Feeds

AMD chops Q3 sales forecast

Consumer notebooks fall off the table

Next gen security for virtualised datacentres

Whatever Intel does, Advanced Micro Devices has to do it too. And vice versa. The chip designer and seller (but not maker) warned Wall Street after the markets closed today that its third quarter isn't looking so hot.

AMD said that sales in the third quarter ending September 25 would be down between 1 and 4 per cent compared to the $1.65bn in sales it posted in the second quarter of fiscal 2010 ended June 26. When it reported its financial results for the second quarter back in mid-July, the company did not provide precise guidance, but said that it expected sales to be "seasonally up." That apparently is not going to happen, and sales will now, if you do the math, come in at between $1.55bn and $1.63bn.

"The sequential decrease is due to weaker than expected demand, particularly in the consumer notebook market in Western Europe and North America," AMD explained in its short statement.

In the third quarter of 2009, AMD's sales fell by 22 per cent, to just under $1.4bn and the company lost $128m. So a 1 to 4 per cent slip is a cakewalk by comparison.

The PC business is not just weighing on AMD, of course. Back in late August, Intel cut its own guidance for the third quarter, saying revenues would come in between $10.8bn and $11.2bn, significantly lower than the $11.2bn to $12bn guidance that the company gave Wall Street back in July 13 when it reported its Q2 results - its quarter in its history.

All of the PC market watchers have been cutting their 2010 shipment forecasts, and they might start sharpening their pencils again.

AMD reports its Q3 results on October 14. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
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.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.