Saturday, November 22, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Files ITC Complaint Against Nvidia
Europe To Ask Google Unlink Its Commercial And Search Services
Streaming TV Service Aereo Files for Bankruptcy
Square Launches Cash Register Service
Call of Duty: Advanced Warfare is the Biggest Entertainment Launch of 2014
Intel-Micron 3D NAND To Have 32 Layers, 256Gb Per Die
Intel To Release Chromecast-like Thumb-sized PCs
Google Contributor Lets You Pay And And See No Ads In Your Favorite Sites
Active Discussions
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
 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
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
AMD To release Carrizo Notebook APUs Next Year
AMD Demonstrates Network Function Virtualization Solution on 64-Bit Embedded R-Series SoC
AMD To Showcase ARM Cortex-A57-Based Hadoop on Opteron Processors
AMD Moves Closer To The Introduction Of Project FreeSync Monitors
AMD Introduces DirectGMA on AMDs FirePro GPUs
AMD Launches AMD Radeon R9 285 Graphics, "Never Settle: Space Edition" Game Bundle
AMD Introduces New 8-core FX-series Processors

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .