Feeds

Rising sales to boost AMD Q4 revenue 10%

Revises forecast upward

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

AMD last night updated its guidance for its current fiscal quarter, its fourth, to reflect "robust", better-than-expected demand for the Athlon XP. The result, the company said, will be higher revenue than it previously forecast.

Growing shipments of PC processors will more than counter any dip in the Flash memory market, AMD said. Flash sales are expected to be at best no better than they were last quarter, but processor sales should rise sufficiently to generate a ten per cent quarter-on-quarter.

That should leave AMD reporting revenues of at least $842.46 million when it posts Q4 results later next month. The quarter ends 30 December. It also reckons it will ship more processors than it did in Q1, which perhaps isn't surprising given that this is the Christmas quarter and AMD has a better processor portfolio now that it did back then.

However, the chip maker will still report a loss. Cost-cutting programmes and increased sales will not be enough to turn the company round just yet, it admitted while sticking to its forecast of profitability in Q2 2002. Even that's in doubt if, among other factors, "Intel Corporation pricing, marketing programs, product bundling, new product introductions or other activities targeting the company's processor business will prevent attainment of the company's current PC processor sales plans" get in the way. ®

New hybrid storage solutions

More from The Register

next story
Quit drooling, fanbois - haven't you SEEN what the iPhone 6 costs?
How keen will buyers be when exposed to the real price?
Ex-Autonomy execs: HP's latest wad blows apart fraud allegations
Top bods claim IT titan's latest court filing is smoking gun of 'reckless aggression'
Forget silly privacy worries - help biometrics firms make MILLIONS
Beancounter reckons dabs-scanning tech is the next big moneypit
Elon Musk says Tesla's stock price is too high ... welp, NOT ANY MORE
As Nevada throws the SpaceX supremo a $1.25bn bone
Microsoft's Office Delve wants work to be more like being on Facebook
Office Graph, social features for Office 365 going public
prev story

Whitepapers

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.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
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.
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.