AMD earnings drop

[petercyr]

I've seen many comments on here where people assume that bitcoin mining should have a positive effect on AMD's sales since miners are buying out all their stock. We are just a fraction of their market but here's some news:

Poor AMD. While Chipzilla just keeps shattering its own earnings records, the little company that could from Sunnyvale is struggling to chug its way uphill. Its total revenue of $1.57 billion represents a two-percent drop from the last quarter and five percent from the same time last year. Total profits fell from half a billion in Q1 to just $61 million. News was particularly bad at the graphics division which saw revenues plummet 11 percent from Q1. In total, the former ATI brand lost $7 million. It's not all bad news, though -- the company did ship a record number of mobile CPUs, won some awards, and increased its presence on the top 500 super computer list by 15 percent. That's gotta count for something right?

http://www.engadget.com/2011/07/21/amd-earnings-continue-to-drop-despite-record-cpu-sales-gpu-busi/


Hopefully this turns around. I'm sure AMD isn't going anywhere but this is certainly not great news for them either.

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[m0w3r]

ME NEED MORE 6990s

[Pipesnake]

Guess we just have to buy more hardware then!!

 

[shakaru]

Wait untill next q. You will see some movemnt.

[pennytrader]

I bought 500 shares of AMD stock yesterday and today it's up $1 a share. So I made more than 30 BTC in a day

[Oldminer]

Guess we just have to buy more hardware then!!

+ 1

[xurious]

Or people in the non-mining gaming community is going, "I would have purchased an ATI card, but they are sold out. Again. Or overpriced for the decent ones. Hey look.... all these nvidia cards are cheap as dirt!"

[rograz]

I think it's more a fact that the market is starting to become saturated with "current" gen cards, we have been stuck with cards of similar performance for almost 2 years now (how many actually see any point  in upgrading from 58xx to 69xx?)

[BitshireHashaway]

I think that bitcoins are making a difference on the earnings probably in at least the millions of dollars range, though it would be interesting to see how they recover. I think that they should make a Asic for bitcoin mining thats reliable then they could hopefully make some extra money:). Or mine bitcoins on all the graphics cards running in their testing centers.

[tom_o]

I think that bitcoins are making a difference on the earnings probably in at least the millions of dollars range, though it would be interesting to see how they recover. I think that they should make a Asic for bitcoin mining thats reliable then they could hopefully make some extra money:). Or mine bitcoins on all the graphics cards running in their testing centers.

This thread is 2 years old. AMD is now posting record share price increases

[Hfleer]

I think that bitcoins are making a difference on the earnings probably in at least the millions of dollars range, though it would be interesting to see how they recover. I think that they should make a Asic for bitcoin mining thats reliable then they could hopefully make some extra money:). Or mine bitcoins on all the graphics cards running in their testing centers.

They weren't actually making cards aimed at bitcoin mining, so it's doubtfull they would get into Asics.

[ISAWHIM]

Watch them come-out with a dedicated ASIC card that fits in a PCIe 1x slot... One that actually ships. (Instead of being "tested for months, earning them our shares, lowering our value, before releasing it.)

Multi-cryptable, so it can do all cryptocoins! lol.

Yea, we are not paying "full retail", which is what makes them money. We pay "true value", which is closer to what it costs them to manufacture them. (Still makes them money, just not as much as others who are paying hyped-up $1200 for one card.)

Not to mention, they don't actually MAKE the cards we buy. They make the chip, and sell it to manufactures. However, there are less and less manufactures, and even less people waiting to spend that crazy hyped amount for a single card.

They have reached the effective "power-limit" of "legal" use within a "home PC". They have no choice now, except to make faster chips that consume less power and dollars. No-one wants to spend $1200 on a single card, or pay $4800 for four, which will cost $5000 a year in power and "extra power-supplies", and air-conditioning, just to use it for playing games. Ok, a few people do.

If it wasn't for bitcoins, all THIS HYPE, they would have lost more. However, the old cards are not sitting on shelves, collecting dust, in stores hands... they are sucking-up dust, in our computers. (It just turns-out that all the crappy stores are closing, due to trying to force-feed everyone hyped prices, and now they are left in the dust they collected.)

[tom_o]

They have reached the effective "power-limit" of "legal" use within a "home PC". They have no choice now, except to make faster chips that consume less power and dollars. No-one wants to spend $1200 on a single card, or pay $4800 for four, which will cost $5000 a year in power and "extra power-supplies", and air-conditioning, just to use it for playing games. Ok, a few people do.

Tis is something that promises to make tech innovations very interesting in the next few years. I mean my single core i3 1.2GHz is still usable for day to day tasks, my GTS250 can still manage modern games on lower (xboxish) settings).


If AMD were working on a 1x PCI-E crypto card then that would be darn cool.

[billotronic]

If AMD were working on a 1x PCI-E crypto card then that would be darn cool.

You can say that again!

[tom_o]

If AMD were working on a 1x PCI-E crypto card then that would be darn cool.

You can say that again!

Thinking about it, even if they started now, they could be using 28nm node and all their top end engineers. If they aint on this then they're being daft.

[Frizz23]

I contacted AMD about 2 years ago and suggested that they spend a few transistors for optimized SHA-256 operations for Bitcoin mining. Of course I never got a reply ...