Feeds

Opteron carries AMD to banner Q1

Forgetting memory

HP ProLiant Gen8: Integrated lifecycle automation

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. ®

Reducing security risks from open source software

More from The Register

next story
Sysadmin Day 2014: Quick, there's still time to get the beers in
He walked over the broken glass, killed the thugs... and er... reconnected the cables*
SHOCK and AWS: The fall of Amazon's deflationary cloud
Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
US judge: YES, cops or feds so can slurp an ENTIRE Gmail account
Crooks don't have folders labelled 'drug records', opines NY beak
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
BlackBerry: Toss the server, mate... BES is in the CLOUD now
BlackBerry Enterprise Services takes aim at SMEs - but there's a catch
The triumph of VVOL: Everyone's jumping into bed with VMware
'Bandwagon'? Yes, we're on it and so what, say big dogs
Carbon tax repeal won't see data centre operators cut prices
Rackspace says electricity isn't a major cost, Equinix promises 'no levy'
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
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.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.