Sunday, January 13th 2008
Analysts Forecast Big Q4 Losses for AMD
Advanced Micro Devices Inc. will report fourth- quarter results next week with Wall Street projecting bigger losses at the struggling chip giant. Analysts expect AMD to report a loss of 36 cents on revenue of $1.79 billion, compared with a loss of 4 cents, on revenue of 1.77 billion in the year-ago period, according to Thomson Financial. The Sunnyvale, Calif.-based company has been struggling to become profitable over the past year as it faced stiffer competition from archrival Intel and grappled with the cost of a major acquisition. AMD reported a wider-than-expected third-quarter loss of $396 million in October, largely due to a $120 million charge for its merger with ATI Technologies in 2006. The company has also struggled with product roll-out delays and mounting operating costs that some analysts warned were not sustainable. Analyst also foretell that AMD could bounce back as a stronger competitor, especially with the graphics technologies it now has after the ATI acquisition. The company also got a boost recently from an Abu Dhabi firm, which invested $622 million in AMD. Executives vowed last month that AMD will be back on its feet in 2008, and that recent production missteps will not be repeated.
Source:
CNN Money
26 Comments on Analysts Forecast Big Q4 Losses for AMD
Customers need Competition on every market on this planet!
So I cross my finger's for you gays!
But you will need a lot lot more, then just luck! I'm afraid!
So Do the right thing, with right prices and stand up and fight! (David vs. Goliath) :rockout:
Jan 07 - $20.18
Jan 08 - £6.18, with a low in the year of $5.53
www.digitallook.com/cgi-bin/dlmedia/security.cgi?username=&ac=&csi=14968
worth a punt at that price if you really believe they can pull it back ;).
If it stays low through early Feb, I'm dumping all my income tax returns into them (should be a little more than $1k). If I win the lottery, I'd put it all on AMD.
i hope this news doesn't put any other companies investing in AMD
Intel
Jan 07 - $27.98
Jan 08 - $21.99, low in the year of $18.86
www.digitallook.com/cgi-bin/dlmedia/security.cgi?username=&ac=&csi=20890
Nvidia
Jan 07 - $39.54
Jan 08 - $27.05, low in the year of $18.90
www.digitallook.com/cgi-bin/dlmedia/security.cgi?username=&ac=&csi=21808
they will probably survive the next year.. after that miracles might happen.. anti competition laws are helping them.. intel needs a competitor it has enough folks accusing it of being a monopoly as it is..
i have read of a possible clause in the right to make (license) x86 cpus granted by intel to amd that says if they go bankrupt or are taken over by someone else its all off..
an ideal situation for intel would be amd to survive at the lower end but leave intel in total control of eveything else.. which in essence was how it used to be in the distant past..
trog
Too many people in it = too much money = not enough oversight = manipulation/corruption.
Yes, fix the production problems.
Yes, come out with a ball busting product that will put Intel back on the defensive.
Yes, fire the CEO and all his cronies.
Yes, do not buy any more graphics companies as to keep NVIDIA happy so they keep making AMD SLI chipsets.
Simple.
Well, i'll do my small part at least - i'm building a new rig next week - an all AMD-ATI rig. lets just hope it wont get nostalgic any time soon :rolleyes:
notice how amd and sti were doing fine on there own but soon as they join forces it complicates things
i think there was some sort of fuck up with the ati and amd merger somewhere someone did somethign to fuck up the merger if i remember back to the merger i think people from ati left coz they didnt want to move and i think amd moved offices and people didnt want to move
if the merger went smoothly then it could have worked
i think AMD would have faired better tho if they didnt merge tho
i think that AMD needs nvidia to do well but that if nvidia do well it hurts AMD
see amd need nvidia to do well so they keep making good chipsets and support there cpu but if nvidia does well it hurts the graphics side of amd
amd need to get out of the motherboard production and graphics production side of things and just make cpus imo they need to sell ati to another company or let it out to another company and let them make graphics and motherboard chipsets
people forget that intel made cpu way before amd did amd used to have a license from intel in the 80s
intels rivals where ibm chips and some of the motorola chips
When AMD does finally settle and the smoke clears. You all will feel so silly. You beat up on AMD constantly every time it has any news. AMD did not force you to buy a Phenom or a 3800 Series card. If they are failures in your eyes, shut up, sit back and watch the Titanic Intel offerings set sail to your wallet.
Do you not remember what AMD did not less than 2 years ago. Yes they are having difficulties with high-end merchandise. Intel does have the money to get any and every researcher and chip developer in its pockets. I fear the day Intel stands alone.
AMD has made mistakes but who doesn't? :rockout: