AMD Q3 losses not as bad as expected

Discussion in 'News Discussion' started by HardwareHeaven, Oct 16, 2009.

  1. HardwareHeaven

    HardwareHeaven Administrator Staff Member

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    AMD has posted better than expected third quarter results today. Although the company did detail a loss, it was a lot less than analysts expected.

    The loss, at 18 cents a share, compares with a loss of $134 million, or 22 cents a share, for the same period last year. Analysts had expected a loss of 42 cents a share. Revenue was $1.4 billion, an 18 percent increase over the second quarter of this year, while falling 22 percent compared to the third quarter of 2008. Forecasts had called for only $1.3 billion in revenue.

    With the financial help of Apple AMD's situation is a lot more positive than many expected last month.
     
  2. comp_ali

    comp_ali Sniper

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    Too bad it is still a loss but maybe all companies would suffer due to economic crisis after all.
     
  3. CDsDontBurn

    CDsDontBurn AMD & Petrol Heads Mod

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    i keep hearing of AMD having continuous losses. and, IIRC, that's the reason why AMD went to become a fab-less company, right?
     
  4. SeraphicSorcerer

    SeraphicSorcerer Well-Known Member

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    I love AMD, they post a loss, "it's just a flesh wound"

    They'll never go bankrupt, Invesotr swill lose money here to keep Intel in check imo.
     

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