Sony is holding a press conference on February 20th to announce the new PS/4. This is earlier than expected. This will be welcome news for us longs and bad news for the bashers.
I suspect that Microsoft will also be announcing the upcoming Xbox 720.
REMEMBER BOTH THESE DEVICES WILL USE BOTH THE AMD APU & CPU.
AMD IS ALSO IN THE WII U. THE GDC EXPECTS 34 MILLION GAMING CONSOLES TO BE SOLD IN 2013 AND 44 MILLION IN 2014.
THE WII U SOLD 900,000 UNITS IN 2012 AND NINTENDO EXPECTS TO SELL 5.5 MILLION UNITS BI APRIL 1ST.
THE WII U REVENUE WAS RESPONSIBLE FOR AMD POSTING BETTER THAN EXPECTED EARNINGS FOR THE 4TH QUARTER.
EXPECT THE BASHERS TO BURY THIS GOOD NEWS.
Sentiment: Strong Buy
Bashers are like terrorist. Using fear as a weapon. Without fear, the bashers are just another POS.
30 million PC's with AMD were sold in 2012. Over 37 million game consoles will be sold with AMD inside. You do the math. The Wii U, PS/4 and Xbox 720 will be huge for AMD.
Cash flow positive in Q3.