Thursday, November 26, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
German ISPs May Block Music-sharing Sites: court
Study Says HTTPS Certificate and SSH Key Reuse Endangers Millions of Devices Worldwide
SK Hynix Rejects Chinese Take-over Offer
New Huawei Mate 8 Smartphone Launched With Kirin 950 Inside
Samsung's New DDR4 with TSV Gives a Boost To Data Centers and Servers
New Raspberry Pi Zero Is A $5 Tiny Computer
Panasonic's CX Ultra HD Smart TVs Bring 4K Closer To Home
New LG Ray Smartphone Focuses On Photo Shooting
Active Discussions
roxio issues with xp pro
How to back up a PS2 DL game
Copy a protected DVD?
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 > Console...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 17, 2013
Consoles Drive AMD's Profitability

Advanced Micro Devices (AMD) posted third-quarter profit as the chipmaker turns to new game consoles to offset slow demand in the PC industry.

Advanced Micro Devices reported a third-quarter net profit of $48 million, compared to a net loss of $157 million in the year-ago quarter as the chipmaker turns to upcoming game consoles to offset slow demand for personal computers.

The company said its non-GAAP earnings per share were 4 cents, beating expectations of 2 cents a share.

AMD said on Thursday its third-quarter revenue was $1.46 billion, compared to $1.27 billion in the same quarter last year.

"AMD returned to profitability and generated free cash flow in the third quarter as we continued to successfully execute the strategic transformation plan we outlined a year ago," said Rory Read, AMD president and CEO. "We achieved 26 percent sequential revenue growth driven by our semi-custom business and remain committed to generating approximately 50 percent of revenue from high-growth markets over the next two years. Developing industry-leading technology remains at our core, and we are in the middle of a multi-year journey to redefine AMD as a leader across a more diverse set of growth markets."

IsoHunt To Shut Down        All News        Google Revenue Rises in Third-quarter
IsoHunt To Shut Down     General Computing News      Google Revenue Rises in Third-quarter

Get RSS feed Easy Print E-Mail this Message

Related News
AMD Ends Driver Support For Radeon HD 5000 and 6000 series
New AMD Radeon Software Crimson Edition Available For Download
AMD Radeon R9 380X Released
AMD Offers Free Star Wars Battlefront With Radeon Fury Cards
AMD Gained Market Share Over Nvidia In Q3
AMD Replaces Catalyst With New Radeon Software Hub Crimson
AMD's 'Arctic Islands' GPUs On Track For 2016 Release
AMD Releases New Embedded R-Series Processors
AMD To Form Joint Venture With Nantong Fujitsu Microelectronics On Semiconductor Assembly and Test Operations
AMD FirePro Graphics Powers New Dell Precision Mobile Workstations
AMD To Cut 5 Percent of Its Workforce
AMD Introduces PRO A-Series 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 .