Sunday, March 26, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
LG's Mobile Payment Service Coming Soon
Samsung Backs Away From Restructuring Plan, Gears Up For Galaxy S8 Release
Microsoft Delivers Telemetry-free Windows 10 To China
Samsung Plans To Release New Curved TVs
ASUS STRIX GD30 Gaming Desktop Released
New Alcatel A30 and Moto G5 Plus Available On Amazon
CIA Used Sophisticated Hack Techniques To Apple Devices: WikiLeaks
Samsung Adds 4G LTE Capability to Gear S3 Classic
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 Eye...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, July 19, 2013
AMD Eyes Game Consoles For Further Growth


AMD forecast revenue growth of 22 percent in the third quarter from the second, as the chip maker expands into new game consoles and other markets to offset slowing sales of PCs.

The company announced revenue for the second quarter of 2013 of $1.16 billion, an operating loss of $29 million and a net loss of $74 million, or $0.10 per share. It also reported a non-GAAP operating loss of $20 million and a non-GAAP net loss of $65 million, or $0.09 per share.

"Our focus on restructuring and transforming AMD resulted in improved financial results," said Rory Read, AMD president and CEO. "Our performance in the second quarter was driven by opportunities in our new high-growth and traditional PC businesses. Looking ahead, we will continue to deliver a strong value proposition to our established customers and also reach new customers as we diversify our business. We expect significant revenue growth and a return to profitability in the third quarter."

AMD is rushing to refocus on new markets as consumers buy fewer laptops and more tablets and smartphones.

AMD processors are being used in Microsoft's upcoming Xbox One and Sony 's next-generation PlayStation game consoles.

AMD in the second quarter also introduced new PC chips, which will sell in larger volumes during the third quarter. AMD introduced its first ARM-based server chips, which will ship in the second half of 2014.

AMD said third-quarter revenue would rise 22 percent, plus or minus 3 percent, compared with the June quarter. That increase would be about $1.416 billion.


Previous
Next
Microsoft Reports Significant Loss On Unsold Surface Tablets        All News        Google 2Q Results Hit By Low Ad Rates
Microsoft Reports Significant Loss On Unsold Surface Tablets     General Computing News      Google 2Q Results Hit By Low Ad Rates

Get RSS feed Easy Print E-Mail this Message

Related News
AMD Ryzen 5 CPUs For Desktops Launching April 11 Worldwide
AMD Comments On Thread Scheduling, Temperature Reporting Issues On Ryzen CPUs
AMD Previews "Naples" Server Processor, Coming in Q2 2017
AMD Ryzen 7 Desktop Processors Launch, Adding Pressure To Intel
GDC 2017: AMD Unveils Vega Retail Name, Partners With Bethesda And Talks About Asynchronous Reprojection
AMD Launches Ryzen PC Chips, With A Price And Performance That Could Threaten Intel
Nvidia, and AMD Increase GPU Attach Rates While Total GPU Shipments Remain Flat
ISSCC: Intel Presents 2.5D FPGA, AMD Details Upcoming Zen x86 Core
AMD Says New Ryzen CPU Is Coming Early March, Followed by the Vega GPU
AMD Outlines New Vega Graphics Architecture
AMD Showcases PCs and AM4 Motherboards Ready for Ryzen
AMD Radeon FreeSync 2 Technology Brings High Dynamic Range Gaming to PC Displays

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .