Feeds

AMD optimistic on Fusion as earnings flatten

2011: make-or-break year?

  • alert
  • submit to reddit

SANS - Survey on application security programs

AMD announced its financial results for the fourth quarter of 2010 on Thursday. The numbers were essentially flat as the Intel competitor navigated through the end of a year during which it positioned itself for what it hopes will be a more successful 2011.

"AMD enters 2011 with significant momentum, amplified by the successful launch of our first Fusion APUs," said Thomas Seifert, AMD's chief financial officer and interim chief executive following former CEO Dirk Meyer's surprise resignation earlier this month

"I am confident we can drive profitable growth based on the strength of new products we will bring to market," Seifert's statement continued.

During the fourth quarter, AMD pulled in $1.65bn in revenue, which was an increase over the previous quarter of a mere two per cent, and flat year-on year. Net income during the quarter was $375m, and operating income $413m.

For the entire year, revenues totaled $6.49bn, a comforting 20 per cent better than the company's painful 2009.

This year might very well be a make-it-or-break-it period for AMD. The company's long-awaited Fusion series of APUs (accelerated processing units) are now beginning to appear, both in low-power netbook, notebook, and tablet form in the C-Series and E-Series and in embedded form in the G-Series, released Wednesday.

More APUs are in the pipeline, and AMD – and its investors – are certainly hoping that the CPU/GPU mashiups will take a bite out of Intel's market share.

Interim CEO Siefert – in public, at least – is more than hopeful: he's "confident." ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
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.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
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.