AMD has record $1.65B second quarter, still loses a little money

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. 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.

[Bafare Posted Jul 16th 2010 1:16PM]

I was intel user but AMD has been so good to me i will never ever Go back to intel no matter what!!! I have never had a problem with any cpu or video card , amd is the way to go! I also build alot of computers for family and friends and no complains about amd cpus , they perform awesome too!

[chrispycrunch Posted Jul 16th 2010 10:05PM]

NVidia's GTX460 is going to eat ATi's lunch. did you see the card that came out? $200. and $230 for the 1GB version.

[fuisti Posted Jul 17th 2010 12:36AM]

I've heard rumors of price cuts for the 5850 and the 5870, which whould make the 5850 10 dollars more than the GTX 460 1.GB