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.
Wednesday, 22 January 2014 13:21

AMD does well in the short term

Written by Nick Farrell

But outlook is bleak

AMD has reported a profit for the fourth quarter, thanks largely to the sale of its chips in Microsoft and Sony’s game consoles. However AMD’s forecast for the current quarter was disappointing and investors pushed its shares 10 percent lower after the results came out.

The chipmaker’s profit for the quarter was $89 million, compared to a loss of $473 million a year earlier. It is the outfit’s second profitable quarter in a row after a string of losses. Revenue climbed 38 percent to $1.59 billion, AMD said. Both the revenue figure and its earnings on a pro forma basis beat the expectations of Wall Street.

The gains came mainly from AMD’s Graphics and Visual Solutions segment, which sells semi-custom chips that are used in products including Sony’s PlayStation 4 and Microsoft’s Xbox One. Combined, the two consoles have sold more than 7 million units in less than two months. That helped lift its graphics revenue by 165 percent, or more than double, to $865 million. Average selling prices for AMD’s GPUs also increased from a year earlier, the company said, thanks to its new R7 and R9 Radeon graphics cards.

The business unit that sells CPUs for PCs and servers was rubbish. Sales were down 13 percent year over year, continuing a pattern from the past six quarters.

President and CEO Rory Read said AMD was hit by slower sales of consumer notebooks, a market where it traditionally does well but that’s being eaten up by tablets. Read claimed that some parts of the PC market may be stabilizing, but AMD still expects the PC market to be down 10 percent in 2014.

 

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