Home > News > AMD Posts Q1 Loss, CPU Sales Improve
NewsProcessors

AMD Posts Q1 Loss, CPU Sales Improve

AMD posted a first-quarter loss amid the oversupply and falling prices of flash memory chips used in cell phones. But microprocessor sales set a company record. AMD flash memory subsidiary, Spansion LLC, has filed paperwork for an initial public offering. In the second-quarter quarter, the company expects microprocessor sales to be flat or down slightly, in line with historical patterns. For the period ended March 27, AMD lost $ 17.4 million, or 4 cents per share, compared with a profit of $ 45.1 million, or 12 cents per share, in the same period last year. Sales fell less than 1 percent, to $ 1.23 billion from $ 1.24 billion. AMD experienced a rise in unit shipments, but average selling price declined significantly, resulting in weaker than expected sales.

AMD posted a first-quarter loss amid the oversupply and falling prices of flash memory chips used in cell phones. But microprocessor sales set a company record. AMD flash memory subsidiary, Spansion LLC, has filed paperwork for an initial public offering. In the second-quarter quarter, the company expects microprocessor sales to be flat or down slightly, in line with historical patterns. For the period ended March 27, AMD lost $ 17.4 million, or 4 cents per share, compared with a profit of $ 45.1 million, or 12 cents per share, in the same period last year. Sales fell less than 1 percent, to $ 1.23 billion from $ 1.24 billion. AMD experienced a rise in unit shipments, but average selling price declined significantly, resulting in weaker than expected sales.

TeamVR
http://vrzone.com
VR-Zone is a leading online technology news publication reporting on bleeding edge trends in PC and mobile gadgets, with in-depth reviews and commentaries.

Leave a Reply

Your email address will not be published.

Read previous post:
palmOne Tungsten E2 Handheld

Building on the popularity of the Tungsten(TM) E handheld, which has sold nearly 2 million units worldwide, palmOne.today announced the...

Close