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AMD financials continue to decline, even with the launch of Fury X

AMD earnings are expected to disappoint, and even slide under the worst estimates
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Jul 7, 2015 6:40 am

AMD has launched its new first flagship video card in nearly two years, the Radeon R9 Fury X, and even still it's looking down the barrel of yet another quarter of disappointing financial results.




The chipmaker is expected to announce its Q2 results on July 16, with numbers that are said to be lower than even the worst estimates by analysts. AMD's Q2 sales have reportedly underperformed the worst estimates by analysts, and that investors are to expect revenue to be down 8% sequentially.


AMD's total revenue for Q1 was $1.03 billion, down 26.3% from the same period of 2014. If AMD's Q2 results are lower than this, in the $950 million mark, it would be a drop of around 34% from Q2 2014. Why? Well, according to AMD it's because of "weaker than expected consumer PC demand" but with AMD's dropping market share in the discrete GPU market, and NVIDIA securing a large chunk of it after it launched its GeForce GTX 980 late last year, I'd say it was the lack of any new products that saw sales slump, for AMD at least.


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