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Cliffs Natural Resources Inc. Message Board

philchen6180 1 post  |  Last Activity: Jul 14, 2014 4:03 PM Member since: Feb 5, 2012
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  • philchen6180 by philchen6180 Jul 14, 2014 4:03 PM Flag

    -r9 295x2 was out this april which give it a month and a little more to sell to consumers. Why is this a big deal? because each card cost 1500 and i know people are buying it. Why? because they are minning bit coin having the fastest GPU would only let them mine more. That is why our GPU was up 118% last quarter
    -Xbox one and PS4 is now about to pick up because the E3 game list make many gamer wanting one. I myself just got one from target because i got 20 percent off from their cartwheel 15 percent off all electronics.
    -Major company are buying into AMD server and sampling their first ARM APU. We have companies like facebook, google, verizon, att and etc.
    -PC decline was suppose to be 7.1 percent worldwide this quarter but ends up only decline 1.7 percent. 7.1-1.7=5.4 percent more PC being sold worldwide. Why is this important? well think about it 5.4 percent out of 200 million PC sold each quarter you have a increase of 200million x .054=10.8 million PC increase. Yeah, intel own most of the market share. Even if they own 85 percent of the market AMD still got 15 percent which is around 1.6 million sales increase. 1.6 million x $70= 112 million rev increase
    -GPU sales have been up and will still be up because of Bitcoin. Many people are accepting bitcoin because their fees is allot lower then most credit card company. Bitcoin will fail in 3 years but for now im seeing major up raise in bitcoin because people can make money why their computer do most of the work. But once all bitcoin is mined then it would go down. For now AMD is a in a strong position to take advantage of this.
    -Last is last quarter we did 1.4 billion this quarter we are going to do 1.44. I see us beating it and may surpass it by a little and Q3 is what AMD is going to fly on

    Sentiment: Strong Buy

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