Slashdot Mirror

← Back to Stories (view on slashdot.org)

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. Bad timing... K8 is getting old... by WoTG · · Score: 0, Redundant

    Ugly, ugly, quarter for AMD. The problem is that Intel is more than competitive again. Core 2 Duo's are generally better than Athlon X2's. And Quad core, even in Intel's glue-two-chips-together hack job, far outperforms a dual core.

    So, AMD has lost the high end. And in chips, the high end is incredibly profitable. An Opteron costs only marginally more to manufacture than a $50 Sempron, but retails for 10X more. This time last year, AMD was on the good side of the chip pricing world... right now, it's not.

    Fortunately, the next generation chip is around the corner, and things should be a little bit more even at the top end. The key question to AMD investors at this time, is WHEN will the chip be released?!