CEO Admits AMD 'Bungled' Barcelona Launch

AMD CEO Dirk Meyer had something to say to the press today, and it was something along the lines of bungling (I love that word) the Barcelona launch. As The Inquirer so eloquently puts it, Barcelona "was hyped as the best thing since nylon stockings. In the end it was launched six months late, failed to work then, and is now adrift on high seas, apparently following its arch-competitor's Itanic on a trip to Laughing Stock Island." As far as an official statement goes, Dirk Meyer had this to say regarding Barcelona:

We haven't delivered our quad core product according to plan. We'll make good on our promise to deliver hundreds of thousands of quad core processors, but we're disappointed. We blew it, and we're very humbled by it. And we learned from it, and we're not going to do it again.

If AMD's financial records continue their abysmal performance, and the stock continues sinking below the four-year low it currently is at, AMD may not have too many more chances to redeem their reputation.