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Big Quarterly Numbers for Intel & AMD |
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Written by Jared Maynard
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Sunday, 20 July 2008 |
"So much for only losing $200 million this quarter. At face value, AMD lost $1.19 billion this quarter, on revenue of $1.35 billion. The biggest loss (and biggest change) since last week was that for the second time AMD has taken a write-down on ATI, this time to the tune of $876 million. In the present-term this is a correction of the value of ATI within AMD’s books, but it’s also ongoing proof that AMD paid too much for ATI. The bit of good news here is that write-offs are not the same thing as actually losing money (even though they are calculated against net income), so AMD isn’t $1.19 billion poorer (not that they could afford to be)...
Meanwhile, Intel has had a fantastic second quarter. Revenue was $9.5 billion with a net income of $1.6 billion. This makes for a record 2nd quarter in revenue for the company, along with a surprising 25% jump in profit. This is very much a case of Intel doing well when AMD is suffering, not only are they capturing a larger share of the market, but AMD isn’t able to drive down the prices on their consumer products positioned above the Q6600, or roughly $250. The only thing Intel continues to face stiff competition with is the 4P+ server space, where AMD is still hanging in with the Opteron and its HyperTransport bus..." ~anandtech.com
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