Originally posted by: computergeekz360 AMD today announced an operating loss of $422 million, and a net loss of $473 million, or $0.63 per share. The company reported a non-GAAP operating loss of $55 million and a non-GAAP net loss of $102 million, or $0.14 per share. For the year ended December 29, 2012, AMD reported revenue of $5.42 billion, an operating loss of $1.06 billion and a net loss of $1.18 billion, or $1.60 per share. The full year non-GAAP operating income was $45 million and non-GAAP net loss was $114 million, or $0.16 per share. While at the same time Nvidia is up 12.8%
Looks like I was wrong Nope I was right on the money. I think I made a mistake buying AMD. They can bearly hold there heads above water. How can we expect them to invest new capital and spare no expense into the products we purchase. They must keep thier investers happy and to do that they must make money. The only way to do that is to cut cost and corners. Invester are not going to keep throwing thier money down the toilet. Am A Nvidia fanboy? After owning both. I like a company that knows how to market, invest and support thier products. Rather it is AMD or Nvidia. Would you go to the crappist mechanic that has no tools or fails to hire the right specialists to fix your car because there broke? No! I would hope not. I want to see a state of the art facility with certified techs. I want to see the company is making money and putting that money back into thier buisness. I just don't see it with AMD. I believe it will get worse and that is very sad. Allot of people are going to lose thier jobs.
Their recent drivers are so awesome...I think YOU have helped me decide to purchase a pair of the new AMD 8000 Series video cards (most likely using the XFX version) when they are released...you are very persuasive...thanks!