AMD's report says a good second quarter, despite losses of $ 43 million      

Posted: 17 July 2010 by Anton Chuiko   |   Views: 90   |   Comments 0   |   Print     |   Discuss in forum
The second largest world producer of microprocessors, the company Advanced Micro Devices reported back in the second quarter. Reportedly, in particular, that the financial results of the AMD for the past three months were better than expected, despite the continued loss-making companies.
 
AMD's report says a good second quarter, despite losses of $ 43 million

According to published data, the net loss of AMD for the period totaled $ 43 million, while revenues reached $ 1.65 billion, up 40 percent higher than last year's figure of $ 1.18 billion. Also, increased operating income and AMD - up to $ 128 million, while gross profit was 45 percent.

These data indicate a gradual withdrawal of the company from the crisis, as well as demonstrate the ongoing global recovery, which gives consumers the opportunity to spend more money on the purchase of new and upgrade existing computers. In addition, AMD is preparing to submit next year a number of new developments, in particular, so-called APU family Fusion.

 
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