Strong APU Sales Helped AMD Catch Fire and Stay in the Black
Strong APU Sales Helped AMD Catch Fire and Stay in the Black
Posted 10/28/2011 at 8:34am
| by Paul Lilly
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After somewhat of a rough start to the year, chip designer Advanced Micro Devices (AMD) bounced back in the third quarter and posted a 7 percent sequential and 4 percent year-over-year increase in revenue of $1.69 billion, net income of $97 million on earnings per share of $0.13, and operating income of $138 million. All of these figures are higher than the ones posted in the same quarter one year prior, and that's in large part because of AMD's Accelerated Processing Units (APUs).
"Strong adoption of AMD APUs drove a 35 percent sequential revenue increase in our mobile business," said Rory Read, AMD president and CEO. "Despite supply constraints, we saw double digit revenue and unit shipment growth in emerging markets like China and India as well as overall notebook share gains in retail at mainstream price points. Through disciplined execution and continued innovation we will look to accelerate our growth and refine our focus on lower power, emerging markets, and the cloud."
AMD also increased its graphics segment revenue by 10 percent sequentially and 4 percent year-over-year, for which the chip designer attributes to seasonality in the add-in board market. It was a productive quarter for AMD, not just in terms of revenue, but from having released (finally) it's first x86 Bulldozer parts and setting a Guinness World Record for 'Highest Frequency of a Computer Processor.'
Image Credit: freewallpepper.com
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Silencer
October 29, 2011 at 2:21pm
That's all very good news, so-to-speak. And I'm very glad to hear it, thanks for the report!
But, WhenTF are they going to compete in the desktop CPU arena again?!? :O) ARGH!!!!
warptek2010
October 29, 2011 at 6:54am
I've always viewed AMD as the 'Rebel Alliance' against the 'Galactic Empire' of Intel. They won the battle of Yavin, Lost at the battle of Hoth. I guess next would be Endor?
gruvsf
October 28, 2011 at 12:04pm
I am excited to see how the new Bulldozer desktop APUs perform compared to an i5 processor. Should be interesting to see some comparison benchmarks
drufause
October 28, 2011 at 10:28am
Same Here I have a 2 year old laptop that i hope to replace with a trinity laptop soon.
Biceps
October 28, 2011 at 10:13am
YAY! Always nice to see the underdog come through. It has been tough for AMD in recent years, and it is great to see them in the black again. Congrats!
kixofmyg0t
October 28, 2011 at 9:47am
My next laptop will be a Llano based rig at the very least...and Trinity based hopfully.
Supall
October 28, 2011 at 9:28am
That's great news for AMD. Glad to know that they're getting back on track. Still, with the success of their APUs, I hope this doesn't mean we'll see them focus more and more of their attention on low-end netbook/laptop and less on the affordable enthusiast market.
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