Monday, March 02, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Crafted from Metal and Glass, Samsung Galaxy S6 and Galaxy S6 Edge Are Here
MWC: SanDisk Introduces New Mobile Flash Drives, iNAND 7132 Storage Solution And 200GB microSDXC Card
MWC: New Tablets By Lenovo
Firefox OS Expands with More Partners, Devices
MWC: MediaTek Releases SoCs For Smartphones And Tablets
HP Introduces The Spectre x360 Convertible PC
Acer Unveils Windows Phone 10-ready smartphone At MWC
New ZTE Grand S3 Smartphone Offers EyeVerify Authentication
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 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 Carrizo Does HEVC, Packs South Bridge Chip
GPU shipments Dropped in Q4, Nvidia Had a Small Gain
AMD Cuts Prices Of Radeon Graphics Card To Cash On GTX 970 Memory Furor
Slow PC Sales Jeep AMD's Revenue Down
AMD at 2015 International CES
New Feature-stuffed Catalyst Omega Drives Released
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

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .