Friday, September 04, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Report Reveals the Web's Shadiest Neighborhoods
Google Play Is Coming Back To China: report
Hackers Stole Data From Bugzilla
BlackBerry To Buy Rival Good Technology
GIGABYTE Z170X-UD5 Motherboard Is Intel Thunderbolt 3 Certified
LG Bets On OLED's Success, Showcases Innovative Prototypes At IFA2015
Acer's Predator 6 Smartphone Packs A 10-core Processor
New Intuos Tablets Bring Your Creative Dreams Closer
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > General Computing > AMD Fir...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, April 19, 2012
AMD First Quarter Results Beat Expectations


AMD forecast revenue above expectations as it struggles against rival Intel in a lackluster PC market.

AMD posted first-quarter revenue of $1.59 billion, down from $1.61 billion in the year-ago period. It estimated second-quarter revenue would rise 3 percent from the previous quarter, plus or minus 3 percentage points.

Analysts had expected AMD to post $1.56 billion in revenue for the first quarter and $1.59 billion for the current quarter.

AMD had a net loss of $590 million, or 80 cents a share, compared to a net profit of $510 million, or 68 cents a share, in the year-ago period. Adjusted earnings were 12 cents per share, beating expectations of 9 cents.

"AMD delivered solid results in the first quarter as we remain focused on improving our execution, delivering innovative products, and building a company around a strategy to deliver strong cash flow and earnings growth," said Rory Read, AMD president and CEO. "A complete top-to-bottom introduction of new APU offerings, combined with ample product supply resulting from continued progress with our manufacturing partners, positions us to win and grow."

During Q1, AMD announced and began shipping the follow-on to its notebook platform "Brazos," its bestselling platform ever. The new notebook platform, codenamed "Brazos 2.0," delivers improved performance, extended battery life and many new features. Systems based on "Brazos 2.0" are expected to be available in the second quarter of this year, AMD says.

AMD also ramped volume production of its second generation A-Series performance APU, codenamed "Trinity," in anticipation of global notebook availability from OEMs in the second quarter. AMD claims that "Trinity" delivers twice the performance-per-watt compared with AMD's current generation A-Series APU.

"We are successfully ramping production of Trinity APUs as our customers are preparing to launch a record number of AMD notebook designs beginning this quarter," said Rory Read, chief executive officer of AMD, told financial analysts.

Graphics segment revenue was flat sequentially and decreased 7 percent year-over-year. GPU revenue was up in a seasonally down quarter, due to higher improved desktop GPU ASP in the channel, offset by seasonally lower game console royalty revenue. The year-over-year decrease was primarily driven by lower demand for desktop and mobile graphics.

AMD also reached a milestone with worldwide availability of its full line of next generation 28 nm AMD Radeon HD 7000 Series desktop GPUs in less than three months.

"We were able to meet customer demand [for AMD Radeon HD 7000 "Southern Islands" chips made using 28nm in the first quarter. The products are good, the demand is strong. We would like to have more access to the upside volume, but we have met pretty much all the demand in the first quarter," said Thomas Seiffert, chief financial officer of AMD.

AMD has already announced price drops on HD 7770, HD 7950, and HD 7970 products. The Radeon HD 7970 is now priced at $479, while the Radeon HD 7950 is proced at $399. In addition, the Radeon HD 7770 GHz edition graphics cards will now be available at the sub-$150 spot, as low as $139.


Previous
Next
Microsoft Reports Strong Third-Quarter        All News        LG Mobile, Sprint Launch LG Viper 4G LTE Smartphone
Microsoft Reports Strong Third-Quarter     General Computing News      EU Approves Sony's $2.2 Billion Acquisition of EMI

Get RSS feed Easy Print E-Mail this Message

Related News
AMD To Showcase Broadcast Ecosystem Workflows at IBC 2015
AMD Radeon R9 370X Graphics Card Launched In Asia
AMD Radeon R9 Nano Graphics Card Shipping September 10th
AMD Showcases Graphics, Energy Efficient Computing and Die-Stacking Technologies At Hot Chips
GPU shipments Dropped During The Quarter, Both AMD And Nvidia Slipped
This Tool May Unlock The Disabled Cores Of Your GPU
New AMD Godavari A8-7670K Desktop Processors Released
AMD Reports Weak Second Quarter Results
AMD's Partners Bring The Fury To The Market
New Catalyst 15.7 Driver Brings Performance Optimizations
New AMD FirePro S9170 Server GPU Has 32GB Memory
AMD Lowers Second Quarter Outlook, Moves To FinFet

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 .