AMD on track to report a profit for Q3

@ 2008/08/19
Remember AMD’s promise to return to profitability in the third quarter of this year? You may be wondering how this will be possible considering the fact that the company has lost money eight over the past seven quarters, including $269 million in Q2 2008, and no big bucks advances against Intel are in sight. But we are certain that AMD in fact will report a huge profit for the third quarter that may not originate from hugely increased product sales, but will create the foundation for the much anticipated announcement of AMD’s “Asset Smart”.

Comment from Kougar @ 2008/08/19
Will believe it when I see it.

And technically, you don't "return to profit" from one-time sales of company assets, is only so many company assets one can sell off.

 

 

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