AMD has record $1.65B second

AMD GAVE out its financial results last night and left a crowd of analysts and pundits congratulating it on a record second quarter.The company has been performing exceptionally well, according to AMD CEO Dirk Meyer, in particular in the mobile – up 18 per cent sequentially – and graphics segments of the business…….

First, the good news: AMD pulled in $1.65 billion in revenue — a record for the second quarter! Now, the bad news: the company still lost money. Just a (relatively) little bit, though, with a net loss of $43 million or $.06 per share. That’s five percent more revenue than the first quarter of 2010, and a massive 40 percent boost over the second quarter of 2009, in which it lost $330 million net.

The targeted market are primarily the netbooks and small form factors, and it was said that it positions pretty well against the Intel Atom. AMD also launched the industry’s lowest power-per-core x86 server processor, part of the Opteron 4000 series. Sony now offers AMD-based computing solutions in its Vaio lineup as well. With Acer, Dell, Hewlett-Packard, Lenovo and Toshiba, it has announced new VISION notebooks for the back-to-school and holiday buying periods. There are now three times more VISION notebooks on the market than there was a year ago. It is also worth mentioning that the highest-performing supercomputer as well as three of the top four features AMD processors.

The GPU segment revenue has seen a twice as large increase, at 8% compared to last quarter. It was still limited though by capacity constraints, which should be declining in the second half of this year, even with the “Ontario” CPU taking up some of the waffles at TSMC. With now more than 16 million DX11 units shipped, the Radeon HD5000 remains the only family with offerings ranging from the entry to the enthusiast segments. As for the second generation of DX11 GPUs, it is scheduled to arrive before the end of this year.

What changed? Sales of graphics hardware in particular, up eight percent over last quarter and a huge 87 percent from last year, driven by success of the Radeon HD 5000 series graphics cards. Likewise, sales of mobile processors were up 18 percent over last quarter. Net profitability? Keep this up, AMD, and it’s not far off.

Resources :neoseeker.com,engadget.com

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