Quarterly figures: AMD makes 99 percent more sales than a year ago

by Hilbert Hagedoorn on: 07/28/2021 08:56 AM | source: | 28 comment(s)

An impressive 99 percent increase in sales was achieved in a direct year-on-year comparison, said Lisa Su, AMD's CEO.

Operating income, in turn, was $ 831 million, a margin of 22 percent. Net income in Q2 in 2021 was around 710 million US dollars ( GAAP ) and 778 million US dollars (non-GAAP), around 260 and 352 percent higher than in the previous year. Lisa Su was correspondingly satisfied and continued to be optimistic about the company's key figures in the second quarter of 2021.

Our business performed exceptionally well in the second quarter as revenue and operating margin doubled and profitability more than tripled year-over-year.

We now expect our 2021 annual revenue to grow by approximately 60 percent year-over-year driven by strong execution and increased customer preference for our leadership products.

Dr. Lisa Su, AMD President and CEO

In addition to sales and profit, AMD was also able to increase the gross margin slightly from the previous year from 47 to 48 percent. Lisa Su also spoke about the “ significantly faster ” growth of AMD “ compared to the market ”.

We are growing significantly faster than the market with strong demand across all of our businesses.

Dr. Lisa Su, AMD President and CEO

Earnings per note rose year-on-year from $ 0.13 to $ 0.58 per share, but is significantly lower than in the previous quarter (EUR 1.45).

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olymind1
Member

Posts: 90
Joined: 2011-02-21

#5933549 Posted on: 07/30/2021 10:29 AM

Naw, you just sound poor.

True, there is no denying that.

But if you look at 7850 2 GB $250 (from 2012) we went to RX480 8 GB $240 (from 2016) we got 4x more VRAM and +100% (2x) performance, now we got an RX6600XT 8GB for $380 in 2021, it costs $140 (+55-60%) more for +100% performance, whether i'm poor or not 5 years later it's just not enough. :rolleyes:

It's just not a good price for a 1080p card. No to mention their increased cpu prices. But at least i know that many others won't buy these products.

AsiJu
Senior Member

Posts: 8101
Joined: 2010-10-16

#5933551 Posted on: 07/30/2021 10:39 AM

In fairness it's great there are now 2 manufacturers that actually compete with each other.
I'm actually hoping Core 12th gen is faster than Zen 3 and Zen 4 is then faster than Core 12th gen and so on.

With reasonable thermals and pricing!

JamesSneed
Senior Member

Posts: 1494
Joined: 2017-02-14

#5933641 Posted on: 07/30/2021 04:16 PM

I understand what you're saying, but there is no denying that their products are becoming much more and more expensive year after year, and not everyone can or willing to pay for them.

Yes but then their competitors are not cheaper either. While what you said is true it only matters if their competitors are cheaper. In this case demand has outstripped supply by a large margin and everything in tech costs more.

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