News
 

Bookmark and Share

(1) 

AMD today announced that sales for the second quarter ending June 29, 2003 are anticipated to be approximately $615 million. The company’s projection made in connection with the release of first quarter results was for second quarter sales to be at least $715 million.

According to AMD’s CFO, the anticipated global sales improvement in the month of June had not materialized as the company had anticipated. In particular, the decline in personal computer and handset sell-through in China and other Asian markets, largely related to the SARS epidemic, significantly affected AMD’s sales in the second quarter, Robert J. Rivet said today.

Intel’s Second Quarter of Fiscal 2003 is within expectations. The largest semiconductor maker expects revenue to be between $6.6 billion and $6.8 billion, as compared to the previous range of $6.5 billion to $7.0 billion. The midpoint of $6.75 billion said in mid-quarter update is even higher compared to the initial figure of $6.70 billion.

I believe that aggressive roll-out of i865-series chipsets and rapid inventory clear-outs of i845-series happened in May and April also impacted sales of AMD platforms.

AMD will report its second quarter 2003 results on July 16, 2003. AMD's share price has begun to drop. It currently stands at $6.19, down 6.07%.

Discussion

Comments currently: 1
Discussion started: 06/24/03 03:01:44 PM
Latest comment: 06/24/03 03:01:44 PM

Add your Comment




Related news

Latest News

Monday, April 14, 2014

8:23 am | Microsoft Vows to Release Xbox 360 Emulator for Xbox One. Microsoft Xbox One May Gain Compatibility with Xbox 360 Games

Tuesday, April 1, 2014

10:39 am | Microsoft Reveals Kinect for Windows v2 Hardware. Launch of New Kinect for Windows Approaches

Tuesday, March 25, 2014

1:57 pm | Facebook to Acquire Virtual Reality Pioneer, Oculus VR. Facebook Considers Virtual Reality as Next-Gen Social Platform

1:35 pm | Intel Acquires Maker of Wearable Computing Devices. Basis Science Becomes Fully-Owned Subsidiary of Intel

Monday, March 24, 2014

10:53 pm | Global UHD TV Shipments Total 1.6 Million Units in 2013 – Analysts. China Ahead of the Whole World with 4K TV Adoption

10:40 pm | Crytek to Adopt AMD Mantle Mantle API for CryEngine. Leading Game Developer Adopts AMD Mantle

9:08 pm | Microsoft Unleashes DirectX 12: One API for PCs, Mobile Gadgets and Xbox One. Microsoft Promises Increased Performance, New Features with DirectX 12

3:33 pm | PowerVR Wizard: Imagination Reveals World’s First Ray-Tracing GPU IP for Mobile Devices. Imagination Technologies Brings Ray-Tracing, Hybrid Rendering Modes to Smartphones and Tablets

2:00 pm | Nokia Now Expects to Close Deal with Microsoft in Q2. Sale of Nokia’s Division to Close Next Month