Feeds

AMD's Athlon strategy pays off

Company bounces back with Intel-busting quarter

  • alert
  • submit to reddit

Build a business case: developing custom apps

Semiconductor firm Advanced Micro Devices (AMD) made a net profit of $189.3 million on a turnover of $1.09 billion for its latest financial quarter, and attributed the profit surge to strong sales of both flash memory and its x86 Athlon microprocessor. The profit came in a quarter that is usually not the best for semiconductor firms, but was helped by Intel's inability to ship as many of its x86 processors as it would have liked. Jerry Sanders III, CEO of AMD, described the results as the best quarter in the firm's history, with sales in its three product groups all growing by as much as 89 per cent compared to the same quarter last year. Sales of the Athlon grew 50 per cent in the quarter, totting up at 1.2 million units, he said. AMD shipped a total of 6.5 million microprocessors, when the K6 family is taking into account. Sanders also revealed that the current quarter was showing good signs of growth. This will be aided by its further microprocessor introductions, codenamed Thunderbird and Spitfire, expected to arrive in late May or early June. Deals AMD made with firms like Cisco and Alcatel for flash memory also contributed to the pot, with AMD forecasting that demand will exceed supply for some time. Sanders said this quarter sales of x86 chips will be "modestly higher" than the last. AMD expects to ship 1.8 million Athlons and that average selling prices will hold up in the quarter. Like other technology stocks, AMD saw its share price falter during yesterday's training on Wall Street, but it closed at $76, up by over $5. ®

Boost IT visibility and business value

More from The Register

next story
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
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.
Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
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.