Saturday, October 22, 2016
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
TSMC, GlobalFoundries/Samsung To Present Their 7nm CMOS Platforms At IEDM
Hon Hai Gains Apple Mac Orders From Quanta
AT&T In Advanced Talks With Time Warner On Merger
LG's Next Flagship G6 Smartphone Won't be Modular
Samsung to Exchange Galaxy Note 7 with New Galaxy S8
Qualcomm Said to Be Near A Deal With NXP
AMD Revenue Forecast Falls Short of Estimates
Microsoft Cloud Strength Highlights First Quarter Results
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 > Console...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, April 18, 2014
Console Sales Lift AMD's First Quarter Results

AMD's first-quarter results were better than expected mainly due to the sales of processors that power both the Xbox One and the PS4.

AMD announced revenue for the first quarter of 2014 of $1.40 billion, operating income of $49 million and net loss of $20 million. The company reported non-GAAP operating income of $66 million and non-GAAP net income of $12 million, or $0.02 per share.

"AMD continued our momentum by building on the solid foundation we set in the second half of 2013, further transforming the company," said Rory Read, AMD president and CEO. "Backed by our powerful x86 processor cores and hands-down best graphics experiences, we achieved 28 percent revenue growth from the year-ago quarter. We are well positioned to continue to grow profitably as we diversify our business and enable our customers to drive change and win."

The Computing Solutions segment's revenue decreased 8 percent sequentially and 12 percent year-over-year, due to decreased client unit shipments.

Operating loss was $3 million, an improvement from an operating loss of $7 million in Q4 2013 and $39 million in Q1 2013 driven by lower operating expenses.

AMD's Graphics and Visual Solutions segment revenue decreased 15 percent sequentially and increased 118 percent year-over-year driven largely by semi-custom SoCs. GPU revenue increased sequentially and year-over-year due to strong demand for the AMD Radeon R7 and R9 family of products.

For the second quarter of 2014, AMD expects revenue to increase 3 percent, plus or minus 3 percent, sequentially.

AMD is also planning this year to launch low-power server chips to compete in data centers against Intel's high-end Xeon processors.

Facebook To Find Nearby Friends        All News        LG Expands 'Second Screen' TV Ecosystem With Open-Source SDK
Facebook To Find Nearby Friends     General Computing News      TSMC Reports Quarterly Profit

Get RSS feed Easy Print E-Mail this Message

Related News
AMD Revenue Forecast Falls Short of Estimates
AMD Details Radeon Pro Pipeline for VR Content Creation
AMD Collaborates with Alibaba Cloud to Deliver Cloud Computing Services Based on AMD Radeon Pro GPUs
AMD To Launch Zen Platform At CES 2017, New Socket-compatible 7th Generation Pro chips Launch Now
AMD Brings The Power Of Polaris To Embedded With New Radeon E9260 and E9550 GPUs
Mainstream Gaming PCs Powered by 7th Generation AMD A-Series Processors Debut
AMD Enters New Wafer Supply Agreement With GLOBALFOUNDRIES
AMD Increased GPU Market Share in Q2 2016
AMD Says Zen Procedssors Are Close, Outlines New Features
AMD Downgrades ARM Strategy For Servers
AMD Radeon RX 470 And RX 460 Are Shipping in Early August
AMD Radeon Pro Solid State Graphics Combines Polaris GPU With SSD Flash Memory

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 .