Total AMD revenues in the second quarter declined by 8% compared with the previous quarter, and by 35% compared to the same period last year to $ 942 million. In comparison with the sequential decline is due to weak demand for hybrid processors by the notebook manufacturers. In the annual comparison statistics for the client platform, including graphics solutions. However, in the retail segment financial results for the quarter proved to meet the expectations of the company. In fact, over the year revenue from sales of computing and graphics products decreased more than twice.
Operating losses for the quarter were $ 137 million., With at the direction of computing and graphics, they have grown to $ 147 million. Net loss for the whole company reached $ 181 million. AMD CEO Lisa Su in the introductory speech made it clear that such phenomenon does not force companies to abandon the development of new processors and graphics solutions. However, expenditure on research and development is still reduced - to $ 235 million. Compared to $ 277 million a year earlier.
Changing the structure of the implementation could not affect on the rate of profit - it fell by 32% in the first quarter to 25% in the second. AMD says it is not only the write-off $ 33 million. Because of the failure to produce standard 20-nm products, but also a higher proportion of the production division, which produces built and custom solutions - traditionally lower margins. In the next quarter, by the way, the company expects to keep margins at 29% and raise revenue by between 3% to 9%. This will contribute to higher demand for game consoles, modernization of the PC after the release of Windows 10 and the expansion of new AMD products on the market.
It is noteworthy that the average selling price of CPU and GPU AMD brand has grown both in sequence and in the annual comparison. In other words, the share of expensive graphics solutions in the range of proposals AMD grew, the same is true for the CPU. Sales volumes of hybrid processors for notebooks in the second quarter decreased because PC makers have tried to implement the stocks of finished products in anticipation of Windows 10. Some of them also chose to delay the release of products based on processors generation Carrizo before the debut of Windows 10. In this regard, AMD expects growth sales volumes of these mobile processors in the second half. Partners have already prepared at least 35 models of notebooks and candy bars based Carrizo.
In the desktop segment, according to Lisa Su, an increase in demand for hybrid processors and the older models in the FX - at any rate, revenues in this area increased compared with the first quarter. The Director General also noted that the graphical solutions series Radeon R9 3xx and Radeon R9 Fury X enjoyed good demand, they had a positive impact on the financial results of the second quarter, although it came on the market at the end of the period. Related Products :
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