Feeds

AMD posts huge loss

Best thing about Q1 is it's gone, Sanders says

  • alert
  • submit to reddit

Internet Security Threat Report 2014

As warned, AMD showed a huge loss of $128, 367,000 on turnover of $631,593,000 for its first financial quarter 1999. Revenues dropped by 20 per cent from its last quarter, when AMD managed to turn in a net profit of $22,321,000. But compared to the same quarter last year, AMD managed to show an increase in revenues of 17 per cent, when it also posted a loss. Jerry Sanders III, CEO of AMD, said: "The best thing that can be said about the first quarter is that it's over. The significant decline in revenues reported by AMD in the first quarter was almost entirely due to previously reported AMD-K6®-2 microprocessor yield issues. "The large revenue decline in the face of high fixed costs and record spending on research and development of $160 million in the quarter precipitated the unprecedented loss." Sanders claimed that improvements in in March and in the current quarter to date will mean a sharp increase in unit production in the current quarter. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.