The business on personal computer struggled due to innovations made by tech titans Google and Apple. Intel and Microsoft's future growth was described to be hopeless whereas Advanced Micro Devices could still manage to have a better potential.
AMD's profits declined 18% from US$1.41 billion to just US$1.16 billion. Subsequently, the corporation swung from US$37 million net income or US$0.05 each share to US$74 million net loss or US$0.10. Nonetheless, the significant statement from AMD was the fact that its revenue rose 12% sequentially.
Furthermore, AMD's future is sharper because it products would play a part in the Nintendo Wii, Sony PS4 and Xbox One. Regardless of the gamers' first choice in accordance to the console that they would utilize, AMD would profit equally nevertheless. AMD just needed to focus on providing enhancements to the processor chips and it would already secure its future.
AMD also set higher standards by releasing its FX-9590 desktop processor. The product was the foremost commercially obtainable 5 GHz processor on the market. Experts believed that it would further boost AMD's revenue.
Join the Conversation