AMD chief says company will return to profitability later this year

By Shawn Knight · 6 replies
Jan 23, 2013
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  1. AMD held a conference call following yesterday’s earning results in order to clear up any misunderstandings and field questions from analysts and investors. According to reports, CEO Rory Read outlined AMD’s three-phase restructuring plan with the goal of returning to...

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  2. Burty117

    Burty117 TechSpot Chancellor Posts: 3,147   +915

    Well the PS4 and Xbox 720 have both been rumored (heavily rumored in fact) to contain an 8 core AMD Jaguar based Processor? Surely if the 2 main console competitors are using your processors (or processor designs) that must be one hell of a contract? I'm guessing if these rumors are true, it probably plays a relatively big part in getting AMD profitable again.

    Not to mention that their Graphics Card's are also rumored to be in those consoles. (well the PS4 anyway)
    SantistaUSA likes this.
  3. veLa

    veLa TS Evangelist Posts: 782   +235

    I still actively support AMD and eagerly look forward to future success. For example I just can't bring myself to build an i3 machine when I get a Vishera.
  4. dividebyzero

    dividebyzero trainee n00b Posts: 4,891   +1,264

    Sorry to burst your bubble, but margins on console parts are razor thin. The parts will sell in huge numbers, but the parts themselves aren't big ticket items. Microsoft especially drive a hard bargain. If console parts were the promised land, AMD wouldn't be in such a state- they already provide the GPU for Xbox 360 (Xenos), and Wii (Hollywood), and Wii U (Latte)

    Anyhow, nice to see Rory add some continuity to AMD's earnings calls - nothing like a little deja vu

    Rory Read CEO AMD..."the aim of returning to profitability in the second half of 2013"

    Dirk Meyer CEO AMD..."we'll be in good shape to leave this year with a profit and free cash flow"

    Hector Ruiz CEO AMD..." [AMD is] on a road of continued recovery, which he believes will result in a return to profitability in the third quarter of 2008"
  5. Skidmarksdeluxe

    Skidmarksdeluxe TS Evangelist Posts: 8,647   +3,274

    I've also read these rumours (English spelling) & I couldn't agree more. Let's hope it's the rebirth of AMD.
  6. Skidmarksdeluxe

    Skidmarksdeluxe TS Evangelist Posts: 8,647   +3,274

    I really hope AMD can do a turn around & get back to competing against Intel in the high end again. It'll stop Intel making crazy decisions like dropping socketed chips etc.
  7. amstech

    amstech IT Overlord Posts: 1,936   +1,101

    AMD's competition is vital for several reasons. Thier chipset architecture is a little behind and thier GPU architecture's choppy/sparatic performance needs to be addressed, but I still have faith in them.
    My 5770's, 5870 and 6970 never felt as smooth or nearly as powerful (even if they benchmarked higher) as my GTX 280, 570 and 670 and I never knew why until I saw this article.

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