AMD revenue, profit inched up in Q1

Chip prices fell but unit sales increased

AMD posted gains in both revenue and profit in the first quarter, citing lower prices but higher unit sales of microprocessors compared with a year earlier.

The chip maker announced Thursday that its revenue was US$1.61 billion, up 2 percent from the first quarter of last year. Its net income reached $510 million, or $0.68 per share, up from $257 million, or $0.35 per share, a year earlier.

Excluding certain items, the company posted net income of $56 million, or $0.08 per share, a figure that beats the $0.05 consensus forecast of analysts polled by Thomson Reuters. The company's revenue matched the analysts' forecast.

However, AMD said Monday that it expects its revenue to be flat or down sequentially in the second quarter of 2011.

The first quarter marked the commercial debut of AMD's first Fusion APU (accelerated processor unit) for laptops, code-named Llano, which the company said incorporates the kind of graphics capability available from separate graphics chips.

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags business issuesAdvanced Micro Devicesfinancial resultsComponentsprocessors

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Agam Shah

IDG News Service
Show Comments

Essentials

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Michael Hargreaves

Windows 10 for Business / Dell XPS

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?