Overclock.net › Forums › Industry News › Technology and Science News › [PCPer] Intel still hasn't paid AMD the 1.2 billion USD anti-trust fine
New Posts  All Forums:Forum Nav:

[PCPer] Intel still hasn't paid AMD the 1.2 billion USD anti-trust fine - Page 10

post #91 of 121
Quote:
Originally Posted by nakano2k1 View Post



So the balance sheet was updated to reflect the judgement, but it says nothing about the money actually being paid. They updated the balance sheet without the payment in order to balance their stock price.

I think money was paid long time ago. They can't update the balance sheet unless the fund is guaranteed, otherwise it would be an account fraud. Also, AMD wouldn't have gone this quiet for this long if Intel didn't pay the settlement lol.
My home PC
(16 items)
 
  
CPUMotherboardGraphicsRAM
AMD Threadripper 1950x Gigabyte Aorus X399 Gaming 7  MSI Geforce GTX 1080ti Gaming X G.Skill DDR4 3600 CL16 
Hard DriveHard DriveCoolingOS
Samsung Evo 840 500GB Samsung 960 Pro 500GB Noctua NH-U14S TR4 Windows 10 Pro 
MonitorMonitorKeyboardPower
Dell U2711 Samsung 55" 4k Corsair K70  EVGA SuperNova G2 1300W 
CaseMouseAudio
Corsair Carbide Air 540 Logitech G502 Denon AVR-X3300W 
  hide details  
Reply
My home PC
(16 items)
 
  
CPUMotherboardGraphicsRAM
AMD Threadripper 1950x Gigabyte Aorus X399 Gaming 7  MSI Geforce GTX 1080ti Gaming X G.Skill DDR4 3600 CL16 
Hard DriveHard DriveCoolingOS
Samsung Evo 840 500GB Samsung 960 Pro 500GB Noctua NH-U14S TR4 Windows 10 Pro 
MonitorMonitorKeyboardPower
Dell U2711 Samsung 55" 4k Corsair K70  EVGA SuperNova G2 1300W 
CaseMouseAudio
Corsair Carbide Air 540 Logitech G502 Denon AVR-X3300W 
  hide details  
Reply
post #92 of 121
Quote:
Originally Posted by Kpjoslee View Post

I think money was paid long time ago. They can't update the balance sheet unless the fund is guaranteed, otherwise it would be an account fraud. Also, AMD wouldn't have gone this quiet for this long if Intel didn't pay the settlement lol.

They can update the balance sheet as the money it legally awarded to them through a court of law. It's not considered accounting fraud as it is money that were supposed to have received at the time. Intel has decided to exhaust all of their legal options in order to delay payment. If Intel were to be granted an injunction to the previous decision, then AMD would update their books with it appearing as a loss.
 
Acer V7-482PG
(8 items)
 
 
CPUMotherboardGraphicsRAM
Ryzen 5 1400 4.0ghz @1.33V GIGABYTE GA-AB350-Gaming EVGA GeForce GTX 780 Ti Dual Classified w/ EVGA... Mushkin Redline DDR4 3200mhz 16gb (8gb x 2) 
Hard DriveHard DriveHard DriveCooling
Sandisk Plus 256gb Toshiba 7200rpm 2tb Toshiba 7200rpm 2tb Deepcool Gamaxx 400 
OSMonitorKeyboardPower
Windows 10 64bit ASUS Designo MX299Q Logitech K800 EVGA Supernova 750w G2 
CaseMouseMouse Pad
Corsair 270R Logitech performance mouse MX Steelseries QcK 
CPUMotherboardGraphicsRAM
i5-4200u Haswell ULT NVidia GT 750m 12gb DDR3L 1600mhz 
Hard DriveOSMonitorAudio
32gb SSD + 1tb HDD Windows 10 64-bit 14" Glossy AHVA 1080p Touchscreen Realtek HD 
  hide details  
Reply
 
Acer V7-482PG
(8 items)
 
 
CPUMotherboardGraphicsRAM
Ryzen 5 1400 4.0ghz @1.33V GIGABYTE GA-AB350-Gaming EVGA GeForce GTX 780 Ti Dual Classified w/ EVGA... Mushkin Redline DDR4 3200mhz 16gb (8gb x 2) 
Hard DriveHard DriveHard DriveCooling
Sandisk Plus 256gb Toshiba 7200rpm 2tb Toshiba 7200rpm 2tb Deepcool Gamaxx 400 
OSMonitorKeyboardPower
Windows 10 64bit ASUS Designo MX299Q Logitech K800 EVGA Supernova 750w G2 
CaseMouseMouse Pad
Corsair 270R Logitech performance mouse MX Steelseries QcK 
CPUMotherboardGraphicsRAM
i5-4200u Haswell ULT NVidia GT 750m 12gb DDR3L 1600mhz 
Hard DriveOSMonitorAudio
32gb SSD + 1tb HDD Windows 10 64-bit 14" Glossy AHVA 1080p Touchscreen Realtek HD 
  hide details  
Reply
post #93 of 121
Quote:
Originally Posted by nakano2k1 View Post



So the balance sheet was updated to reflect the judgement, but it says nothing about the money actually being paid. They updated the balance sheet without the payment in order to balance their stock price.

Look at their long term debt the next quarter. Poof, this is where the money went. AMD long term debt went from 4.2 billion to 2.6 billion. This is where the money went.

Intel own income statement reflected the payment as well.

Plus look at all the articles I posted from other websites, everything in regards to the timing of the retarded article the OP posted, and one concurrent with other websites, is specifying that this is the 1.06 billion european union fine that hasn't been paid.

Not one website is saying it is the 1.25 billion dollar has not been paid, not even the original OP article. Which is why no other new report is posting AMD hasn't been paid 1.2 billion dollars.

The original article mistakes the eu antitrust settlement as as lawsuit award for AMD.
Edited by tajoh111 - 6/23/16 at 3:13pm
post #94 of 121
Quote:
Originally Posted by tajoh111 View Post

http://quarterlyearnings.amd.com/phoenix.zhtml?c=74093&p=irol-newsArticle&ID=1377777&highlight=

In the fourth quarter of 2009, AMD reported net income attributable to AMD common stockholders of $1.178 billion, or $1.52 per share, which includes a net favorable impact of $1.238 billion, or $1.57 per share. AMD reported operating income of $1.288 billion in the quarter, including a net favorable impact of $1.224 billion. The net favorable impacts were primarily from a legal settlement with Intel Corp.


That has been paid and is reflected in AMD income statement during the quarter where it happened.

Look at AMD debt, the next quarter and you will see this is where most of the money went.

Intel agreed to pay AMD 1.25 billion dollars which makes it a done deal. No appeal or nothing. Intel gave AMD the money right away which happed when it agreed to the terms. Intel was happy to pay this amount because it was low all things considered.

This 1.2 billion which was fined by the european union, has not been paid and Intel has appealed that decision and still has not paid yet. This is the figure the article is talking about. And numerous news reports collaborate this.

http://www.bloomberg.com/news/articles/2016-06-21/intel-fights-record-1-2-billion-antitrust-fine-at-top-eu-court
http://www.digitaltrends.com/computing/intel-european-commission/


In other words, pcper got it wrong, confused etc.

that reported income was NEVER COLLECTED. this is common in accounting. This is a debt intel owes AMD, so AMD's books will reflect it as "assets/income" (legally they HAVE to report it as such, if they fail to report it, they will be in violation of securities fraud), which they can then take loans out against (which i guarantee they did). However, intel has never actually paid them this money.

So no, they have never collected this asset, and i'm sure they're paying interest on loans taken out against this amount.
 
Deep-6
(14 items)
 
 
CPUMotherboardGraphicsRAM
Core I5-4690K Asus Maximus VI Gene MSI GAMING 4G GTX 970 gskill sniper 
Hard DriveHard DriveCoolingOS
Samsung 850 evo  Samsung 850 evo Thermalright HR-02 Macho Rev.B Windows 10 Pro 
MonitorKeyboardPowerCase
Acer K242hl Corsair Raptor K30 Seasonic X-650 Fractal Design Arc Mini R2 
MouseAudio
Logitech MX518 Sennheiser - MOMENTUM Over-the-Ear Headphones 
  hide details  
Reply
 
Deep-6
(14 items)
 
 
CPUMotherboardGraphicsRAM
Core I5-4690K Asus Maximus VI Gene MSI GAMING 4G GTX 970 gskill sniper 
Hard DriveHard DriveCoolingOS
Samsung 850 evo  Samsung 850 evo Thermalright HR-02 Macho Rev.B Windows 10 Pro 
MonitorKeyboardPowerCase
Acer K242hl Corsair Raptor K30 Seasonic X-650 Fractal Design Arc Mini R2 
MouseAudio
Logitech MX518 Sennheiser - MOMENTUM Over-the-Ear Headphones 
  hide details  
Reply
post #95 of 121
Quote:
Originally Posted by azanimefan View Post

that reported income was NEVER COLLECTED. this is common in accounting. This is a debt intel owes AMD, so AMD's books will reflect it as "assets/income" (legally they HAVE to report it as such, if they fail to report it, they will be in violation of securities fraud), which they can then take loans out against (which i guarantee they did). However, intel has never actually paid them this money.

So no, they have never collected this asset, and i'm sure they're paying interest on loans taken out against this amount.

Thank you... I got a degree in business / accounting before I went to Med school. That was 12 years ago though...
 
Acer V7-482PG
(8 items)
 
 
CPUMotherboardGraphicsRAM
Ryzen 5 1400 4.0ghz @1.33V GIGABYTE GA-AB350-Gaming EVGA GeForce GTX 780 Ti Dual Classified w/ EVGA... Mushkin Redline DDR4 3200mhz 16gb (8gb x 2) 
Hard DriveHard DriveHard DriveCooling
Sandisk Plus 256gb Toshiba 7200rpm 2tb Toshiba 7200rpm 2tb Deepcool Gamaxx 400 
OSMonitorKeyboardPower
Windows 10 64bit ASUS Designo MX299Q Logitech K800 EVGA Supernova 750w G2 
CaseMouseMouse Pad
Corsair 270R Logitech performance mouse MX Steelseries QcK 
CPUMotherboardGraphicsRAM
i5-4200u Haswell ULT NVidia GT 750m 12gb DDR3L 1600mhz 
Hard DriveOSMonitorAudio
32gb SSD + 1tb HDD Windows 10 64-bit 14" Glossy AHVA 1080p Touchscreen Realtek HD 
  hide details  
Reply
 
Acer V7-482PG
(8 items)
 
 
CPUMotherboardGraphicsRAM
Ryzen 5 1400 4.0ghz @1.33V GIGABYTE GA-AB350-Gaming EVGA GeForce GTX 780 Ti Dual Classified w/ EVGA... Mushkin Redline DDR4 3200mhz 16gb (8gb x 2) 
Hard DriveHard DriveHard DriveCooling
Sandisk Plus 256gb Toshiba 7200rpm 2tb Toshiba 7200rpm 2tb Deepcool Gamaxx 400 
OSMonitorKeyboardPower
Windows 10 64bit ASUS Designo MX299Q Logitech K800 EVGA Supernova 750w G2 
CaseMouseMouse Pad
Corsair 270R Logitech performance mouse MX Steelseries QcK 
CPUMotherboardGraphicsRAM
i5-4200u Haswell ULT NVidia GT 750m 12gb DDR3L 1600mhz 
Hard DriveOSMonitorAudio
32gb SSD + 1tb HDD Windows 10 64-bit 14" Glossy AHVA 1080p Touchscreen Realtek HD 
  hide details  
Reply
post #96 of 121
Quote:
Originally Posted by azanimefan View Post

that reported income was NEVER COLLECTED. this is common in accounting. This is a debt intel owes AMD, so AMD's books will reflect it as "assets/income" (legally they HAVE to report it as such, if they fail to report it, they will be in violation of securities fraud), which they can then take loans out against (which i guarantee they did). However, intel has never actually paid them this money.

So no, they have never collected this asset, and i'm sure they're paying interest on loans taken out against this amount.

It was collected. The EU fines hasn't been paid and this is what the article is focusing in on.

Just look at AMD long term debt the next quarter. It went from 4.2 billion dollars to 2.6 billion dollars. If AMD didn't get that money, no way the amount would have decreased by this sum.

Why is there not a single website saying AMD has not been paid the 1.25 billion dollar lawsuit?

Why is every other article on the web with a similar date for this news to this one in relation to the 1.06 billion euro antitrust fine not being paid and not the 1.25 billion dollar settlement?

Intel was happy to pay the 1.25 billion dollar settlement because they know they got away cheap. It didn't appeal the decision which is what they did with the EU fine.
Edited by tajoh111 - 6/23/16 at 3:23pm
post #97 of 121
It looks like tajoh111 is right, the OP article is just wrong.

All other news sources say this is the EU fine (search google news for a bunch). http://www.pcworld.com/article/3086895/hardware/eu-court-has-intel-inside-appealing-14-billion-antitrust-fine.html
SUPERPWN
(12 items)
 
  
CPUMotherboardGraphicsRAM
Core i7 7820x @ 4.7 GHz Asrock x299 OC Formula MSI GTX 1080 Aero 32GB Gskill DDR4-4000 
Hard DriveOSMonitorMonitor
4TB Seagate Windows 8 x64 Overlord x270 OC HP ZR27 
MonitorKeyboardPowerAudio
Asus PG279Q G-Tune Topre Realforce 800w Benchmark Dac2 | Audeze LCD-X 
  hide details  
Reply
SUPERPWN
(12 items)
 
  
CPUMotherboardGraphicsRAM
Core i7 7820x @ 4.7 GHz Asrock x299 OC Formula MSI GTX 1080 Aero 32GB Gskill DDR4-4000 
Hard DriveOSMonitorMonitor
4TB Seagate Windows 8 x64 Overlord x270 OC HP ZR27 
MonitorKeyboardPowerAudio
Asus PG279Q G-Tune Topre Realforce 800w Benchmark Dac2 | Audeze LCD-X 
  hide details  
Reply
post #98 of 121
Quote:
Originally Posted by tajoh111 View Post

It was collected. The EU fines hasn't been paid and this is what the article is focusing in on.

Just look at AMD long term debt the next quarter. It went from 4.2 billion dollars to 2.6 billion dollars. If AMD didn't get that money, no way the amount would have decreased by this sum.

Once again, it's money that they're technically supposed to have. They showed the positive amount on the previous quarter, and once it has been added to the sheets, you can then use it towards anything on the sheet you want. They most likely DID use the money to lower their long term debt as this can be a huge barrier to investment.

So right now, it's just numbers. There's no funds to back up the payment. It's just money they're "supposed" to have.
 
Acer V7-482PG
(8 items)
 
 
CPUMotherboardGraphicsRAM
Ryzen 5 1400 4.0ghz @1.33V GIGABYTE GA-AB350-Gaming EVGA GeForce GTX 780 Ti Dual Classified w/ EVGA... Mushkin Redline DDR4 3200mhz 16gb (8gb x 2) 
Hard DriveHard DriveHard DriveCooling
Sandisk Plus 256gb Toshiba 7200rpm 2tb Toshiba 7200rpm 2tb Deepcool Gamaxx 400 
OSMonitorKeyboardPower
Windows 10 64bit ASUS Designo MX299Q Logitech K800 EVGA Supernova 750w G2 
CaseMouseMouse Pad
Corsair 270R Logitech performance mouse MX Steelseries QcK 
CPUMotherboardGraphicsRAM
i5-4200u Haswell ULT NVidia GT 750m 12gb DDR3L 1600mhz 
Hard DriveOSMonitorAudio
32gb SSD + 1tb HDD Windows 10 64-bit 14" Glossy AHVA 1080p Touchscreen Realtek HD 
  hide details  
Reply
 
Acer V7-482PG
(8 items)
 
 
CPUMotherboardGraphicsRAM
Ryzen 5 1400 4.0ghz @1.33V GIGABYTE GA-AB350-Gaming EVGA GeForce GTX 780 Ti Dual Classified w/ EVGA... Mushkin Redline DDR4 3200mhz 16gb (8gb x 2) 
Hard DriveHard DriveHard DriveCooling
Sandisk Plus 256gb Toshiba 7200rpm 2tb Toshiba 7200rpm 2tb Deepcool Gamaxx 400 
OSMonitorKeyboardPower
Windows 10 64bit ASUS Designo MX299Q Logitech K800 EVGA Supernova 750w G2 
CaseMouseMouse Pad
Corsair 270R Logitech performance mouse MX Steelseries QcK 
CPUMotherboardGraphicsRAM
i5-4200u Haswell ULT NVidia GT 750m 12gb DDR3L 1600mhz 
Hard DriveOSMonitorAudio
32gb SSD + 1tb HDD Windows 10 64-bit 14" Glossy AHVA 1080p Touchscreen Realtek HD 
  hide details  
Reply
post #99 of 121
Quote:
Originally Posted by Disharmonic View Post


I never contested that the UK uses common law. Continental Europe means mainland Europe. Since the UK is an island nation it's not actually a part of that. I was also not aware that the US + UK constitute "anywhere" these days.

Canada, Australia, India, U.S., UK/GB, New Zealand, Hong Kong, a spattering of countries in Africa... Im pretty sure that covers a good portion of the total landmass of the Earth as well as a sizeable portion of the population.
μRyzen
(12 items)
 
Mini Box
(4 items)
 
 
CPUMotherboardGraphicsRAM
Ryzen R5 1400 MSI B350M Gaming Pro Zotac GTX 670 4GB G.SKILL FORTIS Series 8GB (2 x 4GB) 
Hard DriveCoolingOSOS
WD Green 3tb Wraith Stealth Windows 10 Debian 8.7 
MonitorKeyboardPowerMouse
ViewSonic VX-2257-8 Chinese backlit mechanical Kingwin 850w Chinese laser optical 
CPUMotherboardGraphicsRAM
Athlon 5350 Asus AM1I-A EVGA GTX 750 Ti SC 2x4GB DDR 3 1333 
  hide details  
Reply
μRyzen
(12 items)
 
Mini Box
(4 items)
 
 
CPUMotherboardGraphicsRAM
Ryzen R5 1400 MSI B350M Gaming Pro Zotac GTX 670 4GB G.SKILL FORTIS Series 8GB (2 x 4GB) 
Hard DriveCoolingOSOS
WD Green 3tb Wraith Stealth Windows 10 Debian 8.7 
MonitorKeyboardPowerMouse
ViewSonic VX-2257-8 Chinese backlit mechanical Kingwin 850w Chinese laser optical 
CPUMotherboardGraphicsRAM
Athlon 5350 Asus AM1I-A EVGA GTX 750 Ti SC 2x4GB DDR 3 1333 
  hide details  
Reply
post #100 of 121
Quote:
Originally Posted by nakano2k1 View Post

Once again, it's money that they're technically supposed to have. They showed the positive amount on the previous quarter, and once it has been added to the sheets, you can then use it towards anything on the sheet you want. They most likely DID use the money to lower their long term debt as this can be a huge barrier to investment.

So right now, it's just numbers. There's no funds to back up the payment. It's just money they're "supposed" to have.

Uh, it is not about tangibility of the asset, it was about did Intel pay AMD. Considering all things, I think the answer has to be a "Yes"
My home PC
(16 items)
 
  
CPUMotherboardGraphicsRAM
AMD Threadripper 1950x Gigabyte Aorus X399 Gaming 7  MSI Geforce GTX 1080ti Gaming X G.Skill DDR4 3600 CL16 
Hard DriveHard DriveCoolingOS
Samsung Evo 840 500GB Samsung 960 Pro 500GB Noctua NH-U14S TR4 Windows 10 Pro 
MonitorMonitorKeyboardPower
Dell U2711 Samsung 55" 4k Corsair K70  EVGA SuperNova G2 1300W 
CaseMouseAudio
Corsair Carbide Air 540 Logitech G502 Denon AVR-X3300W 
  hide details  
Reply
My home PC
(16 items)
 
  
CPUMotherboardGraphicsRAM
AMD Threadripper 1950x Gigabyte Aorus X399 Gaming 7  MSI Geforce GTX 1080ti Gaming X G.Skill DDR4 3600 CL16 
Hard DriveHard DriveCoolingOS
Samsung Evo 840 500GB Samsung 960 Pro 500GB Noctua NH-U14S TR4 Windows 10 Pro 
MonitorMonitorKeyboardPower
Dell U2711 Samsung 55" 4k Corsair K70  EVGA SuperNova G2 1300W 
CaseMouseAudio
Corsair Carbide Air 540 Logitech G502 Denon AVR-X3300W 
  hide details  
Reply
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Technology and Science News
Overclock.net › Forums › Industry News › Technology and Science News › [PCPer] Intel still hasn't paid AMD the 1.2 billion USD anti-trust fine