Tuesday, September 16, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
CEA Unveils New Logos For 4K Displays
IBM Offers Watson Data Tool To the Mainstream
Microsoft Releases New Arc Touch Bluetooth Mouse, PC Accessories
Toshiba Introduces New Exceria UHS-I SD Memory Cards, Transmemory Flash Drive
Nvidia SHIELD Tablet Gets 32GB Storage and 4G LTE
Micron M600 SSD Released With Dynamic SLC Cache
Orange to Buy Spanish Operator Jazztel
US Government Data Requests Increased: Google
Active Discussions
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
 Home > News > PC Parts > AMD pos...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, April 14, 2005
AMD posts first-quarter loss, but better than expected sales


AMD posted a first-quarter loss Wednesday amid continuing soft demand for flash memory used in cell phones. But microprocessor sales set a company record.

AMD also said its flash memory subsidiary, Spansion LLC, has filed paperwork for an initial public offering, though it did not specify the date or the price of the stock. The division is 60 percent owned by AMD, with the remainder held by Fujitsu.

For the period ended March 27, AMD lost $17.4 million, or 4 cents per share, compared with a profit of $45.1 million, or 12 cents per share, in the same period last year. Sales fell less than 1 percent, to $1.23 billion from $1.24 billion.

Analysts were expecting the Sunnyvale, California-based company to earn 2 cents per share on sales of $1.21 billion, according to a survey by Thomson First Call.

"Our microprocessor business delivered record sales in what is typically a seasonally down quarter, driven by increased sales across all product categories," said Robert J. Rivet, AMD's chief financial officer.

Though much smaller than Intel Corp., AMD was the first to market with a line of processors that are compatible with applications that ran on previous generations of processors and capable of handling much more memory than most of today's chips. AMD launched its 64-bit Opteron chips in 2003; Intel caught up earlier this year.

Today, Intel and AMD are in a tight race to formally launch the first microprocessors that feature two computing engines on a single chip instead of just one. AMD is expected to target servers at first while Intel is going after desktops and laptops.

The companies also compete in flash memory used to store information in cell phones. Both have described the market as weak, but AMD is taking a bigger hit because flash chips make up a much greater percentage of sales than they do at Intel.

In a statement Wednesday, Rivet said the flash market continued "to experience industrywide oversupply and strong pricing pressure."

"We experienced a rise in unit shipments, but our average selling price declined significantly, resulting in weaker than expected sales," he said.


Previous
Next
Toshiba to use Intel 854 chipset in HD-DVD player        All News        ULi unveils first TGi Chipset
Intel Reveals Plans For New Notebook Platform Tailored For Chinese University Students     PC Parts News      ULi unveils first TGi Chipset

Get RSS feed Easy Print E-Mail this Message

Related News
AMD Introduces DirectGMA on AMDs FirePro GPUs
AMD Launches AMD Radeon R9 285 Graphics, "Never Settle: Space Edition" Game Bundle
AMD Introduces New 8-core FX-series Processors
AMD Announces Heterogeneous C++ AMP Language for Developers
New AMD R9 285 Radeon Graphics Card Unveiled
AMD Officially Releases The OCZ-rebranded, Radeon R7 SSDs
AMD, Nvidia, Refresh Their Professional Graphics Cards Lineups
AMD Releases The FirePro S9150 Server GPU for HPC
AMD Readies Radeon R7 SSDs
AMD Introduces New Kaveri APUs for System Builders
AMD Opteron 64-Bit ARM-Based Developer Kits Now Available
AMD Reports Second-quarter Loss

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .