AMD's console business pays off handsomely and profitably

[DamnTastic]

drkohler said:

TheLastStarFighter said:

DamnTastic said:

Yet AMD's stock drops 11% after earnings like the last 2 earnings. And every time AMD beated estimate.
Wall street doesn't need logic, they do whatever they want lol.

I was thinking the same thing.  Baffling.

I dunno.. MS and Sony sold >7mio consoles for the year's end. Assuming an average $120 per apu, that is over $850mio, most likely over $900mio. More than half of the revenue came from the consoles, so the rest of AMD really sold piss-poor.... unless they shifted revenue around for the consoles...

They didn't sold piss poor, AMD was nearly bankrupt in 2012. SO they lend a lot of money to do a turnaround story. Now the majority of their profit goes to paying their debt. Without that their EPS would be like 3 times bigger