Feeds

Opteron carries AMD to banner Q1

Forgetting memory

Next gen security for virtualised datacentres

Freed of a money-losing memory business, AMD posted clean first quarter results that reflected gains in the server, desktop and mobile processor markets.

AMD reported first quarter revenue of $1.33bn and a profit of $185m. Those figures compare with revenue of $780m and income of $64m in the same period last year. AMD enjoyed increased sales across the board and noted particular success with its Opteron and Turion processors.

"Servers continued to be the leader here followed by mobile," said Henri Richard, an EVP with AMD.

AMD had "triple-digit growth" year-over-year with the Opteron server chip, Richard said.

The AMD results mentioned earlier from last year's first quarter exclude the memory business that has been spun off as Spansion. The money-losing memory unit weighed on AMD's improving processor results in recent quarters.

Analysts were impressed with AMD's quarter and told executives exactly that during a conference call.

"Congratulations on a great quarter," said Punk, Ziegel & Co. analyst JoAnne Feeney. The fickle Feeney was less thrilled last month when she downgraded AMD.

It always makes us nervous when the analysts cheer a company during these post results conference calls, but it seems to make the Wall Street crowd feel productive.

Much of the analyst attention also focused on how AMD will respond to an improved product lineup from Intel that will arrive in the second half of the year.

"Our competitor's future roadmap has gotten a lot of attention lately," said Dirk Meyer, the Prez and COO at AMD. "Our sales and marketing teams have been very focused on selling our current products."

Once done slapping Intel around, Meyer admitted that AMD expects a more even playing field in the coming months from a processor performance point of view.

AMD has enjoyed about a two-year performance edge over Intel on the server processor front, which has let it secure customers such as IBM, HP and Sun Microsystems.

The company expects second quarter sales to rise 65 per cent year-over-year. ®

5 things you didn’t know about cloud backup

More from The Register

next story
The Return of BSOD: Does ANYONE trust Microsoft patches?
Sysadmins, you're either fighting fires or seen as incompetents now
Oracle reveals 32-core, 10 BEEELLION-transistor SPARC M7
New chip scales to 1024 cores, 8192 threads 64 TB RAM, at speeds over 3.6GHz
Docker kicks KVM's butt in IBM tests
Big Blue finds containers are speedy, but may not have much room to improve
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
Gartner's Special Report: Should you believe the hype?
Enough hot air to carry a balloon to the Moon
Flash could be CHEAPER than SAS DISK? Come off it, NetApp
Stats analysis reckons we'll hit that point in just three years
Dell The Man shrieks: 'We've got a Bitcoin order, we've got a Bitcoin order'
$50k of PowerEdge servers? That'll be 85 coins in digi-dosh
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
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 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
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.