Printed from http://www.electronista.com

AMD lowers fall outlook by 25 percent

updated 01:45 pm EST, Thu December 4, 2008

AMD lowers Q4 outlook

Chipmaker AMD on Thursday announced that it expects revenue for its fourth quarter of 2008, ending on December 27th, to be about 25 percent lower than those from the third quarter, or about $1.2 billion. The new forecast does not include revenue from AMD's process technology licenses and stems from lower than expected demand around the world, but particularly in the consumer business, according to the company.

In October, AMD split its operations into a semiconductor manufacturing business to be called The Foundry Company and the current design firm in an attempt to become more profitable in the long term.

The company's Phenom II chips, meant to compete with Intel's Core i7 CPUs in the consumer market, are due to arrive in early 2009. The chips are expected to reach clock speeds as fast as 4GHz on conventional air-cooling, though the fastest Phenom II chip available to customers, the X4 940, will be rated at 3.0GHz. Observers believe the release of the Phenom II chips, may finally give AMD the strong product range it needs in the consumer market to successfully compete with the likes of Intel.

AMD's full fourth-quarter results will be reported after markets close on January 22nd.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Prong PWR Case

Ultimately there's one thing we all want from smartphone accessories; we want options. When it comes to keeping our iPhone charged, we ...

iHome iBT74 Color Changing Bluetooth Speaker

There's no reason why your tech can't look good while doing what it was designed to do. That's the reason that sports cars look good a ...

Logitech Gaming Daedalus Prime Mouse

Logitech Gaming continues to expand upon its peripherals line, with each one looking to fit neatly into a breadth of gaming needs. Bui ...

Advertisement

toggle

Most Commented