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AMD Loses $146 Million after $1.09 Billion Q1 2013 Revenue

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Updated: April 20, 2013
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NVIDIA released its financials a few days earlier this week and now AMD is following suit by now releasing theirs as well, in what could be viewed as positive if viewed under certain lights. The reason I say this is AMD has been traditionally losing money and at least this round we see the numbers looking much better than previous, but still enough to make their stockholders wince at the numbers in any case.

AMD reported a net loss of $146 million, which although somewhat staggering when you compare it to last quarter’s $473 million loss, it seems like a positive thing. I mean hey that is a $300 million better right? Stockholders freak out when they see loss of any kind but at least AMD is showing some improvement, albeit when you talk numbers like this the common man it seems immeasurable.

On the other side of the coin AMD has shown a total revenue of 1.09 Billion which is about the same as last year, leaving AMD flat in the numbers.  This number has fallen by $500 million since Q1 of 2012, which leaves room to speculate on how the company just keeps trudging along. After hour trading is rumored to have taken a serious hit in after-hour trading, as the stock now seems to be declining at a steady rate.

AMD does have a little light at the end of their tunnel as they have secured a deal with Sony for the new PS4 and that should help them a bit. Now of only they could get Microsoft to play ball and secure the Xbox 720 for AMD things would be much better than they are now. I like AMD and they have a great place in the market, but in all candidness I have often wondered how they survive at a loss every year. Any opinions on this situation, and how they do it year after year and still survive? Maybe they are owned in part by the US government to avoid a monopoly by Intel and therefore get a pass on some things? I am just speculating here, but something is up. Thanks for reading Tech Of Tomorrow where your voice has a place.

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