Monday, January 23, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Hon Hai chief Mulls US$7 Billion Display Panel Investment in U.S.
Apple Sues Qualcomm Over Patent Royalties
Sharp Establishes New Research and Development Center for Home Appliances in China
Samsung Seeks Arbitration Over LCD Supply Halt
Canon May Invest In Toshiba's Chip Business
Samsung To Explain What Caused The Galaxy Note 7's ban In Press Event
Nintendo's 'Fire Emblem Heroes' Smartphone Game features in-app Purchases
Fujifilm X-T20 Features New 24MP Sensor and 4K Video Capture
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 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
New Ryzen CPU Could Give AMD A Better Market Share In 2Q17
AMD Ryzen Processors Detailed; They Are Smart And Powerful
AMD Announces Radeon Instinct GPU Accelerators for Deep Learning
Radeon Software Crimson ReLive Edition Brings Support For Chill, Along With New Features
Could Future Intel Chips Have AMD Graphics Inside?
Free Game Bundles For GeForce and Radeon Graphics Cards
Nvidia Was The Sole GPU Maker That Increased Its GPU Shipments In Q3 2016
AMD Radeon Open Compute Platform 1.3 Released At SC2016
New AMD Radeon Pro WX Series Graphics Cards Now Available

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 .