AMD expects big revenue decline in Q4
Posted December 11, 2008 – 3:54 pm in: amdSome say that it would accept been a phenomenon if AMD could accept met its fourth division acquirement guidance, which was accepted by the aggregation as afresh as November 14. Today, the aggregation said that it is advancing for a acquirement abatement that will be added than alert as abrupt as Intel’s contempo cut.
AMD said that it now expects fourth division acquirement to appear in 25% beneath its Q3 aftereffect of abutting to $1.59 billion, which puts the new sales advice into the $1.19 – $1.20 region, which is far beneath a acquirement ambition that would acquiesce AMD to column a accumulation (about $1.5 billion). The Q4 advice amount does not cover action technology authorization revenue, the architect said.
AMD did not animadversion on the affidavit of the advice cut and which artefact segments area afflicted the most.
Intel told investors endure ages that it expects its Q4 acquirement to bead about 12% sequentially, which puts the company’s advice into the adjacency of the Q4 2000 result, which was aswell preceded by a accumulation admonishing – one of the aboriginal warnings that hinted to the access of the dotcom balloon aback then. AMD answered Intel’s admonishing with a agenda that it stood by its acquirement advice and mentioned that to reporters and analysts during its analyst day accident on November 13.
In Q4 of 2007, AMD appear acquirement of $1.77 billion.
Tags: amd, intel, revenue