Items tagged with Q2 2013
AMD announced its earnings today, with figures that generally reflected to poor state of the entire PC industry. Normally, this is where I'd delve into those figures and run the numbers. Not this time. AMD's conference call and Q&A session were interesting enough that the company's Q1 performance can be dealt with relatively quickly. The PC market was awful. AMD lost money. The company has enough cash on hand (thanks to selling its HQ in a lease-back arrangement) to make it through the second quarter. Computing solutions revenue really did take a hammering this quarter, falling to $751M (down nearly 40% year-on-year. The company didn't dwell on that fact, but it's not a sustainable...
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