Sunday, February 01, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
S. Korea's Antitrust Authority Aims At Google, Apple
Bill Gates Sees Future In Robots
Pirate Bay Back Online
ASUS Announces The B85M-Gamer Mainboard
AT&T, Verizon Among Winners Of US Airwaves Auction
Apple Closes the Gap on Samsung Fourth Quarter's Worldwide Smartphone Shipments
Verizon To Let USers Opt Out Supercookies
Microsoft Outlines Windows 10 Options For The Enterprise
Active Discussions
Why Double Logins ?
retrieving burned cd information
Writing Audio files on DVDs ?
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
 Home > News > PC Parts > AMD Rep...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, January 25, 2012
AMD Reports Q4 Loss on Weak Graphics Sales


Advanced Micro Devices (AMD) reported a fourth-quarter net loss Tuesday on weak sales of graphics chips and charges related to a restructuring.

The company announced revenue for the fourth quarter of 2011 of $1.69 billion, net loss of $177 million, or $0.24 per share, and operating income of $71 million. The company reported non-GAAP net income of $138 million, or $0.19 per share, and non-GAAP operating income of $172 million. Fourth quarter non-GAAP net income excludes an impairment of AMD's investment in GLOBALFOUNDRIES of $209 million, restructuring charges of $98 million, the loss from discontinued operations of $4 million, the amortization of acquired intangible assets of $3 million and a loss on debt repurchase of $1 million.

AMD's graphics segment revenue decreased five percent sequentially and 10 percent year-over-year. The sequential decrease was driven primarily by a decline in mobile graphics processor unit (GPU) shipments, partially offset by a seasonal increase in game console revenue. The year-over-year decrease was primarily driven by decreased desktop and Add-in Board (AIB) graphics revenue. The decline resulted partly from the hard-drive shortage caused by flooding in Thailand, which reduced demand for add-in graphics boards, said CEO Rory Read on a conference call.

AMD is on track to launch new laptop chips code-named Trinity by midyear.

"With the next-generation product Trinity we are well ahead of the pace," Read said. The chips will enable thinner laptops and better performance-per-watt than their predecessors, he said.

AMD has said Trinity chips will come in dual- and quad-core options, and give the same performance but consume half the power of its current A-series laptop chips.

The restructuring efforts will help AMD to fund new opportunities in low-power computing, cloud computing and emerging markets, Read said.

The company's Computing Solutions segment revenue increased two percent sequentially and seven percent year-over-year. The sequential increase was driven by double digit growth in Server and Chipset revenue. The year-over-year increase was driven by higher mobile processor and Chipset revenue.

"AMD shipped more than 30 million APU's in 2011, resulting in record annual notebook revenue," said Rory Read. "The unmatched combination of computing and graphics capabilities in our low-power 'Brazos' platform has made it our fastest ramping platform ever, paving the way for continued growth in key segments and geographies. Our server business has re-gained momentum, delivering two consecutive quarters of strong sequential growth.

We continued optimizing our financial model in 2011, consistently delivering operating income and creating the foundation for sustained success. We begin 2012 clear on our priorities and opportunities. We are building an AMD that consistently delivers on its commitments."


Previous
Next
Nvidia Cuts Q4 Revenue Forecast        All News        Apple Reports Highest Quarterly Revenue and Earnings Ever
WD Previews Thunderbolt Dual-drive Storage System     PC Parts News      Dell Solutions Makes Available SUSE Linux Enterprise Server

Get RSS feed Easy Print E-Mail this Message

Related News
AMD Cuts Prices Of Radeon Graphics Card To Cash On GTX 970 Memory Furor
Slow PC Sales Jeep AMD's Revenue Down
AMD at 2015 International CES
New Feature-stuffed Catalyst Omega Drives Released
AMD Adds The Mobile "Carrizo" Family of APUs to Its Roadmap
AMD Reveals Civilization: Beyond Earth Game Bundle, Overclocked Radeon R9 290X
AMD's Radeon R9 290X Graphics Card Now Available For Just $300
AMD Sales May Miss Estimates, New CEO Announces Restructuring
AMD Appoints Lisa Su as President and Chief Executive Officer
AMD To release Carrizo Notebook APUs Next Year
AMD Demonstrates Network Function Virtualization Solution on 64-Bit Embedded R-Series SoC
AMD To Showcase ARM Cortex-A57-Based Hadoop on Opteron Processors

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .