Predict AMD's Q4 Earnings ... go on !!

[TechnologyCoordinator]

Anyway, it's not about being right or accepting apologies, I just want AMD to make money and stay in the game else we'll all suffer.

Well there's one thing we can whole-heartedly agree on.

I think that 2010 will be the turn-around year for AMD, not just financially, but I think they'll get their technology turned around too.

 

[jennyh]

I'm not sure it will be.

There was real competition before, 5 years ago or so. Intel snuffed it out, and since then the whole situation has changed so much that even AMD's superior engineers can't turn it around now.

2010 needs a major suprise (the good kind), or else it's curtains for AMD.

 

[fazers_on_stun]

$105m is less than last quarter. CPU sales up 14%, GPU sales up 48%.

$250m extra revenue has to have gone somewhere, there must be at least $100m extra spending over q3.

Hmm, I'd check Hector's pockets before he skips town 😀

 

[verndewd]

I'm not sure it will be.

There was real competition before, 5 years ago or so. Intel snuffed it out, and since then the whole situation has changed so much that even AMD's superior engineers can't turn it around now.

2010 needs a major suprise (the good kind), or else it's curtains for AMD.

:lol: :lol: :lol:

you just contradicted yourself

 

[BadTrip]

Hmm, I'd check Hector's pockets before he skips town 😀

+1000

LMAO[:mousemonkey:5][:mousemonkey:5][:mousemonkey:5][:mousemonkey:5]

But seriously it is good news that AMD finally hit black.

 

[ElMoIsEviL]

+1000

LMAO[:mousemonkey:5][:mousemonkey:5][:mousemonkey:5][:mousemonkey:5]

But seriously it is good news that AMD finally hit black.

Yep, All AMD needs to do now is find another reason to sue Intel if they want to remain in the black 😛

 

[BadTrip]

Yep, All AMD needs to do now is find another reason to sue Intel if they want to remain in the black 😛

It will be Nvidia next. Then Via.

 

[BadTrip]

wait an min, VIA has no money. Change that to Apple.

 

[jennyh]

:lol: :lol: :lol:

you just contradicted yourself

How so?

How much longer do you think AMD can stand in the face of $2bn+ profits every quarter when they are barely breaking even?

AMD do have superior engineers, the fact that they are still hanging in is clear testament to that. However, the sheer billions being thrown at intels sub-par engineers is going to tell eventually.

How many mistakes can intel engineers make and get away with? Now how many mistakes can AMD engineers get away with? Intel intend to spend $7bn on R&D next year. That is more than AMD has ever made in revenues.

 

[verndewd]

AMD's superior engineers can't turn it around now.

How is that not a contradiction?

how is it that superior engineering cannot turn IT around.

what in the hell did Intel do with the evolution of core to core 2duo?

Apparently you have to be inferior as a designer to TURN IT AROUND?

You walk into a logic based class , You say that superior minds cant turn x around and theyll stare at you until you leave.

so in tracing your lack of logic backwards

If AMD engineers are superior the 10k more or less Intel engineers which after the atic buyout will dwarf the entire AMD ATI staff is inferior no matter what , even though their lith is more precise and their designs are winning.

Youre really off into some wierd azz lala land where you couldnt be objective to save your life. You waste so much of your potential beating on the AMD gods wardrum that you not only discredit you but you make your idols look bad as people will think to own an amd is to share in the false reality people like you go around vomiting out all of your orifices.

No offense meant but you really need to stop worshipping AMD

 

[Chad Boga]

Nah not really. AMD already made a profit last quarter. Tbh, that one felt more like a real profit than this one did.

Anyway, it's not about being right

Which you never are.

AMD Corporation in Q3 2009, lost $128 Million dollars, that figure and how it was derived are clearly presented in AMD's Financial Reports(assuming one knows how to read financial reports).

 

[verndewd]

How so?

How much longer do you think AMD can stand in the face of $2bn+ profits every quarter when they are barely breaking even?

AMD do have superior engineers, the fact that they are still hanging in is clear testament to that. However, the sheer billions being thrown at intels sub-par engineers is going to tell eventually.

How many mistakes can intel engineers make and get away with? Now how many mistakes can AMD engineers get away with? Intel intend to spend $7bn on R&D next year. That is more than AMD has ever made in revenues.

Pop quiz who owns most the patents on pc based tech?
answer Inel
reason?
Jenny H " its because they are inferior designers."
Reason why AMD has to license Intel x86 and growing extensions list as well as newly aquired multi threading?
Jenny H " because AMD is superior in design"

Reason why the 1 year younger AMD has had to go fabless
Jenny H because "AMD designers are superior"

etc etc etc

You should start a tech site with UFOlogists and reptile DNA webmasters grab doctor shakiranoob and BM and youre all set to compete with the best conspiracy tech theorists out there.

In reality it more like tech terrorism.

 

[smithereen]

I'm not sure who has superior engineers, but that fact that AMD, with a fraction of Intel's R&D budget, (to say nothing of their alleged illegal tactics) is still relevant is impressive.

 

[Reynod]

Mike Magee is back ... for all you oldtimers.

Here is his funny pi$$take on the whole thing.

http://www.techeye.net/chips/amd-turns-in-a-profit

Now can one of the mods declare a winner, give them the best answer and close the thread please?

We have enough fanboi threads open so it seems pointless to let this one go down the toilet ... when so far people have been so civil I am a bit worried.

 

[verndewd]

SUNNYVALE, Calif. —1/21/2010
AMD1 (NYSE:AMD) today reported revenue for the fourth quarter of 2009 of $1.646 billion, an increase of 18 percent compared to the previous quarter and 42 percent compared to the fourth quarter of 2008.

In the fourth quarter of 2009, AMD reported net income attributable to AMD common stockholders of $1.178 billion, or $1.52 per share, which includes a net favorable impact of $1.238 billion, or $1.57 per share. AMD reported operating income of $1.288 billion in the quarter, including a net favorable impact of $1.224 billion. The net favorable impacts were primarily from a legal settlement with Intel Corp2.

For the year ended Dec. 26, 2009, AMD reported revenue of $5.403 billion. Fiscal 2009 net income attributable to AMD common stockholders was $304 million. AMD reported revenue of $5.808 billion and a net loss attributable to AMD common stockholders of $3.129 billion for fiscal 2008.

As of the first quarter of 2010, AMD will report operating results for what was formerly referred to as AMD Product Company only and will no longer consolidate the financial results of GLOBALFOUNDRIES. AMD’s investment in GLOBALFOUNDRIES will be accounted for using the equity method.

“AMD’s quarter marks another milestone in our transformation and underscores our growing momentum,” said Dirk Meyer, AMD president and CEO. “We enter 2010 having completed the transition to a fabless business model, reached a historic antitrust settlement, and made significant progress strengthening our balance sheet. Our innovative strategy for designing the world’s most vivid digital experiences continues to generate demand.”

In the third quarter of 2009, AMD had revenue of $1.396 billion, a net loss attributable to AMD common stockholders of $128 million and an operating loss of $77 million. In the fourth quarter of 2008, AMD had revenue of $1.162 billion, a net loss attributable to AMD common stockholders of $1.436 billion and an operating loss of $1.274 billion.

In the fourth quarter of 2009, AMD Product Company reported non-GAAP net income of $80 million and non-GAAP operating income of $169 million. In the third quarter of 2009, AMD Product Company reported non-GAAP net income of $2 million and a non-GAAP operating income of $47 million3. AMD Product Company adjusted EBITDA for the fourth quarter was $282 million, up from $169 million in the prior quarter3.

Fourth quarter 2009 AMD gross margin was 45 percent compared to 42 percent in the prior quarter. Fourth quarter 2009 AMD Product Company non-GAAP gross margin was 41 percent compared to 38 percent in the prior quarter3.

Current Outlook
AMD’s outlook statements are based on current expectations. The following statements are forward looking, and actual results could differ materially depending on market conditions and the factors set forth under the “Cautionary Statement” below.

AMD expects revenue to be down seasonally for the first quarter of 2010.

Additional Highlights
Intel and AMD announced a comprehensive agreement to end all outstanding legal disputes. Both companies obtained patent rights under a new cross-license agreement, Intel agreed to abide by a set of fair business practice provisions, and Intel paid AMD $1.25 billion.
AMD redeemed the remaining amount outstanding of its 7.75% Senior Notes due 2012 (approximately $390 million), reduced the aggregate amount outstanding of its 5.75% Convertible Senior Notes due 2012 by approximately $1 billion and issued $500 million of 8.125% Senior Notes due 2017. In the fourth quarter, AMD decreased its debt due in 2012 by nearly $1.4 billion, to $485 million.
Lenovo announced its first AMD-powered notebooks, including the Lenovo ThinkPad Edge and Lenovo ThinkPad X100e commercial notebooks based on VISION Pro Technology from AMD.
Acer, Dell, HP and Lenovo began selling consumer PCs based on the latest AMD Athlon™ II mainstream processors that offer low energy consumption and reduced heat and noise.
AMD powers four of the top five supercomputers in the world, including the world’s highest-performing supercomputer. AMD GPUs also power the world’s highest-performing supercomputer featuring graphics processors.
AMD extended its next-generation ATI Radeon™ HD 5000 graphics cards, bringing the industry’s only DirectX 11-capable cards to additional market segments and enabling new levels of graphics performance for the mobile market. AMD shipped more than two million DirectX 11 GPUs within three months of the launch of the initial products.
AMD Teleconference
AMD will hold a conference call for the financial community at 2:00 p.m. PT (5:00 p.m. ET) today to discuss its fourth quarter financial results. AMD will provide a real-time audio broadcast of the teleconference on the Investor Relations page of its Web site at www.amd.com. The webcast will be available for 10 days after the conference call.

Reconciliation of GAAP Net Income (Loss) Attributable to AMD Common Stockholders
to AMD Product Company Non-GAAP Net Income (Loss) 1,2,3,4

Fiscal 2009 net income attributable to AMD common stockholders was $304 million.

AMD Product Company adjusted EBITDA for the fourth quarter was $282 million I was 32 million off


http://www.amd.com/us/press-releases/Pages/q4-earnings-2010jan21.aspx

 

[jennyh]

AMD's superior engineers can't turn it around now.

How is that not a contradiction?

how is it that superior engineering cannot turn IT around.

what in the hell did Intel do with the evolution of core to core 2duo?

Apparently you have to be inferior as a designer to TURN IT AROUND?

You walk into a logic based class , You say that superior minds cant turn x around and theyll stare at you until you leave.

so in tracing your lack of logic backwards

If AMD engineers are superior the 10k more or less Intel engineers which after the atic buyout will dwarf the entire AMD ATI staff is inferior no matter what , even though their lith is more precise and their designs are winning.

Youre really off into some wierd azz lala land where you couldnt be objective to save your life. You waste so much of your potential beating on the AMD gods wardrum that you not only discredit you but you make your idols look bad as people will think to own an amd is to share in the false reality people like you go around vomiting out all of your orifices.

No offense meant but you really need to stop worshipping AMD

Give enough paint to enough monkeys and they might end up making a Picasso.

You mention 10k engineers, which will 'dwarf' the entire AMD staff, but you can't figure out that this same dwarfed staff has led in tech against them in the recent past, isn't that far behind right now, and beats them soundly in graphics? How did that happen if they didn't have superior engineers?.

You know the Dell billions, the dodgy compiler, all the behind-the-scenes stuff that intel have been dragged through courts the world over for?

If they had better engineers they wouldnt have had to do that would they?

Is this really so hard to figure out? Intels inferior engineers is the reason why intel have to behave they way they do, it's the reason why they have always behaved that way. The problem now is, intel have such a commanding monetary lead that even these inferior engineers can hardly fail to stay ahead. Even with garbage like Larrabee wasting $billions.

Have you any idea just how much further advanced we'd be if AMD engineers had that sort of money thrown at them? Do you even realise that *this* is why the FTC are after intel - for harming progress?

 

[jennyh]

Which you never are.

AMD Corporation in Q3 2009, lost $128 Million dollars, that figure and how it was derived are clearly presented in AMD's Financial Reports(assuming one knows how to read financial reports).

And how much did the AMD Product Company make?

 

[jennyh]

Reason why AMD has to license Intel x86 and growing extensions list as well as newly aquired multi threading?
Jenny H " because AMD is superior in design"

Hilarious. You know what AMD-64 is right? You realise that intel licence a bunch of AMD's patents back? 😗

 

[Chad Boga]

And how much did the AMD Product Company make?

When people having been talking about AMD losing money, they talk about AMD Corporation, which takes into account all their revenues, all their expenses.

Considering you have such unique intrepretations of things(i.e. AMD made a profit this year without Intel's settlement money), why don't you first spell out what YOU mean by AMD Product Company.

 

[Reynod]

Nurse ... Flupenthixol stat.

 

[jennyh]

When people having been talking about AMD losing money, they talk about AMD Corporation, which takes into account all their revenues, all their expenses.

Considering you have such unique intrepretations of things(i.e. AMD made a profit this year without Intel's settlement money), why don't you first spell out what YOU mean by AMD Product Company.

Why take my account of it? Read the results, it clearly shows exactly what the Product Company is. Next quarter, that is ALL you will see now the GF results are deconsolidated.

 

[Chad Boga]

Why take my account of it? Read the results, it clearly shows exactly what the Product Company is. Next quarter, that is ALL you will see now the GF results are deconsolidated.

I ask for your account/definition upfront because I have learned that you have such a unique and perverse view of matters, that without doing so, one couldn't be sure if we would be talking about the same things.

And if AMD Corporation goes bankrupt, what do you think the impact would be on AMD Product Company? 😀

 

[jennyh]

That isn't going to happen considering the only reason the "entire" of AMD is losing cash is because of the foundry side of the business...which is about to be sold off probably to the tune of $2bn.

 

[Chad Boga]

That isn't going to happen considering the only reason the "entire" of AMD is losing cash is because of the foundry side of the business...which is about to be sold off probably to the tune of $2bn.

Which all makes AMD's accounts somewhat opaque by comparison to most other large companies.

There is no doubt that for now, AMD's records look probably better than is the situation due to Global Floundries needing AMD to stay afloat for a good few years at least. So I suspect that AMD is getting a sweetheart deal for now which will lead to sustained profitability in 2012 if Bulldozer isn't a fizzer.

This will allow AMD to raise more capital with a stronger share price, and by 2013 if not earlier, AMD will have divested itself of all it's holdings in GF and GF's foundry pricing it gives to AMD will reflect prevailing market conditions.


Now whilst the above should be easily understood by anyone with a third digit in their IQ, I think it best I make some further clarifying points.

1. I don't rule out AMD Corp actually having a genuinely profitable QTR before 2012.

2. If the World Economy double dips and the GFC revisits in the next 2 years, then AMD will continue to make losses.

 

[jennyh]

Which all makes AMD's accounts somewhat opaque by comparison to most other large companies.

There is no doubt that for now, AMD's records look probably better than is the situation due to Global Floundries needing AMD to stay afloat for a good few years at least. So I suspect that AMD is getting a sweetheart deal for now which will lead to sustained profitability in 2012 if Bulldozer isn't a fizzer.

You're right there isn't doubt, but for the wrong reason. GF has been making AMD's accounts look worse than they are all year, not better. There is nothing 'sweatheart' about the deal either. AMD created this company and is giving over cutting edge tech and technicians. They aren't going to do it cheap, same as TSMC wouldn't, Chartered didn't...nobody would.

Now whilst the above should be easily understood by anyone with a third digit in their IQ, I think it best I make some further clarifying points.

1. I don't rule out AMD Corp actually having a genuinely profitable QTR before 2012.

2. If the World Economy double dips and the GFC revisits in the next 2 years, then AMD will continue to make losses.

1) Depending on exactly how much of the GF loss is removed Q1, they may make a profit in this quarter.

2) Yes and most companies that aren't monopolies are the same. Maybe you want to check back 6-9 months and see who else was making a loss, because it sure as hell wasn't just AMD.