AMD Records $396 Million USD Net Loss for Q3

SRTDodge05 · 10-19-2007, 03:36 PM

AMD records a loss for the third straight quarter

Earlier this week, DailyTech reported that were things were looking rosy for the Intel folks in Santa Clara, California. The company reported that its profits were up 43 percent on revenues of $10.1 billion USD.
Today, it was AMD's turn to report its Q3 earnings results. AMD recorded revenue of $1.632 billion USD -- this represented an 18 percent increase from Q2 2007. However, AMD reported an operating loss of $226 million USD and a net loss of $396 million USD -- this compares to a $611 million USD net loss for Q1 and a $600 million USD net loss for Q2.
Part of AMD's losses during Q3 can be attributed to its acquisition of ATI Technologies in 2006. The company is still reeling from the purchase and recorded a $78 million USD charge as a result. The ATI-related charge involved costs related to integration and severance packages. Another $42 million USD charge was recorded in relation to Spansion.

DailyTech - AMD Records $396 Million USD Net Loss for Q3

JMerrick · 10-19-2007, 07:28 PM

Ouch. Time to file for chapter 7.

***Ozzie*** · 10-19-2007, 08:07 PM

That's gotta hurt bigtime...hope they can pull it out.

bajo · 10-19-2007, 09:58 PM

ouch indeed .. why am I not surprised...?

Kedas · 10-20-2007, 06:18 AM

Quote:

Originally Posted by bajo

ouch indeed .. why am I not surprised...?

Maybe because you followed the market info.
Then you should also know that AMD plans/hopes to be break even or close to break even in Q4. (Q1 2008 should give profit.)
Their biggest problem now is market share, and to be honest I wouldn't want their current old technology CPU. Within a month we can start thinking again to buy AMD or intel for a new PC.

XJ. · 10-20-2007, 03:44 PM

A lot of people are buying K8 X2s based PCs because that's what HP and others put in their lower end consumer boxes sold at Best Buy, etc. But that's doing nothing for profits. AMD better learn to turn the screws on video/mobo chipsets and new CPUs real soon now if they want to get some of the higher end market back.

**k0NG0** · 10-20-2007, 05:09 PM

Quote:

Originally Posted by XJ.

A lot of people are buying K8 X2s based PCs because that's what HP and others put in their lower end consumer boxes sold at Best Buy, etc. But that's doing nothing for profits. AMD better learn to turn the screws on video/mobo chipsets and new CPUs real soon now if they want to get some of the higher end market back.

Yeah, it's going to be rough. With Nehalem looking so stellar already, too (not to mention Penryn which is out in a couple weeks). Hopefully they can crank Phenom fairly quickly, with a good stepping and good binning.

At least the chipset side looks pretty solid on specs, low-power and plenty of features. The PWM-based programmable digital power circuitry is going to be a hit among OCers and it's on all engineering samples, thus effectively mandated by AMD. Being able to key into the BIOS how much power you want to divert to PCIe and such gives them an edge, definitely. It's pretty pathetic with all these $3-400 mobos with old umpteen-phase power circuits still.

**Sandog** · 10-22-2007, 01:07 PM

Intel knows exactly where they will be in 1-5yrs and it will be way ahead of the competition. AMD will be lucky enough to get their house in order just so they can get bought, ie. quarterly losses approach 0$ in a few more quarters. Then they will probably be worth little against all the loans they have to pay back. AMD is a great company but they are failing because Intel is squashing them. I hope AMD is making plans with another party for its survival. They are too slow and weak on their own IMO.

**Gorganzola** · 10-22-2007, 04:16 PM

I installed the latest CCC from AMD/ATI the other day. They are including things like Google Toolbar and other "free" game offers during the install. To me this is pretty sad and bloody annoying. Whatever happen to running the application, clicking next a few times and you are done?

iMogal · 10-22-2007, 06:00 PM

So if AMD sinks, I guess its taking ATi with it too huh?
Looks like Intel might get two birds with one stone...

I gotta admit, I'm an Intel fan, but I hope AMD pulls through.

**Sandog** · 10-23-2007, 09:03 AM

I am interested in the RV670, might get one of these to replace my 8800 GTS.

10-19-2007, 03:36 PM	#1
SRTDodge05 Grab Life By The Balls Join Date: Jan 2003 Location: Michigan Posts: 7,835	AMD Records $396 Million USD Net Loss for Q3 AMD records a loss for the third straight quarter Earlier this week, DailyTech reported that were things were looking rosy for the Intel folks in Santa Clara, California. The company reported that its profits were up 43 percent on revenues of $10.1 billion USD. Today, it was AMD's turn to report its Q3 earnings results. AMD recorded revenue of $1.632 billion USD -- this represented an 18 percent increase from Q2 2007. However, AMD reported an operating loss of $226 million USD and a net loss of $396 million USD -- this compares to a $611 million USD net loss for Q1 and a $600 million USD net loss for Q2. Part of AMD's losses during Q3 can be attributed to its acquisition of ATI Technologies in 2006. The company is still reeling from the purchase and recorded a $78 million USD charge as a result. The ATI-related charge involved costs related to integration and severance packages. Another $42 million USD charge was recorded in relation to Spansion. DailyTech - AMD Records $396 Million USD Net Loss for Q3
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10-19-2007, 07:28 PM	#2
JMerrick Registered User Join Date: Apr 2006 Posts: 364	Re: AMD Records $396 Million USD Net Loss for Q3 Ouch. Time to file for chapter 7. __________________ OS Microsoft Windows XP Professional SP2 CPU Intel Core 2 Duo E6600 3.0 GHz (Conroe) Motherboard ASUS P5B-E RAM 2 GB Kingston DDR2-667 4-4-4-12 Dual Channel Video NVIDIA GeForce 8800 GT PCI-E 512 MB Audio SoundMAX HD Audio OS Microsoft Windows XP Professional SP2 CPU Intel Pentium 4 3.0 GHz with HT (Northwood) Motherboard ASUS P4P800 Deluxe RAM 1 GB Kingston DDR400 3-3-3-8 Dual Channel Video NVIDIA GeForce 7600 GT AGP 256 MB Audio SoundMAX Digital Audio OS Microsoft Windows XP Professional SP2 CPU Intel Pentium III 1.0 GHz (Coppermine) Motherboard ASUS P3V4X RAM 256 MB Kingston PC133 2-2-2-6 Video NVIDIA GeForce2 MX400 AGP 64 MB Audio Creative Sound Blaster Live!
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10-19-2007, 08:07 PM	#3
*Ozzie* CRS Designee Join Date: Feb 2001 Location: Apple Valley, MN Posts: 10,510	Re: AMD Records $396 Million USD Net Loss for Q3 That's gotta hurt bigtime...hope they can pull it out. __________________ Have you supported your forum today? Change is the only constant in life
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10-19-2007, 09:58 PM	#4
bajo C1eaner Join Date: Feb 2001 Location: TX, USA Posts: 17,254	Re: AMD Records $396 Million USD Net Loss for Q3 ouch indeed .. why am I not surprised...? __________________ USA "I won't be wronged, I won't be insulted, and I won't be laid a hand on. I don't do these things to other people, and I require the same from them." Duke (The Shootist) Gigabyte_AGP_LGA775, PentiumD960_dual core 3.6GHz, SapphireHD3850_AGP512MB_DDR2, WD RaptorX 150GB SATA_clearTop_16MB + Seagate 1TB SATA_32MB, CorsairDominator 2GB 8500_1066MHz, Dell 24" 2408WFP *AGP +DVIx2 +HDMI +DisplayPort +USB2x4, XPproSP3 Inspiron9400 17"uxga CentrinoC2duoT7600_2.39GHz_685MHz 4GB Micron6400@800_675_400MHz GeForceGo7900GSMobileForce_M6Enhanced_256MB 2x500GbSATA_7200rpm_16MBcache Vista hp, VistaP6002_SP2
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10-20-2007, 03:44 PM	#6
XJ. Back at the Zone! Join Date: Apr 2002 Location: NH, USA Posts: 6,365	Re: AMD Records $396 Million USD Net Loss for Q3 A lot of people are buying K8 X2s based PCs because that's what HP and others put in their lower end consumer boxes sold at Best Buy, etc. But that's doing nothing for profits. AMD better learn to turn the screws on video/mobo chipsets and new CPUs real soon now if they want to get some of the higher end market back.
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10-22-2007, 01:07 PM	#8
Sandog Moderator Join Date: May 2003 Posts: 6,688	Re: AMD Records $396 Million USD Net Loss for Q3 Intel knows exactly where they will be in 1-5yrs and it will be way ahead of the competition. AMD will be lucky enough to get their house in order just so they can get bought, ie. quarterly losses approach 0$ in a few more quarters. Then they will probably be worth little against all the loans they have to pay back. AMD is a great company but they are failing because Intel is squashing them. I hope AMD is making plans with another party for its survival. They are too slow and weak on their own IMO.
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10-22-2007, 04:16 PM	#9
Gorganzola ABXZone > Facebook Join Date: May 2001 Location: Hangin' with the fruits Posts: 9,510	Re: AMD Records $396 Million USD Net Loss for Q3 I installed the latest CCC from AMD/ATI the other day. They are including things like Google Toolbar and other "free" game offers during the install. To me this is pretty sad and bloody annoying. Whatever happen to running the application, clicking next a few times and you are done? __________________ TTFN. I wasn't asleep at the switch, I was drunk. -- Homer J. Simpson Q. How many dull people does it take to change a lightbulb? A. One. A very useful tool on these forums: You can Meebo in public.
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10-22-2007, 06:00 PM	#10
iMogal Zoom Zoom... Join Date: Oct 2002 Location: Canada Posts: 1,189	Re: AMD Records $396 Million USD Net Loss for Q3 So if AMD sinks, I guess its taking ATi with it too huh? Looks like Intel might get two birds with one stone... I gotta admit, I'm an Intel fan, but I hope AMD pulls through. __________________ SilverStone LG-08 Asus P5E-VM HDMI Intel e2180 O/C'd 2.85Ghz (8x355) 2x2Gb G.Skill DDR2-1000 (5,5,4,14) (2:3 533Mhz) Maxotr 120 Gig SATA 8Mb HIS 3870 Iceq3 Turbo 850 Corsair HX620 Modular PSU Dell UltraSharp 2407FPW Monsoon MM-700 2.1 Speakers __________________
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10-23-2007, 09:03 AM	#11
Sandog Moderator Join Date: May 2003 Posts: 6,688	Re: AMD Records $396 Million USD Net Loss for Q3 I am interested in the RV670, might get one of these to replace my 8800 GTS.
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