| AMD Q2 2015 Financial Results (GAAP) | |||
| Q2'2015 | Q1'2015 | Q2'2014 | |
| Revenue | $942M | $1.03B | $1.44B |
| Gross Margin | 25% | 32% | 35% |
| Operating Income | -$137M | -$137M | $63M |
| Net Income | -$181M | -$180M | -$36M |
| Earnings Per Share | -$0.23 | -$0.23 | -$0.05 |
For the quarter AMD recorded $942 million in revenue. This marks the first time in quite a number of years that AMD’s quarterly revenue has dipped below $1 billion, indicating the challenges the company has faced as the PC market continues to be soft and AMD CPU/APU sales have declined. All told the company’s revenue has dropped 8% compared to Q1, and on a year-over-year basis it has dropped 35%
In discussing their financial results for the quarter, AMD cited the soft PC market as the biggest factor pulling down the company’s performance. Historically in turn Q2 is typically the softest quarter for technology companies, however in AMD’s case it has been especially soft. With AMD’s single biggest product line being APU sales and with those sales weaker than expected, it has significantly impacted AMD’s bottom line.
Of particular note, AMD is stating that they believe the impending launch of Windows 10 was a significant factor in their weak sales for the quarter, as consumers held back on buying new systems until the new OS is out, and OEMs held back in releasing newer designs in order to align those releases with the new OS. This has particularly impacted Carrizo, AMD’s latest generation mobile APU, given that it was released only two months before the launch of Windows 10. AMD is expecting that mobile sales will rebound once Windows 10 launches, though as we’ve seen with the launch of Windows 8 in 2012, that isn’t necessarily a given.
| AMD Q2 2015 Computing and Graphics | |||
| Q2'2015 | Q1'2015 | Q2'2014 | |
| Revenue | $379M | $532M | $828M |
| Operating Income | -$147M | -$75M | -$6M |
| AMD Q2 2015 Enterprise, Embedded and Semi-Custom | |||
| Q2'2015 | Q1'2015 | Q2'2014 | |
| Revenue | $563M | $498M | $613M |
| Operating Income | $27M | $45M | $97M |
Looking forward, AMD’s projections for Q3 are that sales will pick up in both the Computing and Graphics business and the Enterprise, Embedded, and Semi-Custom business. AMD is expecting improved PC sales as a result of Windows 10 and Carrizo reaching the market – in particular shoring up the company’s poor notebook sales – while orders for semi-custom processors for the game consoles will pick up in order to build up inventory for Christmas. AMD expects overall revenue to be up 6% (+/- 3%) sequentially, though the non-GAAP gross margin is expected to come in at just 29%, which is below where AMD would like to be and means there’s a good chance AMD will be in the red again for Q3.
http://www.anandtech.com/print/9449/amd-posts-q2-2015-results-revenue-falls-once-more
Looks like consoles really did help AMD to not completely drop off the cliff.
If you demand respect or gratitude for your volunteer work, you're doing volunteering wrong.
Currently Online 
