MANOFKRYPTONAK :
somebodyspecial :
MANOFKRYPTONAK :
somebodyspecial :
I hope both sides charge whatever the market will bear - that is called capitalism in a FREE market. If you can't afford product X, get a better job. If they go cheap they make no money and that ends with a new gen every 3 years instead of every year or so. NV isn't making what they did in 2007 and hasn't since, so for the last ~7 years they've been giving you a break despite what you believe or they'd make MORE at some point in the last 7yrs correct?
AMD, still trying to make money for a full year. See the point. Quit whining about pricing when nobody is making much cash. IF you think that price is too high on either side, I'd challenge you to PROVE they are ripping you off after looking at their 10yr summaries and recent balance sheets. YOU ARE WRONG.
If you want pricing to come down some, you could also hope AMD makes more money so they can put out products that don't have as many problems which would cause NV to price lower. You price your product for a premium over your competition when the competition has issues (be it speed, drivers in phase 3, etc etc, same with Intel vs. AMD). Companies are in business to make money, NOT do you favors no matter what you think. Their job is to make money and neither side is doing very well compared to the last 10yrs. The pricing war has killed them both. If you took out the payments to Nvidia from Intel they wouldn't be making 1/2 what they were in 2007...LOL.
You whiners need to read balance sheets and financial reports. Clueless. I sincerely hope companies IGNORE you whiners and charge whatever they can get, because they are both WEAKER today than before. We need them stronger, NOT weaker than they already are.
LOL!!! They are making money, they have to or they would just shut down there business and move on. You are looking at this to simplistically. There are so many factors that go into making these cards, fab processes, coding, contracts, engineers, etc... The fact is they are charging more for these card series than in the past, you can't get around that... They are not giving anyone a break lol, they are a corporation!!! The fact is they have ECONOMISTS that determine the market to try and make the most for the corporation. The amount of research they put in and what they research to try and predict the market is incredible. One can't just simply say that a company is taking it easy on the consumer, or making less money for the benefit of the consumer... Of course they are making a ton of money still off of there products. And they are always trying to make as much money as possible. AMD can't make a profit because they had a horrible business plan, and weren't very competitive, NOT because they wanted to sell me a 290x at a discount. Take some advanced level econ classes, you will see it's a lot more in depth than a simple supply and demand curve.
Thank you so much for taking it easy on me Nvidia and AMD, you are charging me less money and giving me a break on your products! I know you do it because you care!
You didn't read any of my data did you. AMD lost $6Billion in the last 10yrs. Making money? What is your definition of making money? Take a look at the links before you claim that fantasy as reality. Take a look at R&D spending etc.
In the last 12 months (TTM for those who trade) amd has lost ~90million. You are confused about the definition of PROFITS and LOSSES. Nvidia makes 1/2 what they did in 2007. You call that great? Balance sheets don't lie. Financial reports are not fantasy. Your statements however, are backed by nothing but your own opinion. Please point to all the magical profits you seem to think these two are making. Nvidia wouldn't be making much either if you took out Intel's payments due to the lawsuit. That would leave them both making jack squat. Intel pays NV 67mil/quarter so take that away from the ~450mil they make now and you get ~200mil even for NV and that is 1/4 what they made in 2007. What part of this math are you not understanding?
http://investing.money.msn.com/investments/financial-statements?symbol=US%3aNVDA
10yr summary on NVidia.
http://investing.money.msn.com/investments/financial-statements?symbol=amd
10yr on AMD. You don't need to believe me, just check the stats. You are wrong. By a long shot. You're just wasting my time. AMD is near death it's just taking a while as they continue to sell senior notes at TERRIBLE rates to stay afloat because their credit rating is JUNK BOND status. Check the shares outstanding. Jeez...Doubled in 10yrs. Stock from $42 to $4 in 7yrs...That's good to you? Assets in half in that time (meaning you own 1/2 what you did before), more long term debt than 10yrs ago too (the senior notes etc sales, hoping you'll be profitable before they come due). R&D has dropped from 1.7B to 1.2B in just the last 4 years. Quit living in a pipedream please.
You are right, and you are "somebody special", I know nothing, nothing at all. You truly are much more intelligent than anyone else... You are right they are giving away these graphics cards at these prices. The following are not my personal overview of AMDs financial statements, they are from anandtech.com and more importantly they are from Brett Howse.
From here:
http://www.anandtech.com/show/7944/amd-q1-2014-quarterly-earnings-20m-loss-on-140b-in-revenue
The biggest decrease was in the Computing Solutions (CPUs & APUs) segment, where there was a decrease of 12% year-over-year, however the Graphics and Visual Solutions (GPUs & custom SoCs) segment had a huge year-over-year increase of 118% mostly due to semi-custom SoC production. This isn’t surprising with the very high sales of the Xbox One, and more so the PS4, both which have AMD silicon at the heart of their platform.
GPU operating income also increased year-over-year up $75M with the release of the popular Radeon R7 and R9 products and strong Average Selling Prices of those devices.
Brett seems to think they are making money. He doesn't seem to think that AMD is giving them away. He also said that the average selling price was strong, and up $75M.
I think I am going to go with AMDs own financial reportings on this one and Brett Howse. AMD is making money selling GPUs, and no they are not giving them away...
So yeah, sorry "somebodyspecial", Like I said take a few classes at a university and learn a little bit lol.
Start your post with personal attacks etc...ROFL:
https://commons.wikimedia.org/wiki/File:Graham%27s_Hierarchy_of_Disagreement.svg
Try to avoid the bottom 3-4 in that hierarchy. I think you pretty well covered the bottom 3 if not 4.
http://quarterlyearnings.amd.com/phoenix.zhtml?c=74093&p=quarterlyearnings
Why not just read AMD's own data. Why read an AMD shill website with a whole portal dedicated to them and nothing for the other side
You seem to have a problem with the nick, but if you've been here long and read my posts it was chosen because my usual nick (NOBODY SPECIAL) was gone (my posts using this are all over seeking alpha etc) and my old nick on here before some database snafu on toms years ago was thejian which I use still at anandtech (with underscore there) etc. Not sure where in my statements you got that I'm smarter than everyone or that I think I'm more intelligent then anyone else (you took that from the nick or something?). Attacking me or my nick doesn't change the data. Your own page you link to says they lost 20mil on the quarter, and most of the gpu money comes directly from Console chips. We'll see next month for Q2, how they're doing without the help of miners buying up their cards.
The numbers you're quoting cover 1Q (and after 2 HUGE launches, consoles + R7/R9) and you have to consider that after the 200mil to GF, the ~50mil in interest etc (not sure they paid more than 1/2 to GF with debt up 80mil) they get a 20mil loss. If after all is said and done you are still losing money, you're not charging enough correct? If you have 1.4Billion in sales but LOSE 20mil you're not charging enough correct? After cutting 30% of your workforce you still can't make money yearly (that's a lot of wages not being paid now, mostly engineering lost), you're not charging enough correct?
Operating income can be through the roof, but if NET INCOME is a loss you're missing the point here. Their job is to make NET INCOME. The money that is left after everyone slices and dices it (taxes, bills to pay, R&D etc). The PROFIT. YOY increase of 118% as they said in your own link "was driven by higher sales of semi-custom SoCs." Well I took that quote from AMD directly but it's the same point. Meaning CONSOLES caused it as those are not on discrete cards (yet, maxwell or pascal might have one, maybe amd by then too). ASP's can be up, that's great. But if they are still losing money, they apparently aren't up quite enough yet correct? Anandtech can pull rosy facts to hide the whole story, but a quick look at the reports in their ENTIRETY shows otherwise. Operating income is the "FEEL GOOD/LOOKS GOOD" number, but NET INCOME is the harsh reality number that you go home with in your pocket. You can have 1Billion operating income, but if after every thing is done, your net income is -1.5B you're losing your butt. Get it?
If your ASP's go from 10% to 20% and someone claims "they doubled their ASPs on STRONG sales of product X" but then say, but we lost 100mil. The ASP increase is pretty meaningless correct? Clearly in that case they need to be higher. A more accurate way to say that would be they doubled the ASP but still need it to be, say, tripled AGAIN to make money (IE 60%, just examples here). They're moving in the right direction but have a long ways to go. Get the point? If your ASP's are better yay, but if not making money yet, boo not enough ASP. Anandtech's take uses words like "STRONG ASP, HUGE increase", my take: but not enough to make a profit...LOL.
Anandtech paints a rosy picture as always (IE, they don't say HUGE increase in the reports, anandtech adds that flavor). IE saying keeping cash at 1B that they like (they don't want more?...They don't want NV's 3.7B in cash? LOL). But forget to tell you that it went DOWN. Quit reading PRESS RELEASES and read the REAL DATA.
http://investing.money.msn.com/investments/stock-balance-sheet/?stmtView=Qtr&symbol=US%3aAMD
4Q2013 1.097B in cash/short term equiv, but this last Q1 now 907mil. Nearly a 200mil drop right? I'd call it a major drop at ~18-20% depending on how you look at the numbers.
Assets
Cash, Equiv and Short Term Investments (check this line out in link above)
Total Debt went from 2.06B to 2.14B. Again adding 80mil to debt not good either. Do the numbers all still sound as rosy as anandtech painted it now? Debt up, still 20mil loss, most gpu money YOY came from custom soc (consoles).
Let me know when they make ~380-497mil like the did 2009-2011. I don't call a $20million loss HUGE PROFITS. It's a freaking LOSS.
1st comment on that anandtech post of yours says it all:
"Hrel - Thursday, April 17, 2014 - link
If that's not a positive spin I don't know what is."
And the last comment:
"24Gordon - Sunday, April 20, 2014 - link
Am I right to worry that GPU sales were only as good as they were because of cryptocurrency mining?"
My thoughts exactly in both cases. Also that consoles are dropping as they note (NPD etc shows this too), and it cost them 31mil this Q due to that drop. These things just came out, this isn't good either.
Nvidia charges more, causes all the whining etc. But guess what, THEY MAKE MONEY (and nowhere near 2007 levels so still not enough). So if AMD isn't making money, what are they doing wrong? I'm feeling generous so I'll spell it out for you. They are not CHARGING enough to MAKE MONEY
I'm done responding to you on this particular topic. We can agree we disagree. Enjoy your evening.