AMD reports Q2 results: $1.2B loss, quitting handheld and digital television businesses
Filed under: Misc. GadgetsWell, no wonder Hector Ruiz quit as the CEO of AMD earlier today — the chipmaker just announced its second quarter results, and they’re not good. In addition to an overall $269M operating loss, the company is taking an $876M charge against the purchase of ATI so it can abandon the handheld graphics and digital TV markets. To be honest, we hadn’t been hearing much about ATI’s plans in those areas, so it’s probably for the best the company is focusing on getting Barcelona out the door after the launch of Puma — but we doubt much is going to happen with a power vacuum at the top and a bottom line that’s bleeding red.[Via Crave]Read | Permalink | Email this | Comments
Thank you for reading this post. You can now Leave A Comment (0) or Leave A Trackback.
Post Info
This entry was posted on Friday, July 18th, 2008 and is filed under Home Repair.You can follow any responses to this entry through the Comments Feed. You can Leave A Comment, or A Trackback.
Previous Post: NPD: Wii usurps Xbox 360 as best selling US game console, pulling away »
Next Post: USB-powered HEAT ME stirrer: a coffee addict’s dream »
- Panasonic DMP-BD35 & DMP-BD55 Blu-ray players officially official, still unpriced
- Panasonic IFA 2008 plasma prototypes: super thin, super green, super big
- Hands-on with LG’s X110 netbook: HSDPA, GPS and a price to match
- Japanese firms to partially propel cargo ship via solar panels
- Toshiba’s new ZF LCDs include Cell-based Resolution+ upscaling
- Sony intros S-, E-, and B-Series Walkmans
- Toshiba expands the Regza family with RV, XV series 1080p LCDs
- Orange says Polish iPhone 3G customers weren’t paid actors
- Sharp debuts super slim XS1 LCD, D65E display lineup and BD-HP21H Blu-ray player
- DivX finds a way into new LG, JVC & Vestel players
