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Old October 19, 2012, 08:02 AM
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SKYMTL SKYMTL is offline
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Location: Montreal
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Default AMD Announces Q3 Results; $157 Million Loss, Layoffs Planned

AMD has been struggling as of late and their latest financial results point to a situation that is looking quite bleak, particularly for the APU business.

One of the main challenges faced by technology companies in this day and age is staying profitable, regardless of the marketís troubling waters. While many (including Intel and NVIDIA) have faced declines in their revenue streams, they have come through 2012 largely unscathed due to their relatively large amounts of on-hand cash and their continued strength with OEMs. Unfortunately, the same canít be said for AMD, which, after several restructuring efforts has gone from minor profits to operating losses.

Read more here: AMD Announces Q3 Results; $157 Million Loss, Layoffs Planned | Hardware Canucks
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