Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 19 April 2013 09:54

AMD doing better than expected

Written by Nick Farrell



Thanks to new markets

AMD is doing rather well, despite its core PC market being gutted by economic concerns. Lately the company has been trying to refocus its business as sales of laptops languish as companies put off buying new PCs and consumers are too broke to buy new PCs when the old ones are not broken.

AMD on Thursday reported revenue of $1.09 billion, down from $1.59 billion in the year-ago quarter. It said June-quarter revenue would rise two percent compared with the March quarter. But this is much better than the cocaine nose jobs of Wall Street had predicted. Analysts on average expected first-quarter revenue of $1.046 billion and June-quarter revenue of $1.071 billion. 

Intel posted similar sorts of results on Tuesday and bet on a recovery in PC sales in the second half of the year.

But AMD is managing to save cash in a more traditional way. It is slashing operating expenses and refocusing its chip technology on new markets like communications, microservers, game consoles, digital signs and stripped-down "thin client" computers.

AMD said in a statement it had a net loss of $146 million in the first quarter, compared with a loss of $590 millionin the same quarter last year.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments