Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

AMD's console business pays off handsomely and profitably

Mark Hachman | Jan. 22, 2014
AMD's success in the game console business drove the company to its second consecutive profitable quarter, as the company easily beat Wall Street analyst estimates. Next up: prolonged success.

AMD has pinned its hopes on "Kaveri," the next-generation CPU/graphics chip that the company first announced at the Consumer Electronics Show this month in Las Vegas. AMD has also disclosed two new low-power chips for tablets and other low-power devices — Beema and Mullins — which it also showed off in prototype form at CES in a superslim design. (AMD has published its 2014 roadmap on this downloadable PDF document.) And sales of the AMD A8 and A10 series of processors reached record levels, Read said.

However, AMD's Graphics and Visual Solutions segment revenue was the foundation of AMD's success. Revenues increased 29 percent sequentially and 165 percent to $865 million, on $121 million of operating income. AMD also said that the average price of its GPU devices increased, helping boost its income. 

AMD's holiday successes aren't expected to continue, however. The company said that it expects revenue for the current first quarter to decrease 16 percent, plus or minus 3 percent, sequentially. Analysts expect a loss of a penny per share in the coming quarter.

 

Previous Page  1  2 

Sign up for CIO Asia eNewsletters.