Menu
Falling prices, ATI purchase rain on AMD's Q4 parade

Falling prices, ATI purchase rain on AMD's Q4 parade

Beset by sinking prices for microprocessors and the cost of acquiring graphics chip company ATI, Advanced Micro Devices has reported a fourth-quarter loss of $574 million, down from a profit of $96 million for the same quarter last year.

The loss came despite rising revenue and an increasing slice of market share compared to rival Intel. Excluding the charges of acquiring ATI and paying stock-based compensation, AMD posted $63 million in profit compared with $272 million last year. AMD's revenue rose from $1.35 billion for the quarter last year to $1.37 billion, excluding ATI revenue. Including ATI, revenue it was $1.77 billion.

AMD executives insisted they were positioned for success in 2007, pointing to their acquisition of ATI in October and a rise in quarterly revenue -- including the ATI deal -- of 31 percent from the fourth quarter of 2005.


Follow Us

Join the newsletter!

Or
Error: Please check your email address.

Tags AMDchips

Featured

Slideshows

Bumper channel crowd kicks off first After Hours of 2018

Bumper channel crowd kicks off first After Hours of 2018

After Hours made a welcome return to the channel social calendar with a bumper crowd of partners, distributors and vendors descending on The Jefferson in Auckland to kick-start 2018. Photos by Gino Demeer.

Bumper channel crowd kicks off first After Hours of 2018
Looking back at the top 15 M&A deals in NZ during 2017

Looking back at the top 15 M&A deals in NZ during 2017

In 2017, merger and acquisitions fever reached new heights in New Zealand, with a host of big name deals dominating the headlines. Reseller News recaps the most important transactions of the Kiwi channel during the past 12 months.

Looking back at the top 15 M&A deals in NZ during 2017
Kiwi channel closes 2017 with After Hours

Kiwi channel closes 2017 with After Hours

The channel in New Zealand came together to celebrate the close of 2017, as the final After Hours played out in front of a bumper Auckland crowd.

Kiwi channel closes 2017 with After Hours
Show Comments