AMD has released its Q2 financial reports today, and the numbers aren't good. The company has continued to struggle as numbers have fallen short of projections. Investors aren't happy, but Microsoft might be.
CEO of AMD Lisa Su called the fiscal quarter a "disappointment", and it isn't the first time. During the last three months revenue was at a total of $942 million, a drop of 17% when compared to the already alarming Q2 2014. Gross margins were 7% short of their original estimations resulting in an increasingly worrying trend. Investors want answers.
AMD has been reliant on its deals with console manufacturers and reasonable success with Radeon GPU sales for a source of good news during the past couple years, but demand for its other hardware has fallen dramatically. It anticipates that its K12 core release in 2016 will turn things around for the better.
This ominous position makes the recent—and credible—rumor that Microsoft is looking to acquire AMD more of a plausible move than ever.
http://www.gamerevolution.com/news/amd-falls-short-of-projected-financials-in-position-for-rumored-microsoft-acquisition-33949