$3.45B of revenue
AMD has released its Q1 2021 financial results and the company is doing well in all segments, beating its previous records and reporting record revenue of $3.45 billion.
Booming sales, but profits down
Chipzilla disappointed the cocaine nose jobs of Wall Street by turning in a second quarter profit forecast well short of their great expectations.
Chips sell even better than predicted
Samsung Electronics said its first-quarter operating profit managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs.
Gross margin up by seven percent, but falls short on analysts expectations
AMD has reported positive financial results for the fourth quarter of 2019, with revenue of $2.13 billion, which is 50 percent higher compared to the same quarter last year. Unfortunately, its shares have dropped by four percent due to weak Q1 outlook and failing to meet analysts' expectations.
Cypress deal going well
Infineon expects to meet its lowered guidance for the year to September after posting third quarter sales and profit in line with market expectations.
As iPhone sales fall, Tame Apple Press pulls out the stops
The Tame Apple Press is doing its best to spin the slow-moving train wreck, which is the iPhone results.
Poor growth for three years
Chipzilla bigwigs predicted only modest profit growth over the next three years, confirming that it is falling behind its big rivals.
Tame Apple Press says it is competition from Disney and another Mickey Mouse outfit
Netflix gave a weaker forecast just as Walt Disney and Apple prepare to escalate Hollywood’s streaming video wars.
Thanks to storage and data centre gear
The former maker of expensive printer ink, HPE beat analysts’ estimates for quarterly profit and revenue, thanks mostly to greater demand for its storage and data centre networking gear.