Madshrimps Forum Madness

Madshrimps Forum Madness (http://www.madshrimps.be/vbulletin/index.php)
-   WebNews (http://www.madshrimps.be/vbulletin/forumdisplay.php?f=22)
-   -   Street Spanks AMD on Profit Worries (http://www.madshrimps.be/vbulletin/showthread.php?t=27326)

jmke 23rd October 2006 07:26

Street Spanks AMD on Profit Worries
 
Advanced Micro Devices (AMD) reported falling profit margins during the third quarter, sparking investor fears Oct. 19 that the computer chip maker faces pricing setbacks in its battle with archrival Intel's (INTC).

Sunnyvale (Calif.)-based AMD, the No. 2 chipmaker, said late Oct. 18 that its net income during the three month period ended Oct. 1 amounted to 27 cents per diluted share, compared to 18 cents per share during the same quarter last year.

But third quarter gross margin was 51.4%, compared to 56.8% in the second quarter of 2006 and 55.4% in the third quarter of 2005. The company blamed the decrease on lower prices for computer desktop processors.


All times are GMT +1. The time now is 19:03.

Powered by vBulletin® - Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO