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Old 18th Jan 2008, 08:28 AM   #1 (permalink)
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Default AMD reports fifth-straight quarterly loss

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Advanced Micro Devices on Thursday reported a heavy loss for its fourth quarter, due mostly to charges connected to its acquisition of graphics chip maker ATI.

AMD reported a net loss of US$1.772 billion -- greater than its revenue for the quarter, which was $1.770 billion. The figures compare to a loss in the fourth quarter last year of $576 million on revenue of $1.773 million.

The net loss included charges of $1.675 billion, mostly related to AMD's acquisition of ATI in 2006. Excluding the charges, AMD said its loss would have been $97 million, greater than the $25 million it lost in the fourth quarter a year earlier.

This is the fifth-straight quarterly loss for AMD, which has been struggling to get its newest processors to market on time.

AMD delayed volume shipments of its quad-core Opteron processors, code-named Barcelona, in early December when it said it found a bug in the chip's Level 3 cache memory. Earlier this month, AMD said it was pushing back the release of its quad-core Phenom 9700 and 9900 processors.

The company still managed to ship a record number of microprocessors in the quarter, it said on Thursday, including nearly 400,000 of its quad-core chips.

Source: PC World - AMD reports fifth-straight quarterly loss
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Old 19th Jan 2008, 10:03 AM   #2 (permalink)
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Hmm.. Apparently, even Intel isn't very well.
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Old 19th Jan 2008, 01:57 PM   #3 (permalink)
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not surprised..... hopefully they'll decide to make computer parts again some time soon
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Old 19th Jan 2008, 02:55 PM   #4 (permalink)
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At least they're consistent...
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Old 19th Jan 2008, 03:21 PM   #5 (permalink)
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Quote:
Originally Posted by PsYkHoTiK View Post
At least they're consistent...
Consistently bad? LOL!!

Perhaps they are taking the long view.

Well, I hope it pays out for them!
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Old 21st Jan 2008, 08:28 AM   #6 (permalink)
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Before they lose everything.
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