AMD profits still a long way off

Stefan Mileschin · 21st January 2016, 10:35

AMD is expected to tonight announce that its fourth quarter revenues are down 10 per cent as the outfit continues to try to turn its fortunes around.

AMD is to report its fourth-quarter results after the market close tonight and the outfit has already hinted that it will not be that good.

AMD guided fourth-quarter revenue down 10 per cent quarter-over-quarter with expectations for computing and graphics to be up quarter-over-quarter and shipments to consoles to be down quarter-over-quarter due to seasonality.

Gartner had already warned that world-wide PC shipments had declined 8 per cent so the chances of AMD pulling any rabbits out of hats when it depends on PCs was bleak.

AMD is now into its fourth year of restructuring, waiting for Zen to ship and without much else to hope for. If the company had not managed to get its chips into nearly every games console we suspect the staff would be hiding behind the sofa pretending to be out every time there was a knock on the door in case it was the bailiffs calling.

http://fudzilla.com/news/processors/...a-long-way-off

21st January 2016, 10:35	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,578	AMD profits still a long way off AMD is expected to tonight announce that its fourth quarter revenues are down 10 per cent as the outfit continues to try to turn its fortunes around. AMD is to report its fourth-quarter results after the market close tonight and the outfit has already hinted that it will not be that good. AMD guided fourth-quarter revenue down 10 per cent quarter-over-quarter with expectations for computing and graphics to be up quarter-over-quarter and shipments to consoles to be down quarter-over-quarter due to seasonality. Gartner had already warned that world-wide PC shipments had declined 8 per cent so the chances of AMD pulling any rabbits out of hats when it depends on PCs was bleak. AMD is now into its fourth year of restructuring, waiting for Zen to ship and without much else to hope for. If the company had not managed to get its chips into nearly every games console we suspect the staff would be hiding behind the sofa pretending to be out every time there was a knock on the door in case it was the bailiffs calling. http://fudzilla.com/news/processors/...a-long-way-off

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