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Friday, 19 October 2007 11:13

AMD continues to lose money

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Already a billion this year


AMD
has lost more than $1 billion so far this year, according to its latest results. The company has lost $396 million during the third quarter alone, which compares with a profit of $136 million in the same period a year ago.

However, the results were better than analysts expected, mostly because they did not take into account the ATI merger. AMD made $1.63 billion in sales for the latest period, which was an increase by 23 percent.

AMD company revenues were bolstered by higher microprocessor sales and the first shipments for revenue of its new Opterons.


Last modified on Friday, 19 October 2007 21:08

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