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AMD Reports $611 Million Loss

Posted By Brad On April 29, 2007 @ 9:56 am In BESComputers.net | No Comments

The company reported a net loss of $611 million on revenues of $1.233 billion, which is more than 20% below the guidance the company expected at the end of Q4 2006. The loss includes charges related to the ATI acquisition in the amount of $113 million, but is mainly a result of the increasing competition with Intel in the microprocessor market.

[1] read more | [2] digg story

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URL to article: http://blog.bescomputers.net/2007/04/29/amd-reports-611-million-loss/

URLs in this post:
[1] read more: http://www.tomshardware.co.uk/2007/04/19/amd_reports_611_million_loss/
[2] digg story: http://digg.com/hardware/AMD_Reports_611_Million_Loss

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