Advanced Micro Devices on Thursday slashed its revenue expectations for the quarter that ended on September 29, 2012. The company blamed problematic macroeconomic environment for drop in demand for its products.
AMD said that revenue for the third quarter of fiscal 2012 is expected to decrease approximately 10% sequentially, which is around $1.270 billion. The company previously forecasted third quarter 2012 revenue to decrease 1%, plus or minus 3%, sequentially. The lower than anticipated preliminary revenue results are primarily due to weaker than expected demand across all product lines caused by the challenging macroeconomic environment.
The company now expects third quarter gross margin to be approximately 31%; less than the previous expectation of approximately 44% primarily due to an inventory write-down of approximately $100 million due to lower anticipated future demand for certain products. Third quarter gross margin was also negatively impacted by weaker than expected demand, which contributed to lower than anticipated average selling prices (ASPs) for the company’s computing solutions group products and lower than expected utilization of its back-end manufacturing facilities.
Operating expenses for the third quarter are expected to decline approximately 7% sequentially as a result of tightly controlled expenses in the quarter.
AMD will report third quarter 2012 results after market close on Thursday, October 18, 2012.
Tags: AMD, Business
Comments currently:
23
Discussion started: 10/11/12 07:24:10 PM
Latest comment: 10/13/12 02:30:22 PM
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1.
With products inferior to Intel and NVidia, only brainless newbies like Charlie D. would have expected to see AMD being profitable and competitive.
Exodus of top designers and managers, the last of which was CFO, clearly shows to outsiders what is going on inside AMD.
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Posted by: Azazel
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Date: 10/11/12 11:23:26 PM]
+ expand thread (4 answers)
- collapse thread
Its true, they had to make the company stronger and not weaker. That is the stupid decisions of Mr.Rory.
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Posted by: AvonX
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Date: 10/12/12 06:11:54 AM]
The technical, social and business ignorance displayed by these two is showing. You folks might want to BUY a clue.
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Posted by: beenthere
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Date: 10/12/12 07:05:22 AM]
Ummm AMD isn't doing well???
What business ignorance are you talking about?
The only ignorance i have seen is from AMD "Rory" with comments such as "its good enough" and some AMD fan-boys its good enough for what i use it for. LoL Good luck with apu's man. I am definitely not going anywhere near that shit and vishera.
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Posted by: AvonX
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Date: 10/12/12 11:15:07 AM]
Except HD7000 series is at least as good as GTX600 series and enthusiasts would actually pin HD7970 GE as superior to 680, 7970 superior to 670 and 7950 superior to 660Ti, while HD7870 and 7850 still offer more value than 660 and 650Ti.
With overclocking or without, the fastest single GPU this generation is HD7970 GE. Maybe you forgot this?
http://www.xbitlabs.com/a...rclocked-signature-2.html
The graphics division is actually the one making $. I agree that Intel overall has superior CPUs but GTX600 didn't win this generation in performance, not even close especially for us overclockers gaming at high resolutions where GTX680 is 10% slower to begin with, chokes with 8xMSAA and mods.
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Posted by: BestJinjo
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Date: 10/13/12 12:00:41 PM]
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AMD instead of blaming problematic macroeconomic environment should blame themselves and their weak product range:
- CPUs are not competitive at all
- APU Trinity is almost the same as 1 year old Liano and faces strong competition not only from Intel but from IPAD/Android tablets as well
- Brazos was not updated for 1 year and not much competitive now
- Only GPUs are still competitive
So I see the following ways of improving AMD revenues:
1. Move Low Power Brazos to SoC (System on Chip) design to reduce system cost, implement all the mobile functions which ARM SoCs have like camera support, NAND Flash, LPDDR2/3 support etc... Use Big-Small approach or aggressive core switching off when idle to dramatically increase system standby time.
2. Move Fusion APUs (Trinity etc...) to SoC design to reduce system cost, make Middle and High End SoCs with support for 4 channel high frequency DDR3/4 memory and > 800 GPU cores, allow GPU to use full or most of System RAM as Video Memory. These SoCs should have similar performance to Middle or High End Intel CPU+Nvidia/AMD Graphics Cards but total systems with SoCs will cost much lower and will become Hits in Sales and will dramatically increase AMD Revenues.
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Posted by: calzahe
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Date: 10/11/12 11:27:07 PM]
+ expand thread (6 answers)
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"AMD instead of blaming problematic macroeconomic environment should blame themselves and their weak product range"
I totally agree with that, AMD is just finding excuses. Yes there is "some" lower demand but this is no excuse at all for AMD since they have a very small amount of the market share If they had better products they would be in a much better position right now. Not just some cheap low performance products just to save some money. And they should fire Rory the idiot because he has no clue of what he is doing. He has put the company in its current state with his stupid decisions.
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Posted by: AvonX
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Date: 10/12/12 06:01:43 AM]
AvonX-
You are clueless. You really are. You couldn't successsfully manage a lemonade stand let alone run a Biz.
Rory Read in fact is bringing you better AMD products but you're too technically illiterate to even know or understand this reality because you are blinded by your hate. You need to stop hating and educate yourself because your rants show how technically and socially ignorant you really are.
Jumping on the bandwagon as a hater is a total waste of time and energy as it changes nothing. A little education however could improve your life dramatically.
The haters hate because they have no real life and are unable to deal with the reality that their POV is not reality.
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Posted by: beenthere
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Date: 10/12/12 07:13:04 AM]
You remind me of someone at fudzilla.
Maybe you are dan_fag_amd??? LOL
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Posted by: AvonX
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Date: 10/12/12 11:30:45 AM]
calzahe-
Actually AMD's product range is just fine and still selling well in a world wide economic depression.
Trinity and Vishera sales will boost AMD sales further but the reality is PC INDUSTRY sales are down dramatically in 2012 to 2001 sales levels due to the world wide economic depression. AMD is not immune to a world wide economic depression nor are the other PC industry companies - as reality shows.
AMD has a good product road map and they will do just fine, thank you in spite of the critics who could never run a successful Biz in the real world.
BTW, no desktop or laptop PC needs 4-channel memory. This is designed for servers, not desktops as is DDR4. AMD's pricing isn't a disadvantage in sales it's a benefit. Intel's unscrupulous marketing activities however are a barrier to increased AMD sales but AMD won't be stopped. Intel has tried unsuccessfully for 30 years.
Trinity and Vishera sales will prove that people are plenty happy to buy AMD products even in an economic depression when close to 100 million people have become unemployed in the past 5 years.
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Posted by: beenthere
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Date: 10/12/12 07:26:56 AM]
Server issues?
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Posted by: beenthere
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Date: 10/12/12 07:28:06 AM]
Server multi-posting ?
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Posted by: beenthere
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Date: 10/12/12 07:31:36 AM]
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Advanced Micro Disappear
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Posted by: Tristan
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Date: 10/12/12 04:51:03 AM]
+ expand thread (1 answer)
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...laughable ignorance. If you believe the fools, AMD has been going out of Biz for the past 40 years, which shows who the clueless fools are.
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Posted by: beenthere
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Date: 10/12/12 07:14:17 AM]
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AMD to layoff up to 20% of workforce after recent earnings warning.
http://www.reuters.com/ar...20121013?type=marketsNews
Careful beenthere. You are about to lose your job as a paid shill.
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Posted by: GreenChile
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Date: 10/12/12 05:42:47 PM]
+ expand thread (3 answers)
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Exactly. beenthere is working for the failing AMD.
Soon enough there would be nobody left at AMD to fire. LoL The last one out will be the janitor and they will remind him to turn off the lights before he closes the door. LOL
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Posted by: AvonX
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Date: 10/13/12 08:06:00 AM]
As much as I love my Core i7 system, and my heavily overclocked Fermi cards last generation, you hardcore Intel and NV fanboys are the worst kind after Apple. Probably the same tools that bought Pentium 4s and the garbage FX5000 and GeForce 7 series.
Without AMD, the progress for CPU and GPU speed will slow down and over time prices will rise and/or we will get slower pace of releases for newer products. It actually already has slowed down for Intel as they used to be a lot more innovative up to Lynnfield/Nehalem. Since then we have hardly gotten much if any CPU increases from Core i7 @ 4.2ghz days.
It's pathetic that you are actually wishing for AMD to fail.
Why don't you put up your GTX690 against HD7970 CF at higher resolutions and see what happens?
http://www.xbitlabs.com/p...tx-690-sli/zfulltable.png
It's really sad that when AMD legitimately delivered the superior GPU series since X1950XTX, NV fanboys still won't admit it.
You can LOL all you want like an 18 year old boy you probably are but when GTX980 is $800, the only one laughing will be the CEO of Nvidia.
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Posted by: BestJinjo
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Date: 10/13/12 12:04:45 PM]
For your information i have an AMD CPU and Graphics card running in my rig.
I am not an intel fan-boy nor i am an Nvidia fan-boy.
But its really tiring to see all the crap posted from the die hard AMD fan-boys.
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Posted by: AvonX
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Date: 10/13/12 12:41:13 PM]
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