AMD reports net loss

By Derek Sooman on April 14, 2005, 6:09 PM
This first quarter has seen profits fall for AMD, who have reported an operating loss of $46 million for the period. Blaming fierce competition and pricing pressures in the memory space, AMD's sales for the first quarter 2005 amounted to $1.23 billion, slightly down from $1.24 billion recorded last year. Net results were sharply down from an income of $45 million to a loss of $46 million.

"Our microprocessor business delivered record sales in what is typically a seasonally down quarter, driven by increased sales across all product categories. We continued to gain momentum with year-over-year sales growth of 31 percent, highlighted by Opteron and Athlon 64 processor sales, each of which more than doubled from a year ago." - Robert J. Rivet, AMD's chief financial officer.




User Comments: 2

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Tarkus said:
It could also be that fact they want too much for their chips and nobody is buying. I've held off buying because the small gain in performance for a A64 FX55 at $900 doesn't make sense when you can buy an Athlon 2500+ Barton Mobile (that will run at 2.6 Ghz easily) for only $90. Even 90 nm 939 pin A64-3500 is three times as much as that Barton. The increase in sales of Opteron and A64 over last years sales isn't impressive since they were just introduced last year. Yes they are having problems with their flash memory division but then again they don't sell that in normal circles.
Per Hansson said:
I'd say their processor business is doing very well, it's the flash business that in past years (K6-2 timeframe) helped them survive but now it's holding them back insteadOh, and not all mobile 2500+ CPU's can do 2,6Ghz, mine only does 2,3 and not one Mhz more, FYI
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