Why are you back? According to you this is dead money until Q1, and not worth discussing.
Aww fack I misread. Yes consoles will provide only 20%....but it may go up slightly depending on yields. (FACEPALM)
I respect you, but the 20% revenue in all of 2014 statement is intentionally misleading. Management never said that, they said at least 20% with a goal of having 50% of their revenue be non-PC. If you listened to the CC, you know there will be more announcements and that this ratio is going to improve.
You're such an #$%$ They said they shipped more this quarter than expected due to a better than expect ramp up in production. They also said that "millions" of console chips were shipped.... so dlckhead, that plus Q4 production will more than saturate the xmas demand and since Q1 and Q2 are historically weaker it will taper a bit.
This stock is 90% emotion, and 10% fundamentals. As long as there is excitement about the future, we will be gapping up... and I guarantee there will be over the next 2.5 months. :)
I think it's about managing expectations. If they said we have the best CPU's in the works and everyone is lining up to buy them, and that doesn't happen, then they look like fools.
I think what they said was:
1.) We have more data center wins we can't talk about.
2.) We have a lot more custom SoC work in development that we cannot talk about.
3.) ARM server chips are on schedule and will be out Q1. SeaMicro integration will follow shortly.
4.) 20nm nodes are coming in smoothly and will be cheaper than 28nm (which was a concern). FinFet will follow right after.
5.) Console Chips will ramp up in Q4 hence the profitability.... and hopefully they can ink these other deal and count on the revenue, before January so Q1 guidance is strong.
6.) More than EA/DICE are on board with Mantle so it could boost AMD notebook/tablet sales even if CPU is a bit lower, so long as the latest games run well.
7.) They expect increased GPU revenue, excluding consoles in Q4, and greater market share.
The latest Mantle revelations both on CC and on the AMD community blog (google it) suggest that there are more developers involved other than DICE/EA. Even with Dice you have a massive amount of games supporting it, but now there will be other studios.
What does this mean? It means substantially better performance for AMD APU's and that could mean a huge boost to AMD tablets and hybrids, if the company leverages the free Sony/Microsoft marketing properly.
Why would I buy an intel ultrabook that is 20% on CineBench, if the latest games run %60 faster on my cheaper AMD machine?
They are ramping to 20nm and then FinFet and that is what should close the gap on the CPU side... assuming excavator and steamroller are up to par... and from what I gather they are.
I disagree. There ARE other data center wins they cannot disclose. There ARE other SoC projects in the works that they cannot disclose. You're an idiot.
I hate this boards, instead of rejecting your message they post, then delete. Anyway, as I said I sold half of my shares 10 minutes before the bell, and look forward to buying more of them next week. :)
I expected them to beat, but I didn't think it would be enough to push it up.
Good job on the goldeneye reference there champ.
Possibly artificially being dumped by large funds to affect the Friday options. There are very many $4.00 call options sold.
Possibly because now that there is a P/E ratio, the market thinks it's too high. They had conservative estimates and secretly wished for more.
Possibly to trigger a wave of limit orders in the morning from retail investors.
Possibly because of the lunar alignment.
Four perfectly valid reasons right there....
No you're not.
You said it would drop, and it did, but only AH so hold the applause until morning. One out of every two monkeys could have predicted it.
You also said they would miss earnings and they beat nicely.
I think they're understating their expectations for steamroller/excavator and potentially the ARM chips simply because Intel has a strong process fabrication lead. I'm betting that they're waiting to see if GF (or possibly tsmc) can bring up yields of their 20nm process or maybe even 14nm. I know gf has a new super advanced factory in NY state.
There is a chance they take Intel by surprise in the x86 space, within the next 18 months. As far as tsmc goes, nvidia was #$%$ that they weren't working well with them, and that anything below 28nm isn't worth it, as it doesn't generate a cost decrease like previous shrinks did.
A lot could depend on GF, and yet no one is talking about it.
Relax there buddy, I wasn't talking about you. I own thousands, not hundreds... and I've owned them since $2.76.
It would be wonderful if you could all either post something useful, or shut up. Every other post seems to be "the shorts will burn" tomorrow. I'm long but nervous about Q3, and I doubt I'm alone. :)