AMD profitable in Q3? yes.

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AMD profitable in Q3? yes.

Postposted on Fri Aug 23, 2013 1:06 pm

508 Chai Chee Lane, Singapore 469032

I guess thats how AMD makes money nowadays...
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Re: AMD profitable in Q3? yes.

Postposted on Fri Aug 23, 2013 2:01 pm

Another one ? hrrmmmm ..
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Re: AMD profitable in Q3? yes.

Postposted on Sat Aug 24, 2013 1:12 pm

Huh? What does AMD's Singapore office address have to do with their Q3 figures?
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Re: AMD profitable in Q3? yes.

Postposted on Sat Aug 24, 2013 2:27 pm

Oh I get it. Sigh.
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Re: AMD profitable in Q3? yes.

Postposted on Sun Aug 25, 2013 4:45 pm

http://sabana.listedcompany.com/newsroo ... DF20.1.pdf ?

They're selling their property again? I thought they learned their lesson in Austin...
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Re: AMD profitable in Q3? yes.

Postposted on Sun Aug 25, 2013 5:11 pm

Waco wrote:http://sabana.listedcompany.com/newsroom/20130823_072507_M1GU_EE6DF52F7569516348257BCF0034DF20.1.pdf ?

They're selling their property again? I thought they learned their lesson in Austin...

And as last time, sale/leaseback is an every-day transaction in the corporate world and almost always done for sound financial reasons. It's not the sale proceeds, it's the beneficial accounting/tax treatment of lease obligations compared to depreciating fixed assets. Instead of depreciation over 31 years (US tax code for real property) the entire lease payment can be expensed for tax purposes.
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Re: AMD profitable in Q3? yes.

Postposted on Sun Aug 25, 2013 9:02 pm

This, my friends, is why our tax system is broken. :lol:
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Re: AMD profitable in Q3? yes.

Postposted on Sun Aug 25, 2013 10:31 pm

Arguing why the system might encourage X and discourage Y is the province of R&P while evaluating choices made under the extant system is not R&P, at least to me.

Thanks for listening, as I hate splitting interesting 'Porch topics to R&P.
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