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

Featured Articles

Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
TSMC 16nm FinFET Plus in risk production

TSMC 16nm FinFET Plus in risk production

TSMC’s next generation 16nm process has reached an important milestone – 16nm FinFET Plus (16FF+) is now in risk production.

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

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