Feeds

AMD gets unjustified kicking in share goolies

Yet many see bright times ahead...

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

The failure of AMD, or perhaps the success of Intel, in winning the contract to power X-Box futurology dented the shares of the Athlon manufacturer yesterday, but many analysts are reporting that Jerry Sanders' firm will make a big profit next year. The next financial quarter AMD will report will be the second consecutive quarter in a row where the firm made a clear profit and that will make its yearly estimate on Wall Street positive, rather than negative, for as many years as there are letters in the word yonks. Respected business journal The Wall Street Journal does a weekly summary of company share prices and according to its latest take, AMD is performing rather strongly, with many predicting much higher dividends for the next financial year. However, analysts on Wall Street yesterday all shook their heads glumly as they raked over the fact that AMD had lost the battle for the X-Box to its much bigger rival Intel, even though any product coming out of Redmond is quite a fair way off. Pension holders in AMD's stocks and shares have complained in the past because of its poor performance of yore. And if you think AMD is competing against Intel, have another think. Intel's microprocessors are obviously far less of a priority than it being a building block company, as witnessed by the amount of money it has spent in becoming that over the last eighteen months. (See Intel Capital). Although AMD's share price fell to $48, a drop of $3.5 on the day but opened up $2 when trading started. Its 52 week high was $60 on March 9th last, and the lowest was $14.5625 on April 14th last year. Even though most by then had realised its Athlon microprocessor was in with a fighting chance with Intel's processor technology, AMD's share price bumbled around at $16 for months. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.