Friday, July 31, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Firefox Attacks Microsoft Over Default Browser in Windows 10
Sharp to Exit Americas TV Market
Researchers Showcase Javascript-based Attack On a Computer's DRAM
Hackers Used Twitter hashtags To Extract Data From Compromised Networks
Facebook Unveils New Security Checkup Tool
Court of Appeals Rejects Google's Move To Overturn Microsoft's Patent Royalty Victory
Toshiba Expands Lineup of Phase Detection Auto-Focus-equipped CMOS Image Sensors for Smartphones
Sony Profit Rises Following Demand For Mobile Cameras
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
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 > 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
New AMD Godavari A8-7670K Desktop Processors Released
AMD Reports Weak Second Quarter Results
AMD's Partners Bring The Fury To The Market
New Catalyst 15.7 Driver Brings Performance Optimizations
New AMD FirePro S9170 Server GPU Has 32GB Memory
AMD Lowers Second Quarter Outlook, Moves To FinFet
AMD Fury X Reviews Show Impressive Performance That Does Not Put Nvidia's 980 Ti Aside
AMD Considers Spinoff, Breakup: report
AMD Officially Launches The Retail Radeon 300 Series
E3: New AMD Radeon R9 and R7 300 Series Graphics Line-Up Takes Advantage Of New HBM Technology
AMD Targets Notebooks and All-in-Ones With 6th Generation A-Series Processor
New AMD A10-7870K APU Promises Performance And Affordability

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 .