Feeds

Record sales for AMD but analysts disappointed

Chip maker now claims presence in 16 per cent of all PCs

  • alert
  • submit to reddit

The Essential Guide to IT Transformation

AMD failed to live up to analysts’ expectations, despite record sales growth during the fourth quarter of its financial year, ending 27 December. Sales were up 16 per cent on the previous quarter to $788.8 million, which was less than the $800 million Wall Street had anticipated. Q4 97 saw AMD record sales of $613.1 million - making Q4 98 an increase of 29 per cent year-on-year. Q4 98 profit stood at $22.3 million, the same quarter last year saw AMD record a loss of $12.3 million. For the full year, AMD saw sales increase by eight per cent to $2.54 billion, which resulted in a net loss of $103.9 million. In 1997 sales were $2.3 billion, with a net loss of $21 million. AMD shipped more than 13.5 million processors from the AMD-K6 family, more than 8.5 million of which were K6-2 chips. The company claims that 16 per cent of all Windows-based PCs contain an AMD chip, with this proportion growing to 38 per cent of sub-$1,000 PCs. ®

The Essential Guide to IT Transformation

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.