Sunday, December 21, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Introduces SE790C Curved Monitor
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 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
New Feature-stuffed Catalyst Omega Drives Released
AMD Adds The Mobile "Carrizo" Family of APUs to Its Roadmap
AMD Reveals Civilization: Beyond Earth Game Bundle, Overclocked Radeon R9 290X
AMD's Radeon R9 290X Graphics Card Now Available For Just $300
AMD Sales May Miss Estimates, New CEO Announces Restructuring
AMD Appoints Lisa Su as President and Chief Executive Officer
AMD To release Carrizo Notebook APUs Next Year
AMD Demonstrates Network Function Virtualization Solution on 64-Bit Embedded R-Series SoC
AMD To Showcase ARM Cortex-A57-Based Hadoop on Opteron Processors
AMD Moves Closer To The Introduction Of Project FreeSync Monitors
AMD Introduces DirectGMA on AMDs FirePro GPUs
AMD Launches AMD Radeon R9 285 Graphics, "Never Settle: Space Edition" Game Bundle

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 .