Feeds

AMD stems the bleeding in Q3

Profits are out there somewhere

SANS - Survey on application security programs

AMD posted revenues of $1.78bn for the third quarter of 2008, up 14 per cent on 2007, and made a net loss $67m - a massive improvement on the $1.19bn it lost in the second quarter.

But the soon-to-be ex-chipmaker warned of concerns looking forward. It expects no increase in revenue for the fourth quarter.

According to CEO Dirk Meyer, consumer spending was softer in September in US and Western Europe and even down slightly in China. Enterprise spending has been weak all year with no substantial change in the quarter, he said.

Units for both laptops and servers were up and the results impressed the markets - AMD shares rose in after hours trading on the news.

The company also added some more detail to its decision to go fabless. AMD announced last week that it would split itself into two companies - one to manufacture the chips and one to design them. The move should allow the company to avoid the massive capital investment in building fabs - a process which has got a lot more expensive with the current credit crisis.

Meyer said AMD was "on a path to being the company we aspire to be".

The company will look closely and learn from how ATI functions without manufacturing, he said. And he noted the requirement to formalise arrangements between research and manufacturing that was unnecessary when it is all within one company.

Full statement available here as a pdf. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Reg man builds smart home rig, gains SUPREME CONTROL of DOMAIN – Pics
LightwaveRF and Arduino: Bright ideas for dim DIYers
Leaked pics show EMBIGGENED iPhone 6 screen
Fat-fingered fanbois rejoice over Chinternet snaps
Apple patent LOCKS drivers out of their OWN PHONES
I'm sorry Dave, I'm afraid I can't let you text that
Microsoft signs Motorola to Android patent pact – no, not THAT Motorola
The part that Google never got will play ball with Redmond
Slip your finger in this ring and unlock your backdoor, phone, etc
Take a look at this new NFC jewellery – why, what were you thinking of?
Happy 25th birthday, Game Boy!
Monochrome handset ushered in modern mobile gaming era
Rounded corners? Pah! Amazon's '3D phone has eye-tracking tech'
Now THAT'S what we call a proper new feature
US mobile firms cave on kill switch, agree to install anti-theft code
Slow and kludgy rollout will protect corporate profits
prev story

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.