The Channel logo

News

By | Drew Cullen 5th October 2004 09:28

AMD issues revenue warning

Newsflash!

Weak demand for flash memory will drag down AMD sales for Q3. But net income will be up a little on Q2's $32m, reflecting the higher margins from sales of microprocessors, the chipmaker warned yesterday.

Previously, it expected sales to increase moderately from Q2's sales of $1.1262bn.

Now for a quote for Robert Rivet, AMD's CFO: “Our gross margin and net income are expected to improve sequentially from the second quarter of 2004, largely due to significantly higher sales and stronger ASPs in our processor business. Although third quarter sales are anticipated to be lower than projected due to softness in our profitable Flash memory business, sales in our microprocessor business remained strong driven by increased demand for AMD64 processors.” ®

Related stories

IDC ups '04 PC sales forecast
AMD and IBM spread the love
Intel Q3 sales to barely meet guidance - report
AMD rides memory sales to solid Q2

alert Send corrections

Opinion

Chris Mellor

Drives nails forged with Red Hat iron into VCE's coffin
Sleep Cycle iOS app screenshot

Trevor Pott

Forget big-spending globo biz: it's about the consumer... and he's desperate for a nap
Steve Bennet, ex-Symantec CEO

Chris Mellor

Enormo security firm needs to get serious about acquisitions

Features

Windows 8.1 Update  Storeapps Taskbar
Chinese Buffet self-service
Chopping down the phone tree to scrump low-hanging fruit
An original member of the System/360 family announced in 1964, the Model 50 was the most powerful unit in the medium price range.
Big Blue's big $5bn bet adjusted, modified, reduced, back for more
Microsoft CEO Satya Nadella
Redmond needs to discover the mathematics of trust