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AMD posts revenue, improved profits... bulldoze.. previous quarters

AMD posts first quarter results, impressive

Anthony Garreffa | Apr 21, 2011 at 9:45 pm CDT (0 mins, 41 secs time to read)

AMD have posted their latest earning results and for the first quarter of 2011 they were up by 2-percent compared to last year. Net income has grown by a very decent 98-percent. First quarter profits were higher than those from the holiday quarter, by 36-percent.

AMD posts revenue, improved profits... bulldoze.. previous quarters | TweakTown.com

AMD attributes the year-on-year growth to shipments of their APU (accelerated processing units), which "greatly exceeded" their expectations. Most people want to know which of AMD's businesses did best last quarter, microprocessors or graphics? The computing solutions side of things saw a revenue rise of 3-percent compared to last year, despite lower average selling prices. On the flip side, the graphics business was "flat year-over-year" and it also saw prices decrease.

Looking toward Q2, AMD is expecting its revenue to be "flat to slightly down" compared to the results of Q1.

Last updated: Apr 7, 2020 at 11:21 am CDT

NEWS SOURCE:techreport.com
Anthony Garreffa

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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