Is anyone surprised? Anyone?
As shocking as it may sound AMD is subject to the current financial situation, too. By its latest report, its figures up to the 27th of December are going to be down an impressive (alas not in a good way) 25 per cent, thanks to a distinct lack of sales of AMD products.
AMD’s Q3 revenue was $1.585 billion (~£1.09 billion) which means Q4 predictions of $1.189 billion (~£817 million) aren’t exactly in the region of pocket change, especially considering how much of AMD’s debt is been passed to The Foundry Company. And, as AMD points out, that figure is “not including process technology license revenue,” although there’s no indication of what that amounts to. I doubt it’s enough to make AMD share holders happy, though.
Hopefully for AMD’s financials Phenom II will end up selling like hot cakes when it launches next year, after CES.
Clearly something needs to happen to reverse the companies fortunes – literally and figuratively. But, in the face of “weaker than expected demand across all geographies and businesses, particularly in the consumer market,” what can AMD do?