AMD Reports 2012 Results net loss of $473 million
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PhazeDelta1
Ouch.
Chillin
AMD needs new leadership.
They need to get rid of their desktop CPU division and sell off non-essential patents. Invest heavily in mobile/ultra-mobile processors SOC's and pray to the spaghetti-monster that they can release something on time and competitive.
They have to realize that they are still fighting over scraps of a dying market. Even Intel has realized this a while ago. AMD needs to get themselves represented in the tablet and phone market or find themselves without a customer base very soon. They have a very strong background in mobile GPU (and GPU technologies in general) that can give them an advantage in putting together an SOC that is not to be underestimated. But them coming out and saying that they are not going to explicitly support Android is one of the dumbest moves I have seen since Nokia signed an exclusive contract for Windows Phone but Microsoft was still allowed to license it out to others.
Personally, I don't care if AMD goes under, there will always be other competition. It's just a double pity that it's going under not for a lack of talent but for a lack of vision among its leadership.
Pill Monster
More bad news...hope something good happens for them soon.
---TK---
Yikes!
Ven0m
It also puzzles me how huge loss it is compared to the revenue. I do hope that consoles will help AMD.
Just now the CPU situation for AMD is grim. They offer some nice APUs, cheap solutions for home ECC-enabled servers, but for a gaming rig, I'd go for Intel. Besides, people don't buy that many desktop computers now. Phones, tablets = not AMD. Laptops? If I buy Intel-powered laptop, it'll have both better performance and battery life than AMD counterpart.
IPlayNaked
Chillin
PNeV
Not only CPU's but what about the GPU's?
schmidtbag
Chillin
IPlayNaked
AMD can't really sell to anyone, or else AMD becomes kind of moot.
It's a weird thing, the cross-licensing agreement with Intel gives AMD access to x86...But the AMD side gives Intel access to x86-64. If either company transfers ownership, goes out of business, sells the patents, the agreement ends. Intel loses access to x86-64. AMD loses access to x86.
Two things can happen, one, investors prop up AMD in hopes it eventually does well. Or, it can be allowed to be bought and have the agreement end, in which case Intel will renegotiate it while holding all the cards.
If that happens, AMD is worth almost nothing So, basically, AMD is worth almost nothing since they can't even transfer the thing that makes them special, their licensing agreements with Intel.
HonoredShadow
Thanks for that IPlayNaked. I did not know some of that. Interesting.
Denial
MonstroMart
lucidus
Not cool!
PhazeDelta1
IPlayNaked