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AMD sees slight turnaround in Q4
AMD might be getting trounced by both Intel and Nvidia currently, but they are still managing to improve their financial situation. For Q4 2007, AMD managed to improve earnings - though not by much. Still, despite them losing considerably in the CPU market and taking a big hit with the purchase of ATI, they still managed to do well enough to inspire hope. Barcelona sold well considering how late it was released, and revenue from CPUs was up 11%.
I'd like to think that AMD knows what they are doing. More than that, I'd like to think that both their CPU and GPU divisions have more in store than the disappointments they've delivered in 2007. Given that they did manage to give themselves a boost towards the end of the year, hopefully the worst is over. Phenom, Fusion and other things await us, though it may not be enough to sway those they lost to Core 2.
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User Comments (6)
Post a comment| mirob on January 17, 2008 8:49 PM | They lose 1.72 billion and it's a turnaround?
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| Soul Harvester on January 17, 2008 8:56 PM | Surprisingly, yes it is.
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| peas on January 17, 2008 9:13 PM | If you don't understand financials, don't spout out BS numbers. AMD's purchase of ATI cost them alot of cash. It's called a one-time charge. Get over it.
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| mirob on January 17, 2008 10:05 PM | That number came from the dailytech, if it's BS you should tell them. When AMD is out of the red I'll call that a turnaround and I hope it's soon.
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| tc17 on January 17, 2008 10:21 PM | Just proves their cpu's and video cards aren't as bad as people make them out to be, or people wouldn't be buying them. Why pay more for an Intel cpu when you can buy an AMD cpu or video card that performs plenty good enough.
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| Julio on January 17, 2008 11:36 PM | AMD numbers have improved a little bit year on year as has their profit margin without taking in consideration the ATI acquisition. In the other hand, they keep losing money and ATI does not seem to be contributing for now to the overall financial health of the company. It's going to be a challenging 2008 for AMD, but like many of you I just wish them the best for our own good. Intel, Nvidia, AMD, all work their best when they have relentless competition.
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