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

Featured Articles

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

We wanted to learn a bit more about Qualcomm's plans for wearables and it turns out that the company believes its…

More...
Qualcomm sampling 20nm Snapdragon 810

Qualcomm sampling 20nm Snapdragon 810

We had a chance to talk to Michelle Leyden-Li, Senior Director of Marketing, QCT at Qualcomm and get an update on…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

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