AMD Posts Losses Amidst Low PC Sales

Some bad news for AMD fans.

Posted By | On 18th, Apr. 2015

amd free-sync

Though many exalt the prowess of a formidable gaming PC, the fact of the matter is that not many can afford one when compared to the relatively affordable and admittedly powerful eighth generation consoles.

AMD are a major representative of the common man in the PC gaming space, not being as expensive as the high end Nvidia technology, but still offering powerful hardware. Despite their attractive pricing and sturdy hardware, AMD are facing hard times as they continue to lose money as the demand for PC’s and AMD Graphics cards stays low and they’re also facing stiff competition from their opposition Intel.

AMD have posted a loss of 9 cents per share, which is worrying because analysts predicted a drop of around 5 cents, meaning they really missed their mark. AMD’s loss was $180 million in the quarter which ended on March 28th. Revenues were 26.2 percent down to $1.03 billion which is lower than the $1.05 billion expected by analysts.

[Source]


Tagged With: , , ,

Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Slime Rancher 2 Launches for PS5 on June 11

Slime Rancher 2 Launches for PS5 on June 11

Monomi Park's first-person life sim game originally launched in early access for Xbox Series X/S and PC in 202...

BlizzCon 2024 is Cancelled, Will Return in Later Years

BlizzCon 2024 is Cancelled, Will Return in Later Years

Blizzard will reveal more details for World of Warcraft: The War Within and Diablo 4: Vessel of Hatred "over t...

People Can Fly Has Cancelled Project Dagger

People Can Fly Has Cancelled Project Dagger

The developer cites "unsatisfactory results of the evaluation of the scope and commercial potential of the pro...

Destiny 2: The Final Shape Teases the Husk and Geist of the Dread

Destiny 2: The Final Shape Teases the Husk and Geist of the Dread

Husks are melee fights that will get in and attack up close. While easily disposed of, they release Geists, wh...

Fallout 4’s Next-Gen Update is Now Available

Fallout 4’s Next-Gen Update is Now Available

An update has also released for other platforms, while the game has also become Steam Deck Verified and launch...

Stellar Blade New Game Plus Detailed – New Outfits, Beta Skills, Enhancements and More

Stellar Blade New Game Plus Detailed – New Outfits, Beta Skills, Enhancements and More

New Game Plus offers new cosmetics for Eve, Adam, Lily and the drone, alongside new Skills and options for enh...