Saturday, August 02, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
French Carrier Iliad To Bid For T-Mobile
Google's Ambitious Secret Barge Project Was Scarped
Chinese Smartphones Boost Sharp's 1Q Operating Profit
HP's Luxury Smartwatch Coming This Fall
Tessera and Micron Execute New Technology and Patent License Agreements
Sony Releases The AS20 Action Cam, New Cyber-shots
Microsoft Releases New Limited Edition Wireless Mobile Mouse 3500 With Master Chief from Halo
Researchers Discover New Smartphone Flaws
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > General Computing > AMD Cut...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, October 12, 2012
AMD Cuts Sales Forecast Due To Weak Economy


AMD today announced that revenue for the third quarter ended September 29, 2012 is expected to decrease approximately 10 percent sequentially.

The company previously forecasted third quarter 2012 revenue to decrease 1 percent, plus or minus 3 percent, sequentially. AMD said that the lower than anticipated preliminary revenue results were primarily due to weaker than expected demand across all product lines caused by the challenging macroeconomic environment.

The company now expects third quarter gross margin to be approximately 31 percent; less than the previous expectation of approximately 44 percent primarily due to an inventory write-down of approximately $100 million due to lower anticipated future demand for certain products. Third quarter gross margin was also negatively impacted by weaker than expected demand, which contributed to lower than anticipated average selling prices (ASPs) for the company's Computing Solutions Group products and lower than expected utilization of its back-end manufacturing facilities.

AMD expects operating expenses for the third quarter to decline approximately 7 percent sequentially as a result of tightly controlled expenses in the quarter.

AMD said it was also affected by lower selling prices for its chips and poor utilization of its manufacturing facilities.

The write-off could be tied to its "Llano" Fusion chips, which started appearing in PCs in the middle of last year. AMD had supply and manufacturing issues with Llano and demand for the chip was poor. The company is doing better with a successor to Llano code-named Trinity, which became available in laptops and PCs in May.

AMD hopes that it could benefit from Microsoft's launch of Windows 8, which will ship in PCs starting the end of this month.

The company will report third quarter 2012 results after market close on Thursday, October 18, 2012.


Previous
Next
September Video Game Sales Drop        All News        New Microsoft Office Reaches RTM
Windows 8 Pro Available For Pre-order     General Computing News      New Microsoft Office Reaches RTM

Get RSS feed Easy Print E-Mail this Message

Related News
AMD Introduces New Kaveri APUs for System Builders
AMD Opteron 64-Bit ARM-Based Developer Kits Now Available
AMD Reports Second-quarter Loss
AMD Announces New A-Series APUs
AMD Mantle API Gains Support Of Three New Electronic Arts Titles
Here's AMD's New FirePro W8100 New Professional Graphics Card
AMD to Release Liquid-Cooled CPU
AMD's APUs To Deliver 25x Efficiency Gains by 2020
Executive Changes For AMD
AMD Adds New Games to Never Settle Forever Bundle
AMD To Outsource Chipsets Development To ASMedia: report
New Mobile Kaveri APU brings Steamroller, Graphics Core Next and HSA to Notebooks

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .