As Intel crows about its record third quarter and $2.2 billion profit, AMD is still up a creek without a paddle. The world's number-two processor maker has posted a net loss of $396 million for the third quarter, marking its fourth consecutive unprofitable quarter. Those who have been keeping track of AMD's financial results will know the company lost $574 million in the fourth quarter of last year, $611 million in the first quarter, and $600 million in the second quarter, for a total loss of $2.181 billion dollars over the past four quarters.
On the upside, AMD's revenue for the third quarter was $1.632 billion, up 18% compared to the second quarter and up 23% compared to the same time period last year. AMD boasts that it sold a "record number" of microprocessors through the channel and that revenue for its graphics segment rose 29% sequentially. The company also increased its gross margin from 34% in the second quarter to 41% in the third. Of course, that margin is still more than 10 points lower than Intel's, which hit 52.4% in the third quarter.
Looking ahead to the fourth quarter, AMD has no numbers to quote. Instead, the company merely states, "In the seasonally up fourth quarter, AMD expects revenue to increase in line with seasonality."
|Friday night topic: what are you giving for Christmas?||112|
|Notes from TR's next-gen storage testing||24|
|Today's Steam deals include AC Unity, Borderlands: The Pre-Sequel||32|
|Deal of the week: A Radeon R9 290X for $280, a 960GB SSD for $339, and more||2|
|RRAM breakthrough could lead to 1Tb chips built on 28-nm tech||24|
|The TR Podcast 167.5 bonus edition: You guys ask us stuff!||4|
|AC Unity season pass holders can now redeem their free game||13|
|Our bonus TR live stream is up right now!||4|
|I'm still the sole owner of TR and Editor in Chief, and I'm still writing in-depth reviews. See my iPhone 6 and 6 Plus review, just published. Folks c...||+118|