Question-and-Answer Session
Operator
Thank you, sir. (Operator Instructions). And our first question comes from the line of Gary Hsueh with Oppenheimer World Markets. Please go ahead.
Gary Hsueh - Oppenheimer World Markets
Thanks, can you hear me, sorry.
Steve Newberry
Yes, we can hear you.
Gary Hsueh - Oppenheimer World Markets
Okay, I thought am I had a mute button on. If you look at your WSE, and you are kind of maintaining the $10 billion number for 2009, and so just a bit I guess is over the last quarter in terms of spending the environment has stabilized.
Now that 10 billion coming down from roughly 22 employees, a decline of 57%, would it be reasonable to start modeling shipment numbers, somewhere down 50% to 55%, or is there a little bit more upside in the second half that we are somehow missing that might be baking in 2010 CapEx. Can you just help me out with the trajectory of the shipment number coming up of pretty good guidance here for the June quarter?
Steve Newberry
Well, I think that, where our view is that wafer fab equipment was is probably somewhere around $20 billion, maybe $21, so we are down 50%, 52% as opposed to 57%. But having said that, I think that when you look at the industry and we are no exception. Our shipments were down significantly in the March quarter and our guidance is for shipments to be up at the midpoint about 35% in June.
And I think you look at where we are going to have to be if the wafer fab equipment environment in somewhere around $10 billion. And again, I would emphasize around $10 billion, because it's a very fluid environment that you would expect that shipments would begin to stabilize somewhere in that vicinity as we go forward for the rest of the year if in fact it ends up being a $10 billion wafer fab equipment market.
Operator
Thank you. And our next question comes from line Jim Covello with Goldman Sachs please go ahead.
Jim Covello - Goldman Sachs
Great, good evening. Thanks so much for taking the questions. Steve a couple of questions. First just relative to one of the concerns that folks have had about the memory segment in particular, just the idea that there is whole bunch of adornment or latent capacity out there, that is prices improved in memory of this latent capacity would come flooding back online and prevent anybody for making orders.
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