AMD's console business pays off handsomely and profitably

[TheLastStarFighter]

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...

You're completely missing the point.  Investors had the price of shares at a given value based on expected profits, profits exceeded those expectations, but the price went down.  Essentially "Oh, they are better than I thought, so I will pay less!!"