Quantcast

Don't have an account? Register Now! Forgot password?

Related Articles
Maximum IT
SEE MORE MAXIMUM IT
News

AMD Stops the Hemorrhaging, but is Still Bleeding Cash

Posted 10/18/08 at 07:08:02 PM  by Justin Kerr

comment Commentsprint Printemail EmailDeliciousDiggStumbleUponRedditFacebookSlashdot

AMD posted better-than-expected earnings on Thursday and proved to its chief rival Intel that they may be down, but not out. The company which has been losing money for some time now managed to make a respectable 13 cents per share which far outstripped analyst expectations of a 39 cent loss. This is good news for AMD, but the semi conductor giant isn’t out of hot water just yet. The company still posted a $67 million dollar loss, though when you compare this to the $396 million it shed in the same quarter last year it suddenly doesn’t seem so bad.

Not surprisingly, sales and margins improved mostly on the back of its graphics chip division which has made significant gains in market share at the expensive of Nvidia. Revenues rose to $1.78 billion again pulling ahead of analyst expectations of a meager $1.48 billion. AMD has stated that it expects fourth quarter earnings to be flat, and given its current processor lineup vs. Intel, not losing any further market share will indeed be a challenge. The recent announcement that will split the company in two won’t take effect until year end. AMD stock is currently trading at $4.21 down almost 50% since the beginning of the year.

 

amd

 

COMMENTS:6
TAGS: amd, intel, cpu, nvidia, processor, stocks
COMMENTS
avatarSo for $20 bucks I could

Submitted by Keith E. Whisman on Sun, 10/19/2008 - 9:14pm

So for $20 bucks I could just about buy up enough stock to own controlling interests in the Company..... LOL..

Login or register to post comments
avatarFlip Flop

Submitted by brokenmoth08 on Sun, 10/19/2008 - 11:45am

AMD was ahead for a while now it is Intel's turn. The way I see it in buying CPUs you win either way Intel makes awesome chips, AMD makes good chips at awesome prices. A Quadcore with an unlocked multipier for under $200. One has to dominate to make the other lower their price. Unless your Apple, then you jack them up.

Login or register to post comments
avatarAMD = Too toasty

Submitted by HarmonicShadow on Sat, 10/18/2008 - 7:45pm

I'm not much of a fan of AMD's.  They get too hot too fast and die all too often.
--------------------------------------------------------------------------------------------------------------------------
Bill Gates: "What's that?"
Steve Jobs: "It's an iHouse."
Bill Gates: "But there's no Windows."
Steve Jobs: "EXACTLY!!"

Login or register to post comments
avatarjust a matter of time...

Submitted by dc10ten on Sat, 10/18/2008 - 7:23pm

itll be just a matter of time before AMD catches up. I don't know if and when they can pass intel, but i hope they get back to where they were

Login or register to post comments
avatarCompetition = America Intel + Nvidia = ??

Submitted by HarmonicShadow on Sat, 10/18/2008 - 7:06pm

More competition means less of a monopoly.  It would be really interesting if Nvidia combined with Intel or vice-versa.  A big GPU and Motherboard maker combines with a big CPU and Motherboard maker.  Look at AMD and ATI's model.  Intel and Nvidia coming together on something, other than in a CPU and GPU in the same motherboard, would be pretty cool.

Login or register to post comments
avatarhopefully amd will get on

Submitted by guoruiwu1994 on Sat, 10/18/2008 - 5:54pm

hopefully amd will get on its feet soon, the more competition the better.

Login or register to post comments

This Month's Issue
Maximum PC
SUBSCRIBE NOW
AND SAVE!
FEATURE How to Get FREE Programs, Services, Software & MoreFEATURE Digital Photo Printer RoundupHOW TOBuild a 3D CameraFEATUREDIY Arcade PCWHITE PAPERHow TRIM Works