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AMD results: still in the red >> Processors
Written by Nicolas Gridelet
![]() Compared to the same period a year ago, we can see that revenue increased slightly; however, the most noticeable are losses that have practically doubled. This can mainly be explained by a consecutive depreciation of $876 million related to the abandonment of certain activities involving portable devices and digital television. While gross profits on the balance sheet were 52%, this is mainly due to the sale of certain equipment for producing 200mm wafers. Without this, it would have only been 37% versus 41% for the first quarter and 34% between March and June of 2007. Otherwise, note that income from its graphic division was $248 million. There were several new and interesting developments such as the Radeon HD 4800 and Puma platform which were launched in the second quarter; however, we should keep in mind that they were only introduced in June and will therefore especially contribute to increasing revenue in the following quarters – if everything goes well. Assuming that these products will be exempt from exceptional costs and the transition to 45nm will not be delayed, we can be hopeful the Sunnyvale company will have relatively balanced accounts (in the same proportions) meaning they will necessarily be out of the red in the short term. Copyright © 1997-2008 BeHardware. All rights reserved..
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