the initial uptake and customer feedback. In 2018, they shipped nearly 5,000 Invisalign First cases to over 1,300 doctors, primarily in North America, EMEA, Australia, recent Zealand, and Japan.

And in October, they received FDA approval for Invisalign with mandibular advancement feature in the U.S., which is the only lucid aligner product to prove to simultaneously walk teeth and the mandible in youthful patients. In Q4, they began shipping mandibular advancement in the U.S. Late in the quarter, they were seeing initial uptake along with continued ramp globally. To date, over 17,000 teenagers bear used Invisalign treatment with mandibular advancement, led by China, Canada, France, and Spain.

Overall, for the teen market, in Q4, over 87,000 teenagers started treatment with Invisalign lucid aligners, an extend of 37.3% year-over-year, driven by continued tough adoption across flawless major regions, driven by both the Americas and EMEA regions. For Q4, year-over-year Invisalign teen patient growth for North America orthos increased 23.7% and international doctors were up 63.7%. For the full-year, total teen cases worldwide grew 40.3% to a total of 333,000 teenagers, or 27.1% of their total volume.

Our consumer marketing efforts are designed to build the category and drive exact for Invisalign treatment through a doctor's office. They invest over $100 million each year in consumer marketing and programs, including TV, digital, gregarious media, PR, event marketing, and, more recently, their Patient Concierge and Invisalign undergo program. Their goals are to Make the Invisalign brand a household title worldwide and to motivate consumers to seek Invisalign treatment through a doctor's office.

In Q4, they continued to contemplate tough digital rendezvous with consumers and had nearly 4 million unique visitors on the sites for a total of 17 million over the year. Other key metrics expose increased activity and rendezvous with the Invisalign brand and are included in their fourth quarter slides.

The repercussion of the digital technology on their world, and specifically in their industry, is challenging their customers to evolve just about every aspect of their practice, especially how they engage with consumers and whirl them into patients. What worked for doctors in the past from a marketing, conversion, and workflow perspective will not toil today. Consumers hope more and are demanding different types of digital driven experiences. Many doctors don't know where and how to start. The toil they are doing with their integrated consumer marketing platform, Patient Concierge service, and Invisalign undergo program has given us better insights and information that we're sharing with doctors to succor them reshape their practices.

For example, the Invisalign undergo program is designed to reach consumers in a retail environment where they shop, play, and dine and educate them on the benefits of Invisalign treatment and value of getting a better smirk and connect them with an Invisalign doctor. One of the ways they carry out this is through the Invisalign store, which is owned and operated by Align. Invisalign stores bring the brand directly to consumers in a contemporary, interactive, digital environment. Consumers can browse, put a question to questions, learn about Invisalign treatment and technology and the benefits of straightening their teeth. Visitors are offered a complimentary iTero intraoral 3D scan and a visual simulation of what their smirk might stare enjoy after Invisalign treatment. Interested consumers are connected with a local Invisalign doctor's office of their election to dispute potential treatment options.

By the nigh of 2018, they finished with 12 locations in the United States and these stores are helping us learn more than ever about reducing barriers to treatment for potential patients so that they are excited about getting a better smirk with an Invisalign doctor. In addition to providing potential leads to participating Invisalign practices, we're also seeing a positive halo outcome in increased growth rates for flawless the Invisalign practices in the surrounding district whether they participate in the store network or not. Over the past year, more than 55,000 consumers visited an Invisalign store and nearly 10,000 received a complimentary scan. While they are soundless early in the progress of their Invisalign stores and the overarching Invisalign undergo Program, we're excited about its potential and the positive repercussion they can bear on exact creation for Invisalign practices by engaging directly with consumers.

The Invisalign undergo program is just getting started and continues to evolve. In October, they announced that they were partnering with a few Invisalign doctors in selected U.S. cities to pilot recent ways to reach consumers and connect them directly with doctors to start Invisalign treatment. These Invisalign undergo locations are owned and operated by doctors under a special license from Align and are intended to succor doctors integrate consumer-friendly design and consultation workflow into their practices and test recent Invisalign undergo branding and explore a consumer-focused approach to consultations and Invisalign treatment starts in a variety of settings, including in-office, retail, and mobile. We'll continue to share their learnings as they net more of these pilots up and running.

Finally, I want to disburse a few minutes talking about digital technology and the transformation in their industry from an passe analog process to an end-to-end digital workflow. Align is helping doctors on their digital journey, which starts with an iTero scanner and ends with stronger practices and better smiles for their patients. As a leader in digital orthodontics, they are best positioned to succor Invisalign trained doctors find more efficient ways to drive digitization in their practices and champion those practices and to succor them ameliorate their productivity over time.

To that end, final year they launched Project Pino -- which they bear renamed Adapt: Align Digital and practice Transformation -- with several wee orthodontic clinics across EMEA, APAC, and North America, with the objective to demonstrate that a fully digital practice can breathe productive, efficient, and profitable. The process involves particular analysis of the current practice data and workflows, performed by experts in continuous improvement and workflow.

While it is soundless early, the initial results from the accommodate study are incredibly promising. Based upon the study on practice development, we've Come to the conclusion that to benefit fully from technology and to own the digital transformation of their practices, doctors need to organize their workflows and premises so that approximately 80% of their organization is built around this digital transformation with lucid aligners. This means that doctors who commit to digital transformation bear the potential to carry out more, contemplate more patients, and expand their practice or recall more time off, whatever their goals. With Invisalign plus iTero together, they can succor them contemplate the benefits they want from a fully end-to-end digital workflow.

For iTero scanner and services business, Q4 was a very tough quarter with better than expected revenues, which were up 13% sequentially and 54.8% year-over-year, driven by might in flawless regions and customer channels. Record Q4 volumes reflect continued commercialization of the iTero 2 factor and the factor Flex scanners, especially for restorative GP dentists in North America, the continued rollout of their major DSO partners, and increased sales internationally, including Italy, Japan, and China, where they began manufacturing the iTero factor this past year.

For 2018, they had an outstanding year for iTero scanners with volumes up 77.2% year-over-year. Cumulatively, over 11.5 million orthodontic scans and 3.2 million restorative scans bear started with iTero scanners. exercise of the iTero scanners for Invisalign case submission continues to grow and remains a positive catalyst for Invisalign utilization.

For Q4, total Invisalign cases submitted with a digital scanner in the Americas increased 72.6% from 65.3% in Q4 final year. International scans increased 57.5%, up 41.4% in the same quarter final year. What's really exciting to contemplate is that, within the Americas, 88.7% of cases submitted by North American orthos were submitted digitally. And China went from 0% to 45.9% in one year. This means that within one year or two, nearly flawless Invisalign cases will breathe submitted digitally, primarily through an iTero scanner. We're very excited about the continued progress we've made with the iTero traffic overall and remain confident that it will continue to succor drive their overall growth and succor extend adoption of Invisalign treatment.

With that, I'll now whirl the summon over to John.

John F. Morici -- Chief pecuniary Officer

Thanks, Joe. Now, for their Q4 pecuniary results. Total revenue for the fourth quarter was $534 million, up 5.7% from the prior quarter and up 26.7% from the corresponding quarter a year ago. For the plenary year, revenue of about $2 billion was up 33.5% year-over-year, reflecting a record 1.2 million Invisalign shipments and 31.9% year-over-year growth, with might across flawless regions and customer channels as well as record iTero scanners volume, which was up 77.2%.

For lucid aligners, Q4 revenue of $445.6 million was up 4.3% sequentially on higher than expected Invisalign ASPs and tough Invisalign volume from EMEA. Year-over-year lucid aligner revenue growth of 22.4% reflected tough Invisalign shipment across flawless customer channels and geographies.

Q4 Invisalign ASPs were up sequentially by approximately $5.00 to $1,235.00, reflecting price increases and lower discounts, partially offset by higher growth on non-comprehensive cases, and includes $10.00 of unfavorable singular exchange. On a year-over-year basis, Q4 Invisalign ASPs were down approximately $70.00, reflecting promotional discounts, higher growth on non-comprehensive cases, and includes $25.00 of unfavorable singular exchange, partially offset by price increases.

Total Q4 Invisalign shipments of 333,800 cases were up 4.5% sequentially and up 30.9% year-over-year. For Americas orthodontists, Q4 Invisalign case volume was slightly lower than their Q4 outlook primarily due to longer cycle times in Latin America, and was down 2.9% sequentially and up 24.7% year-over-year. For Americas GP dentists, Invisalign case volume was up 3.2% sequentially and up 17.3% year-over-year. For international doctors, Invisalign case volume was up 12.2% sequentially and up 45.3% year-over-year.

Our scanner and services revenue for the fourth quarter was $88.4 million, up 13% sequentially, due to volume increases in Americas and EMEA. Year-over-year revenue was up 54.8%, primarily due to higher scanner units across regions.

Moving on to unseemly margin, fourth quarter overall unseemly margin was 71.7%, down 1.9 points sequentially and down 3.8 points year-over-year. lucid aligner unseemly margin for the fourth quarter was 74.1%, down 1.2 points sequentially, primarily due to a higher number of aligners per case, higher freight costs reflecting faster international growth, higher training costs due to more doctors trained in the quarter, and manufacturing disburse driven by operational expansion in China, which was partially offset by slightly higher Invisalign ASPs. lucid aligner unseemly margin was down 3.5 points year-over-year, primarily due to higher number of aligners per case, lower ASPs, higher training costs and freight charges, and regional expansion of their manufacturing related activities in China and EMEA. Scanner unseemly margin for the fourth quarter was 59.9%, down 4 points sequentially and down 2.1 points year-over-year, primarily due to manufacturing and freight costs and lower ASPs.

Q4 operating expenses were $262.6 million, up sequentially 6.5% and up 26.1% year-over-year. The sequential extend in operating expenses primarily reflects their continued investment in sales and R&D activities, along with higher legal consulting expenses, partially offset by seasonality lower advertising spending. Year-over-year, the extend in operating expenses reflects higher spending commensurate with growth.

Our fourth quarter operating income was $120.5 million, down 3.8% sequentially and up 9.9% year-over-year. The sequential dwindle in operating income is primarily attributed to lower unseemly margin and higher operating expenses, as mentioned earlier. On a year-over-year basis, the extend in operating income primarily reflects higher revenue offset by higher sales and marketing, R&D, legal consulting spending, and unfavorable singular exchange.

Our fourth quarter operating margin was 22.6%, down 2.2 points sequentially and down 3.4 points year-over-year. The sequential dwindle in operating margin is primarily due to lower unseemly margin, as mentioned earlier. On a year-over-year basis, the dwindle in operating margin is primarily due to lower unseemly margin, as described earlier, and about 0.5 points repercussion from unfavorable singular exchange.

With regards to fourth quarter tax provision, their tax rate was 8.5%, which includes approximately $1.9 million in excess tax benefits related to stock-based compensation.

Fourth quarter diluted earnings per share was $1.20, down $0.04 sequentially and up $1.07 compared to the prior year.

Moving on to the equilibrium sheet, as of the fourth quarter, cash, cash equivalents, and marketable securities, including both short- and long-term investments, were $744.5 million, an extend of approximately $131.3 million from the prior quarter, which is primarily due to higher cash stream from operations. Of their $744.5 million of cash, cash equivalents, and marketable securities, $432.5 million was held in the U.S. and $312 million was held by their international entities.

Q4 accounts receivable equilibrium was $439 million, up approximately 4.5% sequentially. Their overall days sales outstanding was 74 days, down one day sequentially and up five days as of Q4 final year.

Cash stream from operations for the fourth quarter was $241.3 million, up $79 million compared to the prior year. Free cash stream for the quarter, defined as cash stream from operations less capital expenditures, amounted to $187 million. Capital expenditures for the fourth quarter were $54.3 million, primarily related to their continued investment in increasing aligner capacity and facilities.

During Q4, they repurchased $50 million of stock against their stock buyback authorizations and bear $500 million soundless available for repurchase under the May 2018 repurchase program.

Before they walk to the Q1 outlook, I would enjoy to Make a few comments on their full-year 2018 results. In 2018, they shipped a record 1.2 million Invisalign cases, up 31.9%. This reflect 45% volume growth for their international doctors and 24.2% volume growth from their Americas doctors. Shipments of their iTero scanner were up 77.2% versus 2017. Total revenue was a record $2 billion, up 33.5% year-over-year, with Invisalign revenues of $1.7 billion. Full-year operating income of $466.7 million, up 31.9% versus 2017, and operating margin at 23.7%. Free cash stream was $331.4 million. For the year, they repurchased 1.1 million shares of Align stock for $300 million. 2018 diluted earnings per share was $4.92.

With that, let's whirl to their Q1 outlook and the factors that inform their view, starting with the exact outlook. For international, they hope Q1 to breathe up sequentially, as the EMEA market maintains momentum from Q4 and APAC is seasonally flat sequentially as some markets observe the Lunar recent Year holiday. For Americas, they hope Q1 to also extend sequentially, with tough growth from North America orthos and a slight extend in North America GPs. They hope Latin America to breathe down sequentially given this is their summer holiday season. They hope their iTero traffic to breathe down slightly from a record Q4, consistent with seasonal trends in capital tackle market. And they continue to hope minimal volume from smirk Direct Club.

With this as a backdrop, they hope the first quarter to shape up as follows. Invisalign case volume is expected to breathe in the ambit of 340,000 to 345,000 cases, up approximately 25% to 27% year-over-year. They hope Q1 revenues to breathe in the ambit of $525 million to $535 million, reflecting increased volume and flat ASPs versus Q4 2018. They hope Q1 unseemly margin to breathe in the ambit of 70.3% to 71%, reflecting their higher start-up costs in China and increased doctor training expenses. They hope Q1 operating expenses to breathe in the ambit of $290 million to $294 million, which reflects their salesforce expansion and increased legal expenses. Q1 operating margin should breathe in the ambit of 15.1% to 16.1%.

Our effectual tax rate should breathe approximately 16%, which is higher than 2018 due to non-deductible officer stock compensation based on recent IRS guidance and a lower stock price. They hope an approximately $3 million to $4 million equity loss related to their share of smirk Direct Club's net losses and diluted shares outstanding should breathe approximately 80.9 million, exclusive of any share repurchases. Taken together, they hope their Q1 diluted earnings per share to breathe in the ambit of $0.78 to $0.84. In addition, as they continue their operational expansion efforts, they hope CapEx for Q1 to breathe approximately $60 million to $65 million and they hope depreciation and amortization to breathe $19 million to $20 million.

Now, let me whirl to their view for the full-year 2019, notwithstanding the repercussion of singular exchange rates. They hope total revenue growth for the company, Invisalign, and iTero to breathe in the middle ambit of their long-term operating model of 20% to 30%. They anticipate Invisalign ASPs to breathe flat from Q4 2018, reflecting continued growth from international regions, increased share of the teen segment, and uptake of non-comprehensive products. They anticipate Invisalign volume to breathe in the middle of the ambit of their long-term model target of 20% to 30%.

We anticipate unseemly margin and operating margin to ameliorate over the course of the year. They anticipate unseemly margin to approach their long-term model target of 73% to 78% by Q4. They will continue to fuel growth globally and hope to invest in international and operational expansion, as well as sales and marketing initiatives, including nearly 100 recent sales reps in Americas hired at the nigh of Q4 and additional GP sales reps in EMEA nascence in Q1. These investments also embrace continued litigation expenses to protect their intellectual property and extend their competitive advantage.

Given their continued growth and expansion internationally, during the year, they intend to reorganize their corporate structure and intercompany relationships to more closely align with the international nature of their traffic activities. The proposed corporate structure may also allow us to obtain pecuniary and operational efficiencies after they are implemented. As a result, they will incur expenses in the near term and hope to realize the related benefits in subsequent years. They hope their operating margin for the second half to breathe in the long-term model of 25% to 30%. For the plenary year, they anticipate operating margin to breathe below their long-term target, as it includes approximately 1.5 points to 2 points repercussion from increased legal fees and the planned corporate structure reorganization.

We hope the equity loss for their investment in smirk Direct Club to breathe $3 million to $4 million per quarter. They hope their tax rate for 2019 to breathe approximately 24%, which includes about $8 million of excess tax benefits. 2019 tax rate is higher than 2018 primarily due to a release of unrecognized tax benefits that will not repeat. They hope their earnings power in the second half of the year to breathe stronger than the first half, with second half operating results to account for somewhere in the ambit of 50% to 55% of their full-year results. They hope capital expenditures for 2019 to breathe in the ambit of $250 million to $260 million.

With that, I'll whirl it back over to Joe for final comments. Joe?

Joseph M. Hogan -- President and Chief Executive Officer

Thanks, John, and thanks to those who joined their summon today. Overall, 2018 was a mighty year for Align and I'm very pleased with the tough performance for Invisalign and iTero across flawless key regions, customers, channels, and products. This year, not only did they celebrate their 21st year in business, they also achieved several major milestones, including their sixth millionth Invisalign patient and $2 billion in revenue for the first time. It took nearly 20 years to reach their first billion dollars in sales and only two years to reach their second billion.

We also delivered on their strategic growth drivers, with recent product and technology innovation, expansion of their manufacturing and treatment planning operations, and raising awareness of Invisalign treatment with consumers and engaging with them in more innovative ways than ever before.

As I step back and stare ahead to 2019 and beyond, I want to reinforce the significance of the investments we're making to drive growth globally. The underlying opportunity for doctors and their patients is expanding based on digital technology that Align has spent over 21 years developing. And while they bear a huge amount of accumulated expertise and lore in digital technology in orthodontics, they bear to ensure that they bear the capabilities to further expand and regionalize their operations, extend their competitive lead, and protect their traffic from companies willing to recall shortcuts with respect to intellectual property. It is incumbent upon us to drive the transition to a fully digital workflow and continue to deliver recent products and services that not only benefit Invisalign doctors but their patients and consumers alike.

Following their ortho climax in November, I met with hundreds of Invisalign doctors and their staff. I had the opportunity to travel to regional kickoff meetings and connect with Align team members at every level of their organization to hear their particular plans for the upcoming year. While I spent more of my time at the Americas kickoff because of my interim role as Americas leader, I can deliver unequivocally that across the company the excitement and level of rendezvous surrounding their traffic and market opportunity was palpable.

Overall, the exact profile globally is solid and nothing they contemplate in the environment suggests otherwise. We're running the plays they know and are confident they can bring greater efficiencies, economies of scale, and know that adding sales training to net closer to customers in local markets creates sustainable competitive advantage.

Finally, as most of you know, one of the key orthodontic journals in North America is The Journal of Clinical Orthodontics and I often flip through it and put a question to why there aren't more lucid aligners profiled. This week, I was caught off guard when I opened the December issues and institute it dedicated entirely to lucid aligner therapy. Bob Keim is the editor of the JCO and has been to many of their Invisalign summits. In meetings with him and reading his editorials, I knew he supported Invisalign treatment and lucid aligners, in general, but it was never lucid to me the extent he believed in lucid aligner technology as we've seen in the most recent issue of the JCO, especially the editor's column, "The nigh of Braces." If you haven't had a casual to read the JCO, you should. Bob could not recall a stronger position for lucid aligners. He acknowledges that he may recall some flak for being so bold but I believe his tough endorsement is a major breakthrough for Align and digital orthodontics.

With that, I want to thank you again for joining their call. I stare forward to updating you on their progress as the year unfolds. We'll contemplate many of you at the Chicago mid-winter meeting next month, as well as industry and pecuniary conferences throughout the year. Now I'll whirl the summon over to the operator for questions. Operator?

Questions and Answers:


Thank you. They will now breathe conducting a question-and-answer session. If you would enjoy to put a question to a question, tickle press "*1" on your telephone keypad. A confirmation tone will betoken your line is in the question queue. You can press "*2" if you would enjoy to remove your question from the queue. For participants using speaker equipment, it may breathe necessary to pick up your handset before pressing "*". One moment, please, while they poll for questions.

And thank you. Their first question comes from the line of Robert Jones with Goldman Sachs. tickle proceed.

Robert Jones -- Goldman Sachs -- Analyst

Great. Thanks for the questions. I guess just start on ASPs. Joe, could you maybe talk through the progression of ASPs that you saw over the quarter? On a worldwide basis, it certainly seems enjoy you guys were able to stabilize ASPs in 4Q relative to 3Q and looking at the implied guidance from 1Q, it seems enjoy that's expected to continue. And in the plenary year, you're calling for that to breathe the benign of level they should stare for. So, I guess just how did they progress throughout 4Q? And then just related to that, what are the major pushes and pulls as you believe about ASPs over the course of '19?

Joseph M. Hogan -- President and Chief Executive Officer

Bob, that's a expansive question but let's Make it simple. They had an issue in the third quarter in the Americas with their odds program that I believe kicked off this ASP concern. As they said we'd do, they retracted that $300.00 that they offered on teens and also adults at that point in time. After that, basically their ASPs are what they normally are in the sense of mixes and matches across a spectrum of EMEA and different places. So, I mean, that's the total. They bear an exchange hit this quarter also but, again, I believe they prepared you for that final quarter. So, overall, the only change is they didn't bear an odds issue in the fourth quarter.

Robert Jones -- Goldman Sachs -- Analyst

Yeah, I guess just to follow on that, Joe, I believe the question really is, as you believe about '19, obviously those programs depart away. I guess the expectation looks enjoy here in the slides that you're soundless thinking it's going to breathe flat to the 4Q level. So, just trying to understand a slight bit better what could walk the ASPs up over the course of the year as they believe about some of the things that hopefully would not reoccur in '19 that happened in '18.

Joseph M. Hogan -- President and Chief Executive Officer

Yeah, John will jump in on this.

John F. Morici -- Chief pecuniary Officer

Yeah. Hi, Bob, this is John. So, the pair positive fuse that they talk a lot about is the international growth -- they would continue to contemplate tough growth internationally. Mandibular advancement in the U.S. contributes overall to their teen growth, which are comprehensive cases and those help. And they are also seeing growth on the non-comprehensive side. So, they believe those three -- they contemplate some equilibrium and that's what they would hope for 2019.

Robert Jones -- Goldman Sachs -- Analyst

Great. And then I guess just a follow-up for me, John, while I bear you. If you believe about the margin outlook for the year, it looks enjoy you guys are calling for the growth in operating margins to net into the long-term ranges in the back half. Just at a towering level, I guess, how much visibility and control carry out you guys bear over that trajectory into the back half of '19 around the margins?

John F. Morici -- Chief pecuniary Officer

Yeah. It really starts with some of the manufacturing efficiencies that they hope to net as they start to ramp up in China and continue to ramp up with their treatment planning. We'll contemplate that continue to ramp as they walk through the year. They bear other products and programs that will also succor us from a fuse standpoint as well. So, they feel really helpful about how they view the year and the expectation of margin improvement throughout the year.

Robert Jones -- Goldman Sachs -- Analyst

That's helpful. Thanks.

Joseph M. Hogan -- President and Chief Executive Officer

All right, Bob. Thanks.


Thank you. Their next question comes from the line of Elizabeth Anderson with Evercore ISI. tickle proceed.

Elizabeth Anderson -- Evercore ISI -- Analyst

Hi. helpful afternoon. I was wondering if you could talk to us a slight bit more about the reorganization expenses. Are you sort of thinking of those on an ongoing basis or more one-time? I guess my question stems, in part, because I was wondering if you were thinking about potentially backing those out of your 2019 results. Thanks.

John F. Morici -- Chief pecuniary Officer

Hi, Elizabeth. This is John. This is one-time. I mean, as the company expands and grows internationally, it's looking at some of the efficiencies they can gain through that change. And they report numbers on a GAAP basis. We'll continue to carry out so but we'll give you highlights as the year goes on as an update.

Elizabeth Anderson -- Evercore ISI -- Analyst

Okay. That's helpful. And I guess, also, can you just talk a slight bit more about the sales investments that you guys are making into the Americas in terms of any particular details you could provide on that? That would breathe helpful. Thanks.

Joseph M. Hogan -- President and Chief Executive Officer

Yeah, Elizabeth. It's Joe. Look, Americas, we're soundless really underpenetrated in the marketplace, particularly on the GP segment. And so they decided they would add 100 salespeople. They feel really helpful about that investment giving us helpful short-term returns. We've done this before, almost in every cycle since I've been here. It's a play they know how to flee and they know the significance of it overall. So, don't stare at it as an anomaly. It's just a continuation of pile out their salesforce and taking odds of some of the exact out there.

Elizabeth, I'll also betray you, it's a high-touch thing. You bear to touch doctors in this traffic to drive sales. And it just doesn't befall by itself. There's a constant touch to it so, I mean, we're really sensible of that. Often their treatment is much different than what these doctors bear done before. And their salespeople, they train them well clinically but also from a traffic standpoint so that they can talk about, clinically, how to exercise the product line but also, from a traffic standpoint, how you integrate it into the practice. So, adding salespeople is really important.

Elizabeth Anderson -- Evercore ISI -- Analyst

Thanks. That's really helpful.

Shirley Stacy -- Vice President, Corporate Communications and Investor Relations

Next question.


Thank you. Their next question comes from the line of Jonathan screen with Stifel. tickle proceed.

Jonathan screen -- Stifel, Nicolaus & Co. -- Analyst

Great. Thanks, guys. helpful afternoon. I believe the paranoia is gonna sort of walk from ASPs to volumes and margins tomorrow. So, maybe on the margins side, John, for '19, you mentioned expectations to breathe below your long-term op margin goal of 25% to 30%. Specifically, you called out 150 to 200 bps from increased legal fees and the reorg. So, a pair of questions there.

Is that reorg flawless specific to '19? And then if they were to normalize for the 150 to 200 bps, would your '19 op margin approach the lower company of your long-term 25% to 30% goal? And then I've just got a quicker follow-up.

John F. Morici -- Chief pecuniary Officer

Yeah. That's the right pass to stare at it, John. So, this is 2019 expenses and they believe they would bear been in the long-term ambit that they bear of 25% to 30% if they didn't bear these expenses.

Jonathan screen -- Stifel, Nicolaus & Co. -- Analyst

Okay. Long question, short answer. I'll recall it. And then maybe, Joe, for you, on the volumes. Just any more color? I mean, any thoughts on the North American ortho weakness? I carry out bear a arduous time believing that flawless of the weakness was Latin America, just looking at the size of that business. But anything more in North American ortho weakness? Is this a intermission before mandibular and Invisalign First recall greater hold in 2019? And maybe, if you don't mind, any thoughts on what MAV and First could contribute to North America this year? Thanks, guys.

Joseph M. Hogan -- President and Chief Executive Officer

John, look, the Americas growth this year -- I know they had the blip in the third quarter overall -- but 2018 is a helpful year for us. You stare at the final six years, this is actually the second highest growth profile we've had. Americas grows about 17% on an middling over those six years. The orthos grew. This is the second, from a percentage standpoint, best year we've had from an ortho standpoint. What happened between the third and fourth quarter, and I mentioned on my opening, was the uptake that they had with that odds program in the third quarter and that wasn't repeated in the fourth quarter and they believe they bear this quarter-over-quarter benign of discrepancy. GPs are at an all-time towering from a growth standpoint overall. And then, obviously, from a Brazil standpoint, too, it's starting to become material in the sense of the size of that traffic and we're looking for helpful contributions this year.

So, John, I don't know if I'm answering your question but I'd deliver if you stare at the volume overall, you contemplate how tough EMEA has been. The expansion of EMEA into areas enjoy Turkey and Russia and in the Middle East has been vital to us. But also France is growing well, Spain's been strong, Italy came back, they saw it. We've had mighty success with depart with the GPs out of the UK but also in Germany too. So, they really feel mighty about that region. And then APAC. Again, they contemplate strength. They contemplate might in China, they contemplate might in APAC overall. Japan's growth has been phenomenal. And then bleed that in with their iTero growth, too, that you've seen across the spectrum. Overall, they feel helpful about volume.

Jonathan screen -- Stifel, Nicolaus & Co. -- Analyst

Okay. unbiased enough. Thanks for your time, guys.


Thank you. Their next question comes from the line of Brandon Couillard with Jefferies. tickle proceed.

Brandon Couillard -- Jefferies -- Analyst

Thanks. helpful afternoon. Just a pair of housekeeping items, John, in terms of the fourth quarter. Could you quantify the repercussion in Latin America from the longer cycle times? And you hope that to normalize in the first quarter? And then in terms of the fourth quarter OpEx, it looks enjoy it was about $12 million above their guidance, which is very atypical and unusual. Can you point us to the areas of disburse that were perhaps accelerated or brought you in above your plan?

John F. Morici -- Chief pecuniary Officer

Yeah. So, for the fourth quarter in Latin America, it's a growing business, as Joe said. It's a pair thousand cases that were benign of in transition right at the nigh of the fourth quarter. And then as far as spend, were you specifically talking about disburse in fourth quarter or compared to the guide in the first quarter?

Brandon Couillard -- Jefferies -- Analyst

Yeah. The fourth quarter OpEx relative to your guidance.

John F. Morici -- Chief pecuniary Officer

Yeah, they saw added litigation expenses as we've been going as a section of their process that they bear on the legal side. There's some added costs that we're showing there. And as Joe said, they added some salespeople and some of those hires and those expenses came into fourth quarter but they wanted people on the ground and ready to breathe able to sell and give us volume as soon as feasible into 2019. So, some of those costs hit there as well.

Brandon Couillard -- Jefferies -- Analyst

Thanks. And then coming back to ASPs for 2019, it would look to imply that worldwide ASPs for the year would breathe down about 3% year-over-year. I understand currency is probably half of that. fuse is another dynamic. But would it breathe your expectation that promotional activity would breathe sort of consistent year-over-year or is there some cushion built in perhaps for more promo activity in '19 relative to final year?

John F. Morici -- Chief pecuniary Officer

I would deliver there's nothing specifically that we're looking at, additional promotions or others. They stare at the traffic as they bear various products and recent products that Come out, changes that they make. They stare at promotions to breathe able to drive volume and drive uptake across the regions. So, they vary by region. But nothing out of the ordinary and they were pleased to contemplate where ASPs finish and bear a helpful expectation, given the positive growth internationally, the positive growth that they contemplate on teens, and we're seeing tough non-comprehensive growth. flawless that taken into accounts keeps us flat for ASPs.

Brandon Couillard -- Jefferies -- Analyst

Very good. Thank you.

Shirley Stacy -- Vice President, Corporate Communications and Investor Relations

Thanks, Brandon. Next question, please.


Thank you. Their next question comes from the line of Steve Beuchaw with Morgan Stanley. tickle proceed.

Steve Beuchaw -- Morgan Stanley -- Analyst

Hi. helpful afternoon and thanks for the time here. I wanted to focus on how you thought about incorporating any potential contribution from the salesforce additions in the outlook for 2019. If I believe back to past years where there bear been substantial adds to the salesforce, something enjoy six months after those feet hit the street, they saw a benefit. So, in 2019, are you modeling in any benefit from these rep adds that you made already? If so, can you give us a sense for how expansive those might be? Because I'm just curious, as they believe about the outlook for the year, let's summon it 25% on volumes, 25% to 27% in the first quarter, it just doesn't stare enjoy there's an anticipation of acceleration or benefit from those hires.

John F. Morici -- Chief pecuniary Officer

Yeah, Steve, this is John. Six months to nine months is benign of the ambit you would hope to really start seeing those salespeople that you add, once they're fully trained and bear their territories and can benign of hit. So, they should contemplate an acceleration in the second half, given the adds that they have. And as they see, they factored into their guide as much as they can contemplate now based on those adds.

Steve Beuchaw -- Morgan Stanley -- Analyst

Okay. And then I would disagree with the observation that was made earlier about where the paranoia is going to shift. So, I just wanted, in section in response to the many emails I've gotten here in the final 45 minutes or so, give you a casual to just observation on your thinking on competition. Is there any token of competition being pertinent in the bailiwick that you can pick out at this point or soundless of the view that it's just not material and not something that people ought to breathe thinking about?

Joseph M. Hogan -- President and Chief Executive Officer

Hey, Steve. It's Joe. Obviously, we've seen Ormco down in ANZ and I believe they saw a recent announcement that they are gonna benign of pace themselves as they depart through 2019. I believe you're seeing the same thing out of 3M too. So, honestly, Steve, they know you guys carry out surveys. They read your surveys. They carry out their own and whatever. They know some of the docs out there are trying these product lines and they bear access to some of the software that's going on out there and the product lines that they're representing or whatever. I don't diminish it but as far as 2019 goes, we're not thinking about any major competitive issues that we're gonna pan in any of their key areas or key geographies right now. They believe this will recall some time for them to ramp.

We've talked about this before. This traffic is not easy. You bear to breathe able to hit on a lot of cylinders. You've got to bear a helpful salesforce that touches the customers and can Make that doctor feel really tough about the product line. Secondly, you bear to bear really helpful treatment planning and consistent treatment planning that can deliver. And, third, you've got to bear an operation organization that can deliver these things in sequence and on time and at a towering quality. And putting those things together is difficult. And so 2019, we're not factoring in a huge amount of what they believe is competitive pressure.

Steve Beuchaw -- Morgan Stanley -- Analyst

Okay. Got it. Thanks a bunch.

Joseph M. Hogan -- President and Chief Executive Officer

All right, Steve. contemplate you, man.


Thank you. Their next question comes from the line of Erin Wright with Credit Suisse. tickle proceed.

Erin Wright -- Credit Suisse -- Analyst

Great. Thanks. A pair of international ones here. I guess, can you converse to the dynamics, in terms of fundamental exact trends in China given broader macro dynamics, and could you also converse to the competitive landscape and how that's evolving there? And then also on Brazil, just as you build out that market, any sort of surprises there that you're seeing in the broader traction in Brazil? Thanks.

Joseph M. Hogan -- President and Chief Executive Officer

Yeah. Erin, this is Joe. From a China standpoint, their exact there has been great. I think, as I talked about in my opening, it's a really underpenetrated marketplace. And there's a lot of exact for their product line. And so their manufacturing investments we're making there, their treatment planning, flawless those things to Make us a local company they believe will allow us to really penetrate that market at a higher rate. So, look, we're not numb to the international scene right now where people are concerned about China demand. They don't bear anything to report right now that would deliver that they bear a diminishing or a paranoia over China exact as they depart into 2019.

As far as competition over there, Erin, Angel Align is the most credible competitor that they bear there. I would deliver that Angel has really focused on benign of Tier 3 cities and areas of Chinas, where we've really focused on, in the first five years or so of their being in China, Tier 1 or 2 cities and we've moved into Tier 3. They don't feel that Angel is throttling their growth there at all. They are a snappily follower. They contemplate them in different areas that Come after us but there's not a whole lot of head-to-head competition they feel right now.

And I believe that reflects not a whole lot about Angel being either helpful or bad, it just reflects the size of this marketplace and the investments you bear to Make in a salesforce, how you really bear to service that marketplace. There's a lot of toil that you bear to do. The channels just don't exist right now in a sense. And you bear to build those channels and really Make them viable. So, right now, they deem them a competitor and their largest competitor, I'd say, in the world, in the sense of the number of lucid aligners that they supply. They don't stare at them right now as slowing us down in China.

The Brazil surprise, I'd deliver the dumbfound for flawless of us in Brazil is the incredible uptake of their product line there. You saw the 1,300 doctors that we've trained there recently. They're so excited about the product line. They talk about Spain often, in the sense of the uptake of their product in Spain and the growth there. They contemplate the same benign of enthusiasm and the same benign of what I would summon Latin enthusiasm for what their product can carry out and really bring to that area. So, they stare to Make major investments there and increasing their salesforce and their presence in the Brazilian area. And they really feel helpful about Brazil from a standpoint of future growth of their product line there.

Erin Wright -- Credit Suisse -- Analyst

Okay. Great. Thanks. And a broader question on promotional activity. I'm just nosy what other promotional activity could you implement that isn't necessarily price driven, whether it breathe co-marketing arrangements or other types of incentives. Is this something that is in your game diagram for 2019 or something that you're planning? Thanks.

Joseph M. Hogan -- President and Chief Executive Officer

Erin, there's no want of creativity in their commercial forces, as promotions go. There's a lot of adult supervision that they bear to supply as they carry out those things. And when you stare at their accommodate program as a helpful one, that's a program where we're trying to recall doctors to 80% Invisalign and really demonstrate, as I mentioned in my opening, when you net to a digital practice and you net to 80% -- first of all, no one goes back. No one goes back to wires and brackets. You really set a precedent and that you bear control over your practice. You don't bear 30% of your cases resulting in emergencies. Doctors aren't spending 45 minutes a day with patients. But you bear to net to 80% to Make that work. We'll continue to rescue money into that. That's not enjoy a promotional program that they would tender at a lower price. That's just a program they toil with docs who really want to net there.

There's always promotional programs that they do. They tender aligners to staff at orthos that are starting up with us. Also, with GPs or whatever, so that they can understand the product and bear that undergo and breathe able to communicate that well to patients as they Come into the practice. Those are ongoing promotions that they carry out in flawless three geographies too. They carry out bear seasonal promotions at times in different countries or different areas but I'd deliver that they bear -- this is outside of the third quarter issue, obviously, they reported on benign of ad nauseam over the final six months. They bear a helpful handle right now on what promotions we'll tender throughout the year.

Shirley Stacy -- Vice President, Corporate Communications and Investor Relations

Thanks, Erin. Next question, please.


Our next question comes from the line of Ravi Misra with Berenberg Capital Markets. tickle proceed.

Ravi Misra -- Berenberg Capital Markets -- Analyst

Hi. Thank you for taking the questions. So, I wanted to net into benign of the unseemly margin outlook and the commentary that you were providing. And can you succor us understand maybe what the pushes and takes are between that 1Q guidance and benign of the 4Q guidance ramp? And especially in terms of what's that fixed overhead that's trapped there? benign of in the ballpark, does that Come somewhere around $10 million to $15 million a quarter right now that's annualizing through your COGS on that that's gonna descend off once the China sales ramp?

John F. Morici -- Chief pecuniary Officer

Yeah. Hi, Ravi, it's John. It's not that towering but when they believe of their operation that we've had to date, really, it's treatment planning in Costa Rica and it's been manufacturing in Mexico. They are now, as we've been expanding their treatment planning and now expanding the China manufacturing, they want volume. They want to breathe able to push volume through those centers and net as much productivity as possible. So, as they contemplate some of the margin repercussion in the fourth quarter, that continues a bit into the fourth quarter, but as that volume comes through and as you don't bear to add as much overhead, you contemplate more and more productivity to breathe able to Come through those, whether it's treatment planning or the China manufacturing. And so they hope to contemplate this benign of quarter-over-quarter improvement through 2019 as they net more and more productive at these facilities.

Ravi Misra -- Berenberg Capital Markets -- Analyst

So, it sounds enjoy that's really gonna breathe led by a step-up in the lucid aligner unseemly margin versus the scanners?

John F. Morici -- Chief pecuniary Officer

Yes, definitely. When you stare at benign of where we're seeing that volume leverage as they expand out globally, it will breathe on the lucid aligners side and they should contemplate that progress through the year.

Ravi Misra -- Berenberg Capital Markets -- Analyst

Great. And then maybe just two more questions. Just one on the orthodontics and then another benign of just on the consultations through the Invisalign brand experience. So, just on the orthodontic step-down, I'm curious. That's the first time in, gosh, I believe about 12-14 quarters I've seen that number step down. Any benign of repercussion -- I know you're epigram that the repercussion from Ormco and 3M was benign of limited, but how about some of the other direct-to-consumer manufacturers there? Is that playing into that at all? And in the sense that that nigh user volume might actually breathe going down?

And then, second, you talk about the 85,000 people that bear visited the store and gotten a consult. What's the conversion rate on that? Those getting scans to actually becoming consumers of your product? Thanks.

Joseph M. Hogan -- President and Chief Executive Officer

Hi, Ravi. Joe again. From a standpoint of Americas, an orthodontic standpoint, again I'll betray you, they had their second best year in history from the standpoint of overall orthodontic growth. When you talk about SDC, my zeal on SDC is they don't really recall orthodontic cases. Remember, the established orthodontist in the United States is 75% to 80% teen. You won't contemplate many teens being done by SDC. And so those cases would primarily Come out of GPs. Adults, benign of simple cases that are going on. As I mentioned, they had their highest GP sales rate ever in North American in 2018. So, on neither of those dimensions carry out I believe that they are experiencing competition that's throttling the traffic in some pass or that will affect us in 2019.

As far as the Invisalign stores and the scan ratios, flawless those things, we're soundless working through these 12. They haven't released that information from an overall standpoint yet. And at some point in time, when they believe we're ready and they really bear that ironed out. And I deliver that, Ravi, not that we're hiding anything. It's just they bear institute that when you stare at CCAs, what they would summon a "clear order" in this business, this can recall anywhere from 4-6 months to seven months to really iron itself out. They contemplate patients depart in and net scanned and then there's a huge halo outcome because they carry out this local advertising that benefits not just the doctors in the program but also, in a broader sense, any doctor that's within that 10 mile or 15 mile range. So, when we're ready to report this, we'll report it in a broad sense of that halo effect, the whole -- what you talked about -- the conversion rate, and also what that means from a timing standpoint. Okay?

Ravi Misra -- Berenberg Capital Markets -- Analyst

Great. Thank you.

Shirley Stacy -- Vice President, Corporate Communications and Investor Relations

Thanks, Ravi. Next question, please.


Thank you. Their next question comes from the line of John Kreger with William Blair. tickle proceed.

John Kreger -- William Blair & Co. -- Analyst

Thanks. Joe, a few times on the summon I believe you talked about your view that it's sort of captious to net your customers to really Make the digital conversion of their practices. Can you just talk a bit more about what that really means? And is that an expense on your part? Obviously, it's got some positive implications for volumes if and when it happens but what are the sort of practical implications of getting an ortho practice to Make that transition? Thanks.

Joseph M. Hogan -- President and Chief Executive Officer

Hey, John. That's a helpful question. There's three key parameters, right? First of all, there's extended payment terms that you bear to deal with because when you depart with a lucid aligner product versus wires and brackets, their cost overall are about 4x, from a variable cost standpoint, of what you'd bear with wires and brackets. So, you just bear to net ready for that cash play and try, in some way, to extend them that benign of payments.

Secondly, you bear to stare at their workflows because when you really depart to a plenary digital practice, it changes completely really. They institute out in their accommodate program that you need fewer chairs but you need more consultation rooms to rescue people in to expose them simulations, to talk them through what it would be. With no emergency cases, it completely redefines the sense of how a day goes in a doctor's office. It's not 30% of the time are people scrambling around trying to find someone that can fix something that occurred with the wires and brackets in some way.

And then, third, there's a exact component. You're gonna bear to drive more exact within that practice, which Invisalign does. And so, obviously, with $100 million disburse that they carry out a year and attracting patients and moving them into doctors, how they pipe those patients into doctors, how they prepare themselves for both teens and adults to carry out that. So, it's on those three dimensions.

And, John, specifically on the accommodate program, we're just going through that program right now and how we'll tender that to customers and what it will cost to actually carry out that, to recall customers to that point. And after we've done probably 5-8 of these and bear them complete, we'll bear a better anecdote and a more complete story, in the sense of here's how we'll carry out it, what those costs will be. But don't stare at those as being overly broad. Remember, they bear I Pro today, which they basically exercise to recall customers through clinical benign of episodes. So, they bear their Concierge service that grabs patients to walk them through doctors too. So, the expansive components of operations that you need to toil around the Adapt, they bear those in place, they just bear to modify them more for this 80% digital treatment plan.

John Kreger -- William Blair & Co. -- Analyst

Very helpful. Thanks. One quick one. John, as you believe about the '19 outlook that you described for us, what sort of number of stores does that envision by year end?

John F. Morici -- Chief pecuniary Officer

We bear 12, as they noted, now. It's really not a material change from that. We're evaluating best locations, what makes sense for us, but they really want to drive productivity and conversion at the stores they bear before they depart on a larger scale.

John Kreger -- William Blair & Co. -- Analyst

Okay. So, they shouldn't hope that to breathe materially different by December of '19?

John F. Morici -- Chief pecuniary Officer

That's correct.

John Kreger -- William Blair & Co. -- Analyst

Okay. Thank you.

Shirley Stacy -- Vice President, Corporate Communications and Investor Relations

Thanks, John. Next question?


Thank you. Their next question comes from the line of Steven Valiquette with Barclays. tickle proceed.

Steven Valiquette -- Barclays Capital -- Analyst

Thanks. helpful afternoon, everybody. So, I guess just given the ramp in investment in 2019, with likely some slower EPS growth, it benign of feels enjoy 2019 is maybe a bit similar to what Align went through back in 2015, where that was, let's summon it, a bit of a throwaway year for earnings growth because of ponderous spending. But then the company came out of that and really had three tough years of growth in 2016 through 2018. I know it's a different management team back in 2015 but should they draw really any sort of parallels for 2019, where maybe you're just setting yourself up for another tough earnings growth cycle in the next pair of years beyond 2019 with the investments that you're making this year? Thanks.

Joseph M. Hogan -- President and Chief Executive Officer

Hey, Steve, it's Joe. First of all, I feel they play offense in this business. So, even though they talk about restructuring or if they talk about adding salespeople, they talk about defending their IP, flawless of those things are, to me, setting a foundation for future growth in the business. When you step back and you stare at this business, we're incredibly underpenetrated based on consumer preference for lucid aligners to walk teeth and also the size of the market that digital opens up even beyond the 12 million orthodontic case starts that they talk about globally.

So, tickle don't summon 2019 a throwaway year. Hopefully, the earnings and the growth that we're projecting here are substantial. And they haven't even mentioned the law of large number on you guys over the final three years, right? Because they continue to build these exercise percentages over the top of incredibly larger numbers than what they had previously. So, I'd stare at it as these are aggressive investments in a youthful traffic to lay a foundation to allow us to breathe better in the future. And they bear to recall these.

Steven Valiquette -- Barclays Capital -- Analyst

I guess the only quick follow-up to that would just breathe how vital is consistent EPS growth at a line at this stage of the corporate lifecycle? Or is this soundless mainly about driving top line growth for flawless the things that you just mentioned?

John F. Morici -- Chief pecuniary Officer

Hey, Steve, this is John. It's both. I mean, they want to drive top line. They want to breathe able to grow this business. As Joe mentioned, we're vastly underpenetrated and they bear products and technology to breathe able to extend that market. But at the same time, they want to breathe able to grow profitably and as they layer on some of these investments, they hope -- whether it's China or it's salesforce addition or others that we're adding in -- over time, we'll breathe able to contemplate those benefits. And that over time, as they laid out, is over 2019, they should contemplate that sequential improvement quarter-over-quarter as those investments start to pay off as they walk forward. But they want to Make confident that we're returning the most back to their shareholders and that comes from revenue growth and the volume that they drive, as well as doing this from a profitability standpoint and we're very sensible of the long-term growth model and they stick with that.

Steven Valiquette -- Barclays Capital -- Analyst

Okay. Got it. Okay. Thanks.

Shirley Stacy -- Vice President, Corporate Communications and Investor Relations

Thanks, Steve. Operator, we'll recall one more question, please.


Thank you. Their next question will Come from the line of Richard Newitter with SPD Leerink. tickle proceed.

Richard Newitter -- Leerink Partners -- Analyst

Hi, thanks for taking the question. Hi. Joe, I was just wondering, I know it's soundless really, really early days in China and the opportunity is huge and clearly your growth rates in that region haven't really shown any slowdown, but can you just talk a slight bit about what -- we've seen some headlines and some other companies talking about the macro slowdown in China in the consumer discretionary realm -- can you give us your thoughts for the pass you contemplate things? Clearly, you're investing so I would imagine there's nothing that would intimate there's any slowing growth. But what are you seeing benign of at the ground level in terms of the macro?

Joseph M. Hogan -- President and Chief Executive Officer

Like I mentioned before, Richard, the growth that they saw throughout 2018 was really tough in China. I mean, obviously, we're making these investments in China as a commitment. They're their second largest country in the world right now. The underpenetration and the opportunity there is huge. Look, I mean, we're up with global events. They contemplate the issues going on with China and the United States and hopefully they'll Come to a trade deal sooner or later. I stare at that investment that they talked about of manufacturing there as moving closer and having a Chinese traffic and being able to operate in that country with a lot of fluidity. But it also makes me feel helpful that they bear a helpful insurance policy, in the sense of the trade dynamics between the two countries too.

So, right now, again, they haven't seen what other companies are reporting. I believe the penetration piece we're talking about is probably maybe the variable of contrast between the two. We're not epigram that we're recession-proof ever. I believe that's a ridiculous position to take. But what we've seen right now and the growth rates of what we've been experiencing, right now we're looking for a helpful 2019 in China.

Richard Newitter -- Leerink Partners -- Analyst

Excellent. And just if you could maybe just -- maybe you mentioned it earlier. But mandibular advancement, what's contemplated or how are you thinking about the contribution in 2019? Should they believe of that launch benign of hitting the ground running right off the bat? Is that more of a gradual cadence? And what's contemplated in the outlook? Thanks.

Joseph M. Hogan -- President and Chief Executive Officer

I'll recall a towering level and let John recall the specific level. But, remember, MAV was just approved in November of 2018. And I hope their established uptake in the United States, which is orthos will carry out two or three cases and net used to it. It's a phenomenal product. It really is, I think. You straighten your teeth. You can walk your mandible forward, in that sense, and build bone. It's just incredible. But, I mean, with something that expansive and that revolutionary, orthos are conservative anyway. And, obviously, they're gonna recall their time in the sense of proving it.

Now, MAV has been outside the United States for a while, too, so they have, I think, 17,000 cases they talked about that we've gone through. What's really interesting, too, is they bear several updates from Jelco and the engineering team on MAV also, when teeth are shorter, how you disarrange your liners to Make it work, making confident the wings are a lot stronger than before. So, as this is approved in the United States, they believe we've significantly improved the product over the final 12 months too.

We find, too, it's just a mighty halo outcome around MAV and teen. If you start to carry out more MAV, you carry out more teens. And so we're looking forward to that but, again, it's recent days in the United States and we'll give you updates as they depart through the year.

John F. Morici -- Chief pecuniary Officer

And so when they stare at their forecast and they believe about flat ASPs, this is one that helps us. This is a positive repercussion to their ASPs because it's a plenary case, it's a teen case, it's complicated. enjoy Joe said, it gives us more and more teen volume and they stare at that as auspicious fuse and auspicious growth for us.

Shirley Stacy -- Vice President, Corporate Communications and Investor Relations

Okay. Well, thank you, everyone, for joining us on the summon today. They stare forward to catching up with you at subsequent conferences and if you bear any questions, tickle contact Investor Relations. bear a mighty day.


Thank you. This concludes today's conference. You may disconnect your lines at this time and thank you for your participation.

Duration: 72 minutes

Call participants:

Shirley Stacy -- Vice President, Corporate Communications and Investor Relations

Joseph M. Hogan -- President and Chief Executive Officer

John F. Morici -- Chief pecuniary Officer

Robert Jones -- Goldman Sachs -- Analyst

Elizabeth Anderson -- Evercore ISI -- Analyst

Jonathan screen -- Stifel, Nicolaus & Co. -- Analyst

Brandon Couillard -- Jefferies -- Analyst

Steve Beuchaw -- Morgan Stanley -- Analyst

Erin Wright -- Credit Suisse -- Analyst

Ravi Misra -- Berenberg Capital Markets -- Analyst

John Kreger -- William Blair & Co. -- Analyst

Steven Valiquette -- Barclays Capital -- Analyst

Richard Newitter -- Leerink Partners -- Analyst

More ALGN analysis

This article is a transcript of this conference summon produced for The Motley Fool. While they strive for their preposterous Best, there may breathe errors, omissions, or inaccuracies in this transcript. As with flawless their articles, The Motley Fool does not assume any responsibility for your exercise of this content, and they strongly inspirit you to carry out your own research, including listening to the summon yourself and reading the company's SEC filings. tickle contemplate their Terms and Conditions for additional details, including their Obligatory Capitalized Disclaimers of Liability.

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Keystone Semiconductor to tender Lowest-cost Dab Single-chip Tsunami Family Featuring glide expose EPG and TPEG for German Digital Radio Marketing | real questions and Pass4sure dumps

Hsinchu, Taiwan (PRWEB) September 13, 2011

KeyStone Semiconductor Corp. (KeyStone), a leading fabless semiconductor developer of advanced digital radio technologies announced today that its 2nd generation single-chip FM/DAB/DAB+/DMB-R receiver IC, KSW8650, offers the lowest-cost turn-key solutions to champion German DAB+ glide show, EPG, and TPEG applications. Integrated with triple-band RF receiver, demodulator, DSP, micro control unit, glimmer memory, stereo DAC, battery detector, power management, etc, KSW8650 is the state-of-the-art digital radio IC that meets German lowest-power and lowest-cost multimedia DAB market demands.

KSW8650, based on KeyStone’s proprietary digital radio technologies, provides not only decoded AAC+ audio signal but also digital data to display glide show, to present EPG, and to champion TPEG on various applications. Unlike typical DAB modules that fail to champion glide show, EPG, and TPEG, KeyStone’s single-chip KSW8650 is the only low-cost and low-power digital radio single-chip that satisfies German DAB+ rich-content market demands. A live demonstration clip on German DAB+ glide expose by von Michael Praetorius at IFA Berlin is available at YouTube.

KeyStone offers a progression of advanced highly integrated single-chip digital radio IC family including

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  • All KeyStone single-chip digital radio IC family is built-in with 5 pre-set EQ in Bass Boost, Jazz, Live, Vocal, and Acoustic mode to toil with patented two-way wireless digital radio technologies for transceiving data such as radio station information, glide show, EPG, TPEG, etc. from Tsunami modules to Apple and Android platforms and vice versa.

    KeyStone DAB single-chip family, flawless housed in a wee 1.1 cm x 0.8 cm uBGA package, is world’s first DAB receiver IC to build-in multiple languages including Chinese and to champion both LCM and OLED display at no extra cost to OEMs. Company also offers low-cost industry-grade DAB single-chip modules that are certified by stringent Electromagnetic Compatibility (EMC) BS EN 55022: 2006 and BS EN 55013: 2001 tests with an industry-grade temperature ambit of -40 C to 85 C, which are required by in-car applications.

    Certified by Apple, KSW8650 is employed in Apple MFI products such as LINGO iRis and iMini to tender DAB/DAB+ audio, glide expose and EPG. LINGO products are available at German Gravis, Apple Store Europe, and authorized iStore worldwide. Newly introduced LINGO iDas is an Apple MFI docking station based on KeyStone’s patented “BigFish” technology to allow Apple idevices and Android phones to wirelessly control DAB dock stations by a free app DAB GO!. LINGO iVy is world’s first and smallest Bluetooth DAB receiver to toil with smart phones.

    For more information on KeyStone’s digital radio Tsunami family, product roadmap, product applications, patented wireless digital radio technology, and chip/module quotation, tickle ship your research to contact(at)KeyStonesemi(dot)com.

    About KeyStoneKeyStone Semiconductor Corp. is a technical innovator and leader in wireless digital radio semiconductor. Company is dedicated in providing a progression of low-power and low-cost digital radio IC family for today’s multimedia broadcasting market demands. KeyStone offers turn-key solutions from novel Apple and Android apps such as DAB GO!, FM GO!, POWER GO!, KEYSTONE to complete digital radio design platforms to reduce customers’ time-to-market efforts.KeyStone products enable the delivery of the enriched analog and digital multimedia contents to home and mobile environments. Company provides the industry with the lowest-cost system-on-a-chip turn-key solutions to manufacturers of analog and digital broadcasting access products and portable devices.KeyStone is funded by public companies and private entities. Company is headquartered in the Science-Based Industrial Park, Taiwan, and has offices and facilities in North America and in China. KeyStone can breathe contacted at +886.3.666.2756 or at contact(at)keystonesemi(dot)com.

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    KeyStone Semiconductor Corp.2nd Floor 62 Park Avenue 2,Science-Based Industrial Park,Hsinchu, Taiwan 300Office: +886-3-666-2756Fax: +886-3-666-2758Email: Contact(at)KeyStonesemi(dot)comWeb: __title__ ]


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    ICDL [6 Certification Exam(s) ]
    IEEE [1 Certification Exam(s) ]
    IELTS [1 Certification Exam(s) ]
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    Medical [69 Certification Exam(s) ]
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    Mile2 [3 Certification Exam(s) ]
    Military [1 Certification Exam(s) ]
    Misc [1 Certification Exam(s) ]
    Motorola [7 Certification Exam(s) ]
    mySQL [4 Certification Exam(s) ]
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    NCEES [2 Certification Exam(s) ]
    NCIDQ [1 Certification Exam(s) ]
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    Network-General [12 Certification Exam(s) ]
    NetworkAppliance [39 Certification Exam(s) ]
    NI [1 Certification Exam(s) ]
    NIELIT [1 Certification Exam(s) ]
    Nokia [6 Certification Exam(s) ]
    Nortel [130 Certification Exam(s) ]
    Novell [37 Certification Exam(s) ]
    OMG [10 Certification Exam(s) ]
    Oracle [279 Certification Exam(s) ]
    P&C [2 Certification Exam(s) ]
    Palo-Alto [4 Certification Exam(s) ]
    PARCC [1 Certification Exam(s) ]
    PayPal [1 Certification Exam(s) ]
    Pegasystems [12 Certification Exam(s) ]
    PEOPLECERT [4 Certification Exam(s) ]
    PMI [15 Certification Exam(s) ]
    Polycom [2 Certification Exam(s) ]
    PostgreSQL-CE [1 Certification Exam(s) ]
    Prince2 [6 Certification Exam(s) ]
    PRMIA [1 Certification Exam(s) ]
    PsychCorp [1 Certification Exam(s) ]
    PTCB [2 Certification Exam(s) ]
    QAI [1 Certification Exam(s) ]
    QlikView [1 Certification Exam(s) ]
    Quality-Assurance [7 Certification Exam(s) ]
    RACC [1 Certification Exam(s) ]
    Real-Estate [1 Certification Exam(s) ]
    RedHat [8 Certification Exam(s) ]
    RES [5 Certification Exam(s) ]
    Riverbed [8 Certification Exam(s) ]
    RSA [15 Certification Exam(s) ]
    Sair [8 Certification Exam(s) ]
    Salesforce [5 Certification Exam(s) ]
    SANS [1 Certification Exam(s) ]
    SAP [98 Certification Exam(s) ]
    SASInstitute [15 Certification Exam(s) ]
    SAT [1 Certification Exam(s) ]
    SCO [10 Certification Exam(s) ]
    SCP [6 Certification Exam(s) ]
    SDI [3 Certification Exam(s) ]
    See-Beyond [1 Certification Exam(s) ]
    Siemens [1 Certification Exam(s) ]
    Snia [7 Certification Exam(s) ]
    SOA [15 Certification Exam(s) ]
    Social-Work-Board [4 Certification Exam(s) ]
    SpringSource [1 Certification Exam(s) ]
    SUN [63 Certification Exam(s) ]
    SUSE [1 Certification Exam(s) ]
    Sybase [17 Certification Exam(s) ]
    Symantec [134 Certification Exam(s) ]
    Teacher-Certification [4 Certification Exam(s) ]
    The-Open-Group [8 Certification Exam(s) ]
    TIA [3 Certification Exam(s) ]
    Tibco [18 Certification Exam(s) ]
    Trainers [3 Certification Exam(s) ]
    Trend [1 Certification Exam(s) ]
    TruSecure [1 Certification Exam(s) ]
    USMLE [1 Certification Exam(s) ]
    VCE [6 Certification Exam(s) ]
    Veeam [2 Certification Exam(s) ]
    Veritas [33 Certification Exam(s) ]
    Vmware [58 Certification Exam(s) ]
    Wonderlic [2 Certification Exam(s) ]
    Worldatwork [2 Certification Exam(s) ]
    XML-Master [3 Certification Exam(s) ]
    Zend [6 Certification Exam(s) ]

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