Wednesday, March 04, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
IBM Buys AlchemyAPI
New Toshiba Smartwatch Reference Model features Bluetooth connectivity and Qi Wireless Charging
Samsung Expands Digital Display Portfolio with YESCO Electronics Acquisition
LG To Launch New Flagship Smartphone
Valve Reveals Steam Link Box For Steam In-home Game Streaming
NVIDIA Launches Shield Android Console That Streams PC Games from the Cloud
Sony's Project Morpheus Upgraded, Coming in 2016
Google Says Android Lollipop Does Not Encrypt Data Due To Performance Issues
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 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."




Previous
Next
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 Enters The Virtual Reality market With Liquid VR
AMD Carrizo Does HEVC, Packs South Bridge Chip
GPU shipments Dropped in Q4, Nvidia Had a Small Gain
AMD Cuts Prices Of Radeon Graphics Card To Cash On GTX 970 Memory Furor
Slow PC Sales Jeep AMD's Revenue Down
AMD at 2015 International CES
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

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 .