Can anyone explain where this will be coming from? The basher lies and says gaming margins will be low. IMPOSSIBLE. AMD margins will have to be good in order to make this kind of turn around.
So far, by far, the gaming consoles is the only logical exclamation as to the new revenue source.
Did you know that in 2012 AMD received most of their revenue from being in 30 million PC units?
Did you know that IDC expects 44 MILLION game consoles to be sold in 2014. That is 14 million more game consoles than PC units.
OVER 10 MILLION per quarter starting with Q 4. AMD will be shipping the needed APUs in Q 3 giving AMD a huge $660 million in new revenue OR MORE.
Did you know that Sony already has ordered 16 million APUs from AMD to fill the pipe line?
Better to buy now and watch the share price climb rather than chasing it up as new buyers come on in and 85 million shares short try to cover.
If the shorts do not cover and cause a major rally by then, this will make them burst into flames.
Got a match bashers? I do
Sentiment: Strong Buy