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AMD Reports Second Quarter Results

btarunr

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#1
AMD (NYSE:AMD) today announced revenue for the second quarter of 2012 of $1.41 billion, net income of $37 million, or $0.05 per share, and operating income of $77 million. The company reported non-GAAP net income of $46 million, or $0.06 per share, and non-GAAP operating income of $86 million.

“Overall weakness in the global economy, softer consumer spending and lower channel demand for our desktop processors in China and Europe made the closing weeks of the quarter challenging,” said Rory Read, AMD president and CEO. “We are taking definitive steps to improve our performance and correct the issues within our control as we expect headwinds will continue in the third quarter as the industry sets a new baseline. We remain optimistic about our core businesses as well as future opportunities with our competitively differentiated next-generation Accelerated Processor Units (APUs). Our recently launched Trinity APU continues to gain traction with customers. We are committed to driving profitable growth.”

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#2
Not Bad!

Not Bad! Considering their CPUs suck and PC discrete graphics chips sales are are pretty low, thanks to the almost-dead state of PC gaming.
 
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#3
The launching of Trinity will give them a boost. AMD is leading the way with the APU front and should continue to pursue that angle.
 
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#4
Hang in there AMD, we need competition!
 
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#5
Not Bad! Considering their CPUs suck and PC discrete graphics chips sales are are pretty low, thanks to the almost-dead state of PC gaming.
What has that got to do with anything? Generally speaking Ipod and Macs suck, but Apples revenue is always good.

You need to disconnect yourself from bad products and the ability to make profit as the two are not always mutually exclusive.

Also pc gaming is far from dead. Didn't Diablo III sale 4 million copies in 24hrs? Infact PC sales are up 230%, console sales are down 28%.

http://www.gamingenthusiast.net/pc-games-sales-up-230-console-game-sales-down-28/
http://tech.fortune.cnn.com/2012/07/05/could-pc-gaming-make-a-comeback/
http://www.digitallifeplus.com/4784/diablo-3-first-day-sales/
 

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#6
Didn't Diablo III sale 4 million copies in 24hrs?
That's not a fair statement.
It's obvious that Blizzard (D3) and Bethesda (Skyrim) and all the other developers/publishers whose PC games are selling in the millions of units never got the notice that PC gaming was dead.
 
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#7
That's not a fair statement.
It's obvious that Blizzard (D3) and Bethesda (Skyrim) and all the other developers/publishers whose PC games are selling in the millions of units never got the notice that PC gaming was dead.
Forum trolls have been saying PC gaming is dead for years. I've always disagreed. It drops off a bit when the lastest console is launched, but always comes back stronger than ever.
 

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#8
I hope you knew that was sarcastic Dent ;)

AMD's processors don't suck.
While they compete with Intel you can't compare the two as Intel spends more in R&D in a quarter than AMD makes in a year, or two, or three.
There is more to the processor market than benchmark scores.

Their graphics division is flat but given the current economy that's not too much of a surprise.

IMO, AMD needs a massive advertising campaign ... but that costs money too.
 
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#9
Hang in there AMD, we need competition!
What competition?

There are companies like Intel, AMD, NVidia etc, they offer best products in their own area.

:toast:
 
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#10
Than the area of the FX CPUs are in another dimension... :X
 
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#11
Bravo amd
 
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#12
What has that got to do with anything? Generally speaking Ipod and Macs suck, but Apples revenue is always good.

You need to disconnect yourself from bad products and the ability to make profit as the two are not always mutually exclusive.

Also pc gaming is far from dead. Didn't Diablo III sale 4 million copies in 24hrs? Infact PC sales are up 230%, console sales are down 28%.

http://www.gamingenthusiast.net/pc-games-sales-up-230-console-game-sales-down-28/
http://tech.fortune.cnn.com/2012/07/05/could-pc-gaming-make-a-comeback/
http://www.digitallifeplus.com/4784/diablo-3-first-day-sales/
What you havent heard the news ?

Vivendi is try'n to sell its shares in Activision/Blizzard
 

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#13
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#14
I hope you knew that was sarcastic Dent ;)

AMD's processors don't suck.
While they compete with Intel you can't compare the two as Intel spends more in R&D in a quarter than AMD makes in a year, or two, or three.
There is more to the processor market than benchmark scores.

Their graphics division is flat but given the current economy that's not too much of a surprise.

IMO, AMD needs a massive advertising campaign ... but that costs money too.
Server and non-rigged software (ie linux results) says otherwise about not being competitive.

It's actually incredibly embarrassing for intel, but that's why they spend billions in marketing. You can make people believe whatever you want.
 
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#15
I still has faith in you AMD ^_^
 
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#16
thanks to the almost-dead state of PC gaming.
You gotta tell this to the 5 million people playing on steam during peak. That doesn't include BF3 and Diablo 3 players.
 
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#17
What competition?

There are companies like Intel, AMD, NVidia etc, they offer best products in their own area.

:toast:
AMD's area is quickly shrinking tho, and Intel isn't forced into making another C2D.
Look at the prices of GPU's it's ridiculous (however, the price cuts are coming)...
 
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#18
You gotta tell this to the 5 million people playing on steam during peak. That doesn't include BF3 and Diablo 3 players.
Or 10 million WoW players ;)
 
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#19
Wow they're finally in the black!
 

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#20
Perhaps if they hadn't gone down the road of vastly overpricing the 7xxx GPU's, they would have sold more.

They were/are piss poor value compared to previous generations...
 
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#21
Yet they have to make money ??? I said this after the APU`s hit We are seeing a CPU manufacture turning INTO A GPU one.If they had not released the 7000 at $599 4 months before the 680 from Nvidia and expected them to be #1 in the gpu market it would be a different story.
 
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#23

Andy77

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#24
Perhaps if they hadn't gone down the road of vastly overpricing the 7xxx GPU's, they would have sold more.

They were/are piss poor value compared to previous generations...

If they had not released the 7000 at $599 4 months before the 680 from Nvidia and expected them to be #1 in the gpu market it would be a different story.


You two are some funny clowns.

Tahiti is a competitive product and it's priced accordingly. Why should have it been sold for less? Less means low margins and profits would not have looked so good. It's a balancing act, sell less for more, get a good Profit per product at a good cost and less work or sell more for less, with less Profit per product, higher costs and more work. In the end they would have reached the same level, either way, just one of those ways would have been more complicated.

The problem with AMD is that they didn't plan for Tahiti enough... especially on the clock side with the GHz editions, it looks like a weak attempt at marketing and it also leaves older customers standing. It would have been better to release a BIOS update or something that would put all cards sold at a good level. This would increase the trust in their products and eventually would get more market-share.
 
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#25