Error
  • JUser::_load: Unable to load user with id: 67

Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 22 April 2011 09:32

AMD beats expectations, posts strong results

Written by


Fusion in high demand
AMD has posted better than expected quarterly earnings and the company believes it can continue to beat expectations thanks to upcoming Fusion products.

Q1 revenue was $1.61 billion, slightly higher than analysts’ expectations. Net income in the same quarter was $510 million, compared with $257 million in Q1 last year. However the graphics business reported an operating income of $19 million, compared with $47 million in the same period last year. AMD blames the downturn on seasonal market trends and reduced average sales prices.

In a conference call with analysts, AMD interim CEO Thomas Seifert announced that board was actively reviewing candidates for the new CEO. Former AMD COE Dirk Meyer recently left the company following a series of disagreements with the board about AMD’s mobile strategy.

In addition, Seifert praised the success of AMD’s new Fusion APUs, which were in high demand in Q1.

“APU unit shipments greatly exceeded our expectations, and we are excited to build on that momentum now that we are shipping our ‘Llano’ APU,” said Seifert.

The upcoming introduction of Llano, as well as the all-new Bulldozer architecture, promises to make 2011 a memorable year for AMD, provided everything goes as planned.

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments