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[AMD] AMD Reports Fourth Quarter and Annual Results

post #1 of 28
Thread Starter 
Quote:
Jan. 20, 2011 – AMD (NYSE:AMD) today announced revenue for the fourth quarter of 2010 of $1.65 billion, net income of $375 million, or $0.50 per share, and operating income of $413 million. The company reported non-GAAP net income of $106 million, or $0.14 per share, and non-GAAP operating income of $141 million. The non-GAAP net income and non-GAAP operating income primarily excluded a net of tax gain of $236 million, and a pre-tax gain of $283 million, respectively, that the company recognized related to a patent license and legal settlement.

For the year ended December 25, 2010, AMD reported revenue of $6.49 billion, net income of $471 million, or $0.64 per share, and operating income of $848 million. Full year non-GAAP net income was $360 million, or $0.49 per share, and operating income was $553 million.

"AMD enters 2011 with significant momentum, amplified by the successful launch of our first Fusion APUs," said Thomas Seifert, CFO and Interim CEO. "I am confident we can drive profitable growth based on the strength of new products we will bring to market. Our customers recognize that Fusion APUs are at the core of delivering the world's most vivid digital experiences."
Source.

Wasn't 100% sure where to put this, so I just dumped it here seeing as AMD makes hardware.

To the mods, if it's a repost, or in the wrong section, please act accordingly.
post #2 of 28
Looking good AMD!

Now hurry up with Bulldozer!
   
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post #3 of 28
Am so happy, more money for them = better technology for cheaper prices for us.
post #4 of 28
Maybe because the later Phenom II's were actually a really great bang for the buck.

But with Sandy Bridge out and outperforming a lot of last gen's CPUs at a decent price, AMD better have Bulldozer ready+acceptable price+very good performance.
post #5 of 28
come on amd rise the 89% in stock like you were predicted too!
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post #6 of 28
Quote:
Originally Posted by assaulth3ro911 View Post
Am so happy, more money for them = better technology for cheaper prices for us.
who exactly do you think provided this amount of money?
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post #7 of 28
Quote:
Originally Posted by 8-Ball View Post
Maybe because the later Phenom II's were actually a really great bang for the buck.

But with Sandy Bridge out and outperforming a lot of last gen's CPUs at a decent price, AMD better have Bulldozer ready+acceptable price+very good performance.
What would make you think that they wouldn't?
post #8 of 28
Wow there making some profit good for them
    
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post #9 of 28
Quote:
Originally Posted by smash_mouth01 View Post
What would make you think that they wouldn't?
Because of that rumor article of it being 50% faster than an i7 even though it has 8 cores...
post #10 of 28
In b4 the Intel fanbois start the flame war
BULLDOZER!!!
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BULLDOZER!!!
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