AMD sales flat, profit falls from ’04
Well Duh, their cheapest Dual core processor is twice as expensive as Intel’s…..their FX-57 is not really much better than the FX-55 it was supposed to replace and doesn’t O/C very well….. and their whole line has become ridiculously expensive…..but they are the best processors on the market right now.
Advanced Micro Devices on Wednesday beat analysts’ estimates for its second-quarter results thanks to strong demand for personal computer chips.
The Sunnyvale company reported a profit of $11.3 million, or 3 cents a share, for the quarter ended June 26, down from $32.2 million, or 9 cents a share a year earlier. Analysts had expected a loss of 6 cents, according to Thomson First Call
Revenues were flat at $1.26 billion vs. the same number a year ago. Analysts had expected $1.22 billion in sales.
The company’s results were dragged down by a $90 million operating loss for AMD’s 60 percent share of Spansion, a flash memory joint venture with Fujitsu. In April, AMD said it would sell most of its share in Spansion in an initial public offering. Fierce competition with Intel in flash memory chips for cell phones is hurting the company.
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