AMD lowers revenue forecast on weak laptop sales

The chip maker expects its revenue to be down between 1 per cent and 4 per cent sequentially

Advanced Micro Devices has lowered its revenue forecast for the third quarter due to weak demand for laptops in Western Europe and North America, the company said Thursday.

AMD expects revenue for the quarter ending 25 September to be down 1 per cent to 4 per cent from the prior quarter, when its revenue was $US1.65 billion.

After record PC shipments in the first two quarters, laptop and desktop PC shipments have slowed down, affecting sales of microprocessors.

Dell said last month that it had seen demand for consumer PCs start to weaken in the latter part of the second quarter. Research firms project that PC shipments will continue to grow, but at a slower rate than they previously expected.

Earlier this week AMD launched some desktop chips at relatively low prices in a move to boost its sales and apply pricing pressure to Intel.

AMD is due to report its full third-quarter earnings on 14 October.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags business issuesAdvanced Micro Devicesfinancial results

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

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?