Friday, November 24, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Foundry in Advanced Discussions With New Customers for 7nm Chips
Tesla Finished Installing the World's Largest Mega-battery in Australia Within 100 Days
Apple Applies for Patent on Foldable Display
HP Patches Code execution Bug in Enterprise Printers
YouTube Takes More Steps to Tackle Down Videos Inappropriate for Minors
Broadcom Considering Increasing Qualcomm Bid
Facebook Will Notify you if you Have Followed Russian Propaganda
Russia Threatens to Block Ads on Google
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
GPU Shipments in Q3: AMD Increased 8 percent, Nvidia Increased 30 Percent
New Servers Based on AMD EPYC and AMD Radeon Instinct Platforms Appear at SC17
Intel to Add AMD Radeon Graphics to New Laptop Processor
Zen Cores Meet With Vega GPU cores in New AMD Ryzen Mobile Processors
AMD Reports Rise in Quarterly Revenue
AMD Unveils the Embedded Radeon E9170 GPU Based on Polaris Architecture
AMD's Ryzen Threadripper CPUs Get NVMe RAID Support
AMD 'Pinnacle Ridge' Series of 12nm Ryzen Processors Coming Early 2018
AMD Zen 2 "Matisse" Architecture Coming in 2019: report
GPU Shipments Increased from Previous Quarter
AMD Radeon RX Vega Graphics Cards and Radeon Packs Available Now
AMD Launches the Ryzen Threadripper High End Desktop Processors

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .