Close
  • Latest News
  • Artificial Intelligence
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Artificial Intelligence
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Latest News
    • Networking
    • PC Hardware

    AMD Posts $400M Q3 Loss

    By
    Scott Ferguson
    -
    October 18, 2007
    Share
    Facebook
    Twitter
    Linkedin

      Advanced Micro Devices posted a net loss of $396 million, down from a $136 million gain a year ago, and the chip makers fourth straight fiscal quarter loss.

      AMD posted $1.6 billion total revenue for the third quarter—an improvement of 18 percent compared to the second quarter of 2007 and nearly 23 percent better than the $1.3 billion it posted a year ago—but a $120 million charge for the 2006 acquisition of ATI hurt AMDs bottom line. Wall Street analysts had anticipated $1.52 billion in revenue.

      The loss comes at a time when demand for PCs is high. On Oct. 17, IDC reported that worldwide PC shipments increased about 15 percent during the third quarter and AMD reported that its microprocessor shipments increased 16 percent compared to the second quarter of this year.

      Despite those numbers, AMDs gross margins—a key metric in determining profitability and market share—were down to 41 percent compared to 51 percent this time last year.

      The numbers indicate AMD shipped more processors this quarter than the last quarter, but predominantly the lower priced laptop and desktop models, meaning AMD-based notebooks and desktops were less expensive to buy. Higher costs also impacted the margin.

      /zimages/2/28571.gifClick here to read eWEEKs interview with AMD CEO Hector Ruiz.

      Earlier this week, Intel reported a net income of nearly $1.9 billion for the third quarter, although the average selling price for its microprocessors remained flat. The company was able to turn a profit by selling more processors and cutting costs.

      /zimages/2/28571.gifCheck out eWEEK.coms for the latest news in desktop and notebook computing.

      Scott Ferguson
      Get the Free Newsletter!
      Subscribe to Daily Tech Insider for top news, trends & analysis
      This email address is invalid.
      Get the Free Newsletter!
      Subscribe to Daily Tech Insider for top news, trends & analysis
      This email address is invalid.

      MOST POPULAR ARTICLES

      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Applications

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      IT Management

      Intuit’s Nhung Ho on AI for the...

      James Maguire - May 13, 2022 0
      I spoke with Nhung Ho, Vice President of AI at Intuit, about adoption of AI in the small and medium-sized business market, and how...
      Read more
      Applications

      Kyndryl’s Nicolas Sekkaki on Handling AI and...

      James Maguire - November 9, 2022 0
      I spoke with Nicolas Sekkaki, Group Practice Leader for Applications, Data and AI at Kyndryl, about how companies can boost both their AI and...
      Read more
      Cloud

      IGEL CEO Jed Ayres on Edge and...

      James Maguire - June 14, 2022 0
      I spoke with Jed Ayres, CEO of IGEL, about the endpoint sector, and an open source OS for the cloud; we also spoke about...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2022 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×