Official AMD Q1 Earnings Thread -

[Shizamaaur]

Forbes: AMD on the ropes:
http://www.forbes.com/technology/2007/04/19/amd-chips-intel-tech-cx_bc...19amd.h

Interesting, I really think Intel screwed up with loosing them emails 😉

 

[Wombat2]

Forbes: AMD on the ropes:
http://www.forbes.com/technology/2007/04/19/amd-chips-intel-tech-cx_bc...19amd.h

Interesting, I really think Intel screwed up with loosing them emails 😉

Intel "lost" those emails about as much as the republicans "lost" their emails.

Who would think that billion dollar companies would use the-dog-ate-my-homework like excuses :lol:

 

[Shizamaaur]

Intel "lost" those emails about as much as the republicans "lost" their emails.

HAHA so true :lol: :lol:

AMD the underdog ate our homework......

 

[SuperFly03]

Forbes: AMD on the ropes:
http://www.forbes.com/technology/2007/04/19/amd-chips-intel-tech-cx_bc...19amd.h

Interesting, I really think Intel screwed up with loosing them emails 😉

Intel "lost" those emails about as much as the republicans "lost" their emails.

Who would think that billion dollar companies would use the-dog-ate-my-homework like excuses :lol:

It is only illegal to delete emails after being notified of a Governmental investigation. They might have "accidentally" deleted them after hearing rumors of a possible filing from AMD hehe.

 

[SuperFly03]

AMD Ratio Analysis 2004-2006 by Quarter

Edit: Row 30 is stock price on the ending day of the quarter.

 

[Wombat2]

It is only illegal to delete emails after being notified of a Governmental investigation.

Nope. Google Sarbanes Oxley.

 

[bixplus]

Does anyone have the link or other information for catching the earnings report this afternoon?

 

[SuperFly03]

It is only illegal to delete emails after being notified of a Governmental investigation.

Nope. Google Sarbanes Oxley.

Yes, what about it. If you are destroying files in accordance with corporate policy and they are older than 7 years, then yes you can delete them.

This applies to audit work papers...

 

[SuperFly03]

Does anyone have the link or other information for catching the earnings report this afternoon?

Investor Relations section

It is only illegal to delete emails after being notified of a Governmental investigation.

Nope. Google Sarbanes Oxley.

"(c) Whoever corruptly-

'(1) alters, destroys, mutilates, or conceals a record, document, or other object, or attempts to do so, with the intent to impair the object's integrity or availability for use in an official proceeding; or

'(2) otherwise obstructs, influences, or impedes any official proceeding, or attempts to do so, shall be fined under this title or imprisoned not more than 20 years, or both.'.'

Meaning, you have to have intent.

Addendum: Morningstar cut their Fair value evaluation of AMD from $25 to 13 and rates it as a Sell at 15.70 and buy at 8.6, hmmm.

 

[sirkillalot]

SUNNYVALE, Calif., Apr 19, 2007 (BUSINESS WIRE) -- AMD (AMD) today reported financial results for the quarter ended March 31, 2007(1). AMD reported first quarter 2007 revenue of $1.233 billion, an operating loss of $504 million, and a net loss of $611 million, or $1.11 per share. These results include ATI acquisition-related and integration charges of $113 million, or $0.21 per share, and employee stock-based compensation expense of $28 million, or $0.05 per share. In the fourth quarter of 2006, AMD reported revenue of $1.773 billion and an operating loss of $529 million. In the first quarter of 2006, AMD reported revenue of $1.332 billion and operating income of $259 million.
Advanced Micro Devices Sees 2Q Rev Flat To Slightly Up >AMD

 

[bixplus]

Thanks much SuperFly.

 

[Wombat2]

SUNNYVALE, Calif., Apr 19, 2007 (BUSINESS WIRE) -- AMD (AMD) today reported financial results for the quarter ended March 31, 2007(1). AMD reported first quarter 2007 revenue of $1.233 billion, an operating loss of $504 million, and a net loss of $611 million, or $1.11 per share.

8O 8O 8O 8O

Revenue down 33%.

What will Q2s results look like! 8O

 

[iterations]

$611 Million dollar loss.

And gross margin fell to 28.1%.

Holy crap, Ruiz is driving the company into the ground trying to "win market share" when they don't have any dominant products or technology.

And they lost market share.

And they are cutting capital spending by $500 Million, so less R&D.

 

[BaldEagle]

Addendum: Morningstar cut their Fair value evaluation of AMD from $25 to 13 and rates it as a Sell at 15.70 and buy at 8.6, hmmm.

They couldn't have just gone for a half price sale

 

[Wombat2]

"First quarter 2007 gross margin was 31 percent, excluding stock-based compensation expense and acquisition-related charges, compared to 40 percent in the fourth quarter of 2006 and 59 percent in the first quarter of 2006. The decrease from the prior quarter was largely due to significantly lower microprocessor unit shipments, lower microprocessor average selling prices (ASPs), and the inclusion of the former ATI operations, which generally have lower-margin products, for the entire quarter."

"Year-over-year server and desktop processor unit shipments and revenues declined significantly, while mobile processor unit shipments and revenue increased significantly."

 

[iterations]

Shares of AMD were just halted for trading so it doesn't tank to obvilion. No after hours trading allowed.

Ouch.

 

[benzene]

...Ouch indeed;

"“After more than three years of successfully executing our customer expansion strategy and significantly growing our unit and revenue base, our first quarter performance is disappointing and unacceptable,” said Robert J. Rivet, AMD’s chief financial officer."

 

[The_Abyss]

I wouldn't want to have stock, today. I'd be biting my finger-nails, to the core. Could be a bumpy ride today. :?

Freefall is rarely bumpy, apart from the landing...

 

[ElMoIsEviL]

Elmo... a Qx6700 at 4.23GHz? WTF are using cool it? lol.

5 Quarters down, 7 to go.

Lol... I don't run it at that clock 24/7. That was my project for my thread on Xtremesystems.

It can run at that speed 24/7 but something tells me the voltage would kill it.

It's Thermo-Electrically cooled. Basically Watercooling and Peltier's. I'm also using a Meanwell dedicated power supply to power the Pelt's.

 

[bonkers]

Shares of AMD were just halted for trading so it doesn't tank to obvilion. No after hours trading allowed.

Ouch.

Trading Halted While AMD Opens Suicide Hotline :twisted:

 

[SuperFly03]

Elmo... a Qx6700 at 4.23GHz? WTF are using cool it? lol.

5 Quarters down, 7 to go.

Lol... I don't run it at that clock 24/7. That was my project for my thread on Xtremesystems.

It can run at that speed 24/7 but something tells me the voltage would kill it.

It's Thermo-Electrically cooled. Basically Watercooling and Peltier's. I'm also using a Meanwell dedicated power supply to power the Pelt's.

That is what I was thinking, 437w TEC or 226w? My guess is 437. What vcore, 1.55?

 

[SuperFly03]

I am waiting on hold for the conference call. I will provide more analysis then.

 

[sirkillalot]

Shares of AMD were just halted for trading so it doesn't tank to obvilion. No after hours trading allowed.
Ouch.

Trading Halted While AMD Opens Suicide Hotline :twisted:

well i wont be killing myself over 2.5% not to bad considering

 

[Wombat2]

You can listen to the webcast live ... live now: http://www.amd.com/edwebcast

They are playing soothing music to calm down the investors :lol:

 

[sirkillalot]

hehe

thanks