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AMD Reports $611 Million Loss

Posted by Zonk on from the just-a-little-bit-of-money dept.

mpfife writes "Toms Hardware reports that declining microprocessor sales have pushed AMD deeply into the red. 'The company reported a net loss of $611 million on revenues of $1.233 billion, which is more than 20% below the guidance the company expected at the end of Q4 2006. The loss includes charges related to the ATI acquisition in the amount of $113 million, but is mainly a result of the increasing competition with Intel in the microprocessor market.'"

1 of 230 comments (clear)

  1. Blame it on piracy by nurb432 · · Score: 0, Offtopic

    Everyone else seems too these days..

    --
    ---- Booth was a patriot ----