AMD Updates Fourth Quarter Outlook
Subject: General Tech | January 12, 2007 - 08:41 AM | Jeremy Hellstrom
SUNNYVALE, Calif. â€” Jan. 11, 2007 â€” AMD (NYSE:AMD) today
announced revenue, excluding ATI-related segments, for the fourth quarter ended
December 31, 2006 is expected to increase approximately three percent from the
$1.33 billion reported in the third quarter of 2006. Fourth quarter operating
income, excluding ATI-related segments and acquisition-related charges, is
expected to be positive but substantially lower than in the third
quarter. The fourth quarter gross margin and operating income were
impacted by significantly lower microprocessor average selling prices, which
largely offset a significant increase in unit sales.
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