Tuesday, July 29, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
BlackBerry Strengthens Its Mobile Security Portfolio With The Acquisition of Secusmart
IBM, ACS And AT&T Claim Breakthrough In Elastic Cloud-to Cloud Networking
HP Says Internet of Things Devices Are Vulnerable to Attack
China Starts Anti-monopoly Investigation On Microsoft
Apple's MacBook Pros Now Come With Faster processors And More Memory
Rhapsody Now Has 2 million Subscribers
LG Starts Selling Its 105-Inch Curved UHDTV
Motorola Said To Make Google's Next Phablet
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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 Reports Second-quarter Loss
AMD Announces New A-Series APUs
AMD Mantle API Gains Support Of Three New Electronic Arts Titles
Here's AMD's New FirePro W8100 New Professional Graphics Card
AMD to Release Liquid-Cooled CPU
AMD's APUs To Deliver 25x Efficiency Gains by 2020
Executive Changes For AMD
AMD Adds New Games to Never Settle Forever Bundle
AMD To Outsource Chipsets Development To ASMedia: report
New Mobile Kaveri APU brings Steamroller, Graphics Core Next and HSA to Notebooks
AMD Unveils Mobile Kaveri Specifications
Nvidia Holds Market Share In Add-in Board Market

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 .