Wednesday, May 04, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sony Releases New Home Audio Products
HDD Sales Fall, Capacities Rise
Sony's Future Camera Could Be in The Form Of A Contact Lens
HP Refreshes The Pavilion PC Line-up
Intel and Oculus Bring Virtual Reality to Best Buy Stores
NVIDIA And Samsung Agree to Settle IP Litigation
Samsung Develops 3rd Generation 14-Nano FinFET Low-power Process
IE Loses Top Web Browser Spot to Chrome
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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 and Nantong Fujitsu Microelectronics Close on Semiconductor Assembly and Test Joint Venture
AMD Launches Its Most Powerful Graphics Card
AMD Posts Low Quarterly Revenue
AMD FirePro W9100 Professional Graphics Card Comes With 32GB Memory
AMD Teases With Its 7th Generation Bristol Ridge Mobile APU
AMD's Processor Recommendations For VR by HTC and Valve
AMD New FirePro S9300 X2 Pro Graphics Card Is Powered By Two Fiji GPUs
AMD Touts Radeon Graphics Capabilities In The DirectX 12 Era
AMD XConnect Software Allows For Plug-and-play Connection Between Laptops And External GPUs
Computex To Mark The Launch of AMD's New Polaris And Nvidia's Pascal GPUs
AMD Says Async Compute Support Give Radeon GPUs An Advantage Over Nvidia's Offerings In DX12 Gaming
AMD Adds New A10-7890K and Athlon X4 880K Processors To Its Line Up

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .