10/19/2006

AMD profits, shipments up

Filed under: — By Aviran Mordo @ 11:03 am

AMD has turned in a good Q3 with sales of $1.33bn and net income of $134m, or 27 cents a share. Processor shipments rose 18 per cent from Q2 and revenues climbed nine per cent from Q2 and, on a like-for-like basis, 32 per cent from Q3, 2005 (last year’s figures included the lossmaking memory business, since spun off).

AMD says this reflects strong performance in all brands, but gross margin fell from 56.8 per cent in Q2 to 51.4 per cent in Q3. The company reports record mobile processor and Opteron server processor sales and higher average selling prices in both categories, so blame for the margin decline lies with to lower desktop processor ASPs.

Source: The Register

 

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