AMD reports $74 Million Loss Despite Big Profits

Updated: July 24, 2013

Even though AMD’s fiscal 2013 second quarter profits were $1.16 billion, it wasn’t enough to keep it from an overall loss. Net loss was $74 million with an overall operation loss of $29 million or about $0.10 cents per share. AMD remains optimistic about its future and ability to post profits for the next quarter.

This is the second quarter in a row where AMD has seen significant loss as its past quarter was a loss to the tune of $146 million which equates into $0.19 cents per share. When one combines the two losses for a total of $220 million, it’s quite evident that AMD is having a difficult time keeping up with the current market trends of mobile devices and tablets. These two key market segments have seen a huge upswing of people forgoing their desktop for more casual use such as email and social media.

AMD’s president and CEO, Rory Read said: ”Our focus on restructuring and transforming AMD resulted in improved financial results. Our performance in the second quarter was driven by opportunities in our new high-growth and traditional PC businesses. Looking ahead, we will continue to deliver a strong value proposition to our established customers and also reach new customers as we diversify our business. We expect significant revenue growth and a return to profitability in the third quarter.”

AMD’s saving grace should come with all of its design wins for the next generation consoles – XBOX One, Playstation 4 should help turn things around rather sharply. There’s plenty of speculation about which console will sell the most, but it frankly doesn’t matter to AMD as, either way, it should come out the winner.

Source: Maximum PC

Lee

With their gaming bundles, I think they may make up for it, here in Thailand, Malaysia and Singapore. AMD are the preferred choice among gamers, well currently.
- Eric Gothe
  
  Hmm shocked you even mentioned Malaysia ( But I wont be surprise if Elric doesn’t even know Malaysia lol ) , where you from may I ask ?
  And Indeed it does benefit us , since one Original game cost us over a few 100 bucks , and buying a GPU bundle up with that many games it’s a super great deal indeed !
- Letni
  
  Yeah AMD is prefered choice in foreign countries because it’s cheap technology. You get what you pay for. Move to America and experience the joys of freedom and Intel.
  - ande
    
    “move to america and experience the joys of freedom and intel” has to be the most retarded shit i ever read plus the rest of your comment shows you know fuck all about the rest of the world. Should be “come to america experience fat stupid people that think there number one”
    - Jason Castleberry
      
      Someone that does not know the difference between, there, their and they’re should not be calling someone stupid. Americans make an avg of 2-3 times more than the rest of the world. Jealousy will get you nowhere.
Skyless0

All i can say is…. “let’s have fate in them and pray for them to pull through”
I am a AMD fan and my rig is AMD based and lastly, it worked like a charmed
- Fyriif
  
  faith*
Filip Pešić

I’m not and AMD or Nvidia or Intel fan.. I respect them all.. But, think little bit.. If AMD shuts down…. Nvidia and Intel will jump up all the prices, because there is no competition anymore… That would be terrible for us, customers.. But let us all hope that doesn’t happen.. And you Nvidia fans too.. Cheers from Serbia, stay positive, always……..
- John Campos
  
  If Nvidia and Intel make better products why am I going to bail out a company using my own money?
  - Filip Pešić
    
    Didn’t get you.. You wanna say.. That no matter what’s the price you’re still gonna buy them? nv or intel..? hahahahahah no.
    - John Campos
      
      Oh, so you mean I should purchase an inferior product right now so that the superior products don’t cost more in the future? That makes sense. NOT!
      - Filip Pešić
        
        I really don’t understand what you were trying to say.. And neither do you in opposite.. :p So.. I guess, nevermind… (don’t .. rage on me)
      - John Campos
        
        Who’s raging? Lol. I actually do understand what I’m saying, you clearly do not.
Mlgpro Marik

Isnt that wanderful?
we can see a “related” youtube video on the right side that is talking about a KILLER INTEL $1500 pc
you probebly hate amd
- Elric Phares
  
  That is by far the dumbest comment yet, so because AMD has financial problems we hate them? We just report the facts.
  - Mlgpro Marik
    
    What? Who said that you hate AMD because they have problems???? All i said is that it was funny that i saw a INTEL killer pc on a post about amd losing money, I lost hope in you Elric… :
    - Travis Evans
      
      You can twist Elrics comment how ever you want. You did say he probably hates AMD. The video is his most recent video he has posted for Tech of tomorrow. I am not speaking for Elric or Tech of tomorrow when I say, right now Intel has a better product, maybe things will change in the future and AMD will have the better product.
      - Mlgpro Marik
        
        i said that as a joke….
      - Lx24
        
        “a joke”? No matter what, but even considering to post something like that here, even if you just mean it as a joke, puts some seriousness to it.
        So even if you were joking, you really think that way at some point.
      - Mlgpro Marik
        
        you’re post gave me cancer .-. what do you mean???? O.o”
      - Mlgpro Marik
        
        First what do you have to do with my and Elric’s argue?
        2) we need amd to continue making cpu’s even if they are terrible because then intel would take advantage out of it and rocket launch the prices because they dont have competition…….
      - Travis Evans
        
        Fair enough, but I hate to see people claiming AMD is the better product when they clearly are not. I do not hate AMD either, but being honest will push AMD to compete with Intel and push Intel to try to stay on top. It doesn’t bother me that people buy AMD for the value, that will help keep the price down. I know you never said you where an AMD fan or that you think AMD has the better product, but it seems to appear you are a fan.
      - Mlgpro Marik
        
        Its ok Though i dont hate amd/intel/nvidia i built 2 computers 1 with gtx 780 and a 8350 and another computer with an HD 7770 and an i5 3570k… so… yeah… i am not a fan of neither and i am not a hater
    - Elric Phares
      
      Look at your comment, you plainly say we hate AMD…
      - Mlgpro Marik
        
        i said that as a joke…
      - Mlgpro Marik
        
        And also you said that i said that you hate amd BECAUSE THEY ARE IN A FINANCIAL LOSE i never said or quote that.
LamboboySV

AMD will make proffit when the new gen of consoles will come out because they both use the same AMD chips.
- Mlgpro Marik
  
  If thats enough to get them to still produce CPU’s then its good… concidering that they also get money for every xbox that is getting sold ( i think )
Jean C. Fernandez

AMD PLEASE RELEASE THE RADEON 9000 SERIES! 9970 MAYBE?
iMatthewjj

AMD Should Just drop the FX Line and keep with APU no point making the FX when everyone just buys intel processors. AMD GPU’s are good but their processors are crap except apu.
- LordReserei
  
  Bold statement to say everyone buys Intel processors. People are still buying their CPUs, whether it be the remaining Phenom II’s (I have an x6 1090T) or FX (I intend to go for the 8350 soon) – I know a lot of people who have FX line processors.
Guest

you just keep giving away AMD stuff i swear their company will be in profit
https://twitter.com/dharmik_mehta DHARMIK MEHTA

are there any chances just like like intel that they will throw away their own CPU in mobile marketing
James

Over zealous analysts and marketing ad’s like this suggesting they are in serious trouble. This is good for business. I really like dell’s idea to go private and stop this insidious madness. The company can and will do fine, pleasing the shareholders constantly and stupid press like this is just making you your own worst enemy. Take for example apple going from most profitable to everyone jumping ship due to this same shit. America is it’s own worst enemy.
AMDWIZ

WOW if AMD goes bankrupt all we will have left is Intel CPU’s and Nvidia graphic cards do we should expect a massive rise in price as they will not have any competition.
Damien Craig Miller

If amd closes its doors it will be a sad day for gaming… prices for gpu and cpus will go threw the roof and they already aint cheap……
Matt Froggatt

This sucks I hope AMD ends up in a better position soon , I have a 3770k but when steamroller comes and if it comes in guns blazing il rush out and buy one without hesitation , I’m keen to see their next gpu line up too, I’m hoping for big things…