AMD Reports 2016 Second Quarter Results
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xIcarus
Hey this is good, they're keeping their heads up. Between Polaris' lineup getting completed and Zen + Vega being released later I've high hopes for AMD this year and the next.
AlmondMan
That's a good turn-around.
SirDremor
Errrm, where did you see "good" here?
Losses everywhere, with a 1 or 2 slightly improved indicators. And actually NO strategy for improvement until 2017 (VEGA and ZEN will not see the light of the day in 2016 for masses).
The only "good" here is that they are not floating belly-up already (which means it is only "good" by the virtue of not being THAT bad).
I am known for my dislike of AMD, but sorry - this time I am as objective as possible.
P.S. I wonder why they didn't say a word about PS4 refresh.
cryohellinc
They made their profit on 480 hype, now that 1060 gets on the market, I doubt there will be any growth in profit for them.
Fox2232
https://www.techpowerup.com/reviews/ASUS/RX_480_STRIX_OC/25.html
If you had ability to remember what you did yesterday and reflect upon that, you would not made such statement.
Or maybe it is uninformed statement without even attempt to understand AMD's long term situation?
- - - -
Secondly, thinking about RX-480 effect. How long it is on market? For what percentage of Q2?
I'd leave this here:
SirDremor
Ryu5uzaku
I can see them being profitable for the first time in years next quarter. Q2-2016 wins Q2-2015 so hard.
They haven't seen much profits from the RX 480 yet. And while this card is not going to save anything it is selling good and provides a platform from where to get higher.
siriq
mcfart
Loophole35
pharma
http://www.anandtech.com/show/10509/amd-releases-q2-fy-2016-financial-results
waltc3
Clouseau
Agree with you that AMD is not in as serious a predicament as the naysayers project. The worrying factor is that the cash increase was mainly attributable to the cash injection from the start up of the joint venture. Debt was flat; interest payments only. Feelings remain...cash flow issues. The rest is just deferral and recognition games. Cash flow is more important because of the previous sentence. Until AMD gets a qualified opinion, and what that qualification is, on their annual audit (10K), business as usual. They still have a difficult road to travel before seeing black.
mR Yellow
Han2K
They avoid at all costs reporting GAAP earnings. What a blatant accounting makeup.
HeavyHemi
HeavyHemi