AMD financial report Q2

[marldorthegreat]

http://www.marketwatch.com/story/amd-reports-2015-second-quarter-results-2015-07-16

 

revenuse of 980 million usd, down 35% from last year. 

operating loss of 137 million usd

A total debt of 2.27 billion usd

 

Computing and Graphics segment revenue decreased 29 percent
sequentially and 54 percent from Q2 2014. The sequential decrease was
primarily due to decreased sales to OEMs of client notebook processors
and the annual decrease was driven by decreased sales across client
and graphics product lines.
-- Operating loss was $147 million, compared with an operating loss
of $75 million in Q1 2015 and an operating loss of $6 million in
Q2 2014. The sequential decrease was primarily driven by lower
notebook processor sales. The year-over-year decrease was
primarily driven by lower sales partially offset by lower
operating expenses.
-- Client average selling price (ASP) increased sequentially and
year-over-year primarily driven by product mix.
-- GPU ASP increased sequentially and year-over-year primarily due to
higher channel and desktop GPU ASPs.
-- Enterprise, Embedded and Semi-Custom segment revenue increased 13
percent sequentially, primarily driven by higher sales of semi-custom
SoCs. The year-over-year decrease of 8 percent was primarily driven by
decreased server sales and lower non-recurring engineering (NRE)
revenue.
-- Operating income was $27 million compared with $45 million in Q1
2015 and $97 million in Q2 2014. The sequential decrease was
primarily driven by the technology node transition charge of $33
million. The year-over-year decrease was primarily driven by lower
revenue and the technology node transition charge.
-- All Other category operating loss was $17 million compared with
operating losses of $107 million in Q1 2015 and $28 million in Q2
2014. The sequential improvement was primarily due to charges in Q1
2015 associated with exiting the dense server systems business. The
year-over-year change was primarily due to lower stock-based
compensation expense and the absence of amortization of acquired
intangible assets.

[Valentyn]

So there debt is larger than Greece's?

 

It kinda makes me want to build a full AMD system just to help a bit.

I really hope Zen and the next step on Fiji next year pays off.

[Guest]

Ouch...

[Swndlr]

O god

[marldorthegreat]

So there debt is larger than Greece's?

 

It kinda makes me want to build a full AMD system just to help a bit.

I really hope Zen and the next step on Fiji next year pays off.

No greeces debt is over 300 billion euros. And AMDs troubles are more than poor sales. 

[Knaj]

Damn AMD, but I do think the new 300 series is gonna bump them quite a bit.

 

I am buying a R9 390

[Shakaza]

While this is sad for AMD, it does make me more interested in seeing what happens to the company over the next few months and years. Something will have to change, and soon.

[Zeruel]

No greeces debt is over 300 billion euros. And AMDs troubles are more than poor sales. 

 

 

Looks like ZEN and HBM will be AMDs final stand, I hope they break even.

[patrickjp93]

Looks like ZEN and HBM will be AMDs final stand, I hope they break even.

The Rx 400 series too.

[marldorthegreat]

The Rx 400 series too.

But that should not be the case the r9 200 series should have delivered, it didnt. The 300 series has not delivered. AMD is failing because it is simply not making profits on sales. I bet they are loosing money on every 290x sale just to increase market share. 

[MrSuperb]

Damn AMD, but I do think the new 300 series is gonna bump them quite a bit.

 

I am buying a R9 390

 

"new" 300 series

[patrickjp93]

But that should not be the case the r9 200 series should have delivered, it didnt. The 300 series has not delivered. AMD is failing because it is simply not making profits on sales. I bet they are loosing money on every 290x sale just to increase market share. 

The 300 series is a 200 series refresh, and we'll have to wait to see the long-term sales and revenues/profits generated from it.

[FuzzyYellow]

And I just got an AMD gpu...

[DEDRICK]

Good time to buy stocks when they are super cheap(Closed at 1.87 today) in the hopes that they spike around Zen time.  Chances are they will drop a lot more tomorrow, so I would hold off

[patrickjp93]

Good time to buy stocks when they are super cheap(Closed at 1.87 today) in the hopes that they  spike around Zen time.  Chances are they will drop a lot more tomorrow

Get a feel in their earnings call before you jump on AMD stock. If they're being floury and overly gung-ho, don't buy. If they're pessimistic, don't buy. If they're realtively realistic but positive, it might be a good idea to buy. You can see the earnings call webcast in half an hour here. http://edge.media-server.com/m/p/i4phusso/lan/en

[Agent181]

So zen will be amds last stand.... If they make it it's going to suck only having Intel until that one Chinese chip actually gets developed then it's who knows what will happen

[Trik'Stari]

 

Keep it up AMD. Keep going in 8000 directions at once instead of focusing on one thing and making money.

[patrickjp93]

 

 

Keep it up AMD. Keep going in 8000 directions at once instead of focusing on one thing and making money.

AMD's not even going in more than 5-6 directions. Intel on the other hand is all over the place and making money hand over fist.

[Trik'Stari]

AMD's not even going in more than 5-6 directions. Intel on the other hand is all over the place and making money hand over fist.

Then I've no idea what their problem is. I still think they need to drop either CPU's or GPU's, and focus on the one that they don't drop.

[FuzzyYellow]

Then I've no idea what their problem is. I still think they need to drop either CPU's or GPU's, and focus on the one that they don't drop.

or maybe split the company, or sell half.

[Trik'Stari]

or maybe split the company, or sell half.

They definitely need to do something. Drop something like HSA which is apparently going nowhere as far as I can tell.

[patrickjp93]

Then I've no idea what their problem is. I still think they need to drop either CPU's or GPU's, and focus on the one that they don't drop.

Then they should probably drop CPUs unless they have a revolutionary scale-up design that can go toe to toe with Oracle's Sparc systems and IBM's Power 8 in the areas of HPC they still readily control. If they gave their GPU division to Intel for a huge cash injection on the condition they get unfettered access to the GPU technology for use in their APUs going forward, that may also work.

[Colonel_Gerdauf]

Then they should probably drop CPUs unless they have a revolutionary scale-up design that can go toe to toe with Oracle's Sparc systems and IBM's Power 8 in the areas of HPC they still readily control. If they gave their GPU division to Intel for a huge cash injection on the condition they get unfettered access to the GPU technology for use in their APUs going forward, that may also work.

 

Although not by much, it would also help if AMD did not resort to such a sleazy marketing tactic.

[TheKDub]

Damn AMD, but I do think the new 300 series is gonna bump them quite a bit.

 

I am buying a R9 390

 

I can't see much point in why it would, since their 300 series is just a bunch of refreshed 200 series cards.

[Trik'Stari]

Then they should probably drop CPUs unless they have a revolutionary scale-up design that can go toe to toe with Oracle's Sparc systems and IBM's Power 8 in the areas of HPC they still readily control. If they gave their GPU division to Intel for a huge cash injection on the condition they get unfettered access to the GPU technology for use in their APUs going forward, that may also work.

I just don't see the APU's as a worthwhile project. Not until they can match the performance of current day CPU+GPU systems. Which in my experience, they don't even come close to.

 

Just a side note: I don't care about form factors. To me, performance is more important than how small the PC is.