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Robert J. Rivet, AMD Executive Vice President and Chief Financial Officer  (Source: AMD)
Just a day after Intel's Q2 performance report, it's now AMD's turn

Yesterday, DailyTech reported on Intel's Q2 earnings. The company posted Q2 revenue of $8.7 billion USD, operating income of $1.35 billion USD and net income of $1.3 billion USD.

Today, it's archrival AMD's turn with regards to financial performance for the quarter. AMD recorded revenue of $1.378 billion USD, an operating list of $457 million USD and a net loss of $600 million USD.

This compares with revenue of $1.216 billion USD and operating income of $102 million USD for Q2 2006.

"While we made solid progress in the second quarter across a number of fronts, we must improve our financial results," said AMD CFO Robert J. Rivet. "We achieved a 12 percent sequential revenue increase, improved the gross margin and won back microprocessor unit and revenue market share."

AMD appears to have worked out problems that it had in late 2006 with OEM/channel processor distribution and attributes 38 percent sequential increase in microprocessor unit shipments to orders from Toshiba, an increased adoption of AMD-based platforms and strong initial sales of the ATI Radeon HD 2000 graphics family.

"We continue to focus on realigning our business model and reducing our capital expenditures and cost structure in the second half of the year," said Rivet.

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RE: 1.2 Billion in Losese Total Now
By melgross on 7/20/2007 12:06:31 AM , Rating: 2
IBM has NO interest in going back to the consumer business. They are doing very well now without it.

AMD is basically screwed.

They laid off people in R&D. What does that say?

With Nehalem, Intel will be going back to Hyperthreading, will use ODMC, and their equivalent of Hypertransport (forget what they call it).

Where does that leave AMD? Barcelona is late out of the gate, and crippled as well.

Phenom may not be much better.

They have the worst process tech (paradoxically, it's what saved then during Intel's Netburst run, and decline).

By Master Kenobi on 7/20/2007 9:05:25 AM , Rating: 2
Actually Intel has had the best manufacturing process technology since the beginning, this is what kept Intel from slipping further during netburst.

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