Wednesday, October 18, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel Advances Artificial Intelligence With Nervana Neural Network Processor
Razer Launches Quad-core Blade Stealth Laptop and Core V2 External Graphics Enclosure
Google Designed New Pixel Visual Core Chip Internally
The ZTE Axon M is the First Foldable Smartphone
New Microsoft Surface Book 2 Packs Real Power, Windows 10 Creators Update Release
NXP S32 Automotive Processing Platform Brings Future Vehicles to Market Faster
Google's Advanced Protection Program Adds Security Layers to Gmail
Qualcomm Debuts Snapdragon 636 Mobile Platform, X50 5G Modem For Mobiles
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 > Console...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 17, 2013
Consoles Drive AMD's Profitability


Advanced Micro Devices (AMD) posted third-quarter profit as the chipmaker turns to new game consoles to offset slow demand in the PC industry.

Advanced Micro Devices reported a third-quarter net profit of $48 million, compared to a net loss of $157 million in the year-ago quarter as the chipmaker turns to upcoming game consoles to offset slow demand for personal computers.

The company said its non-GAAP earnings per share were 4 cents, beating expectations of 2 cents a share.

AMD said on Thursday its third-quarter revenue was $1.46 billion, compared to $1.27 billion in the same quarter last year.

"AMD returned to profitability and generated free cash flow in the third quarter as we continued to successfully execute the strategic transformation plan we outlined a year ago," said Rory Read, AMD president and CEO. "We achieved 26 percent sequential revenue growth driven by our semi-custom business and remain committed to generating approximately 50 percent of revenue from high-growth markets over the next two years. Developing industry-leading technology remains at our core, and we are in the middle of a multi-year journey to redefine AMD as a leader across a more diverse set of growth markets."




Previous
Next
IsoHunt To Shut Down        All News        Google Revenue Rises in Third-quarter
IsoHunt To Shut Down     General Computing News      Google Revenue Rises in Third-quarter

Get RSS feed Easy Print E-Mail this Message

Related News
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
AMD's new Threadripper 1900X Costs $549
AMD's Radeon RX Vega 64 will cost $499, Radeon RX Vega 56 is $100 Cheaper
AMD Completes Ryzen Mainstream Desktop Lineup with the Affordable Ryzen 3 processors
GPUs and Ryzen Processors Help AMD's Financial Figures
AMD Tests Memory Overclocking On Ryzen Systems

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 .