Morningstar has "outed" Devinder Kumar's little white lie. Kumar claimed the the switch "will help AMD reach investors and shareholders more efficiently and effectively as we continue transforming the company for long-term growth." Morninstar analyst Peter Wahlstrom told MarketWatch, however, that "the change doesn’t move the needle much in one way or another [for investors]. In today’s trading environment, there are no real issues trading on one platform or another, so the [move] is probably about cost.”
In other words, AMD fled the NYSE because the listing fees are higher. AMD is in such dire financial decline that the paltry difference in listing fees between the two exchanges is material to the company. What a joke. And why does the CFO feel the need to blow smoke up shareholder's butts? Why not come clean and truthfully, accurately and completely inform investors as to what terrible condition AMD is in.
Because AMD is almost giving away APUs since no one wants to pay even cost for the POSes, vendors like HP have sufficient extra margin to throw in a medium sized bag of Nacho Cheese Doritos with each purchase in the region of a sub-$200 HP lapto featuring one of the loss leader AMD chips.
The majority of high-end gamers use desktop machines. According to Forbes, PC gaming makes up ~40% of the worldwide gaming market. This is much higher than consoles, phones, tablets, or any other individual gaming segment. NVIDIA's GeForce GTX GPU delivers performance that’s far superior to the latest generation consoles. The GeForce gaming PC will become the biggest target for the latest generation game developers.
As the above chart shows, NVIDIA gets most of its revenues from China and Asia Pacific. Combined with the bright gaming industry prospects in Asia, this means plenty of growth opportunities for NVIDIA.
AMD is doomed.
Well, TV is dying so it'd be just like AMD to enter a market that is on its last legs. They are that stupid, after all.
But TVs are commodities. 90% of the cost of a TV is the screen. That leaves just 10% of the cost to cover everything else from power supply to logic. AMD's margins on game console chips are just 15% according to the CFO. Margins on TV chips would be even lower. Maybe 2-3%.
So if you think making less than $5 on a chip sold for $10 is the best use of AMD's chip design team's skillset, you're almost as stupid as Lisa Su.
Lisa Su: "We're no longer going to stand in Intel's shadow."
Translation out of #$%$ into English: "We're probably going to lose our x86 license and no longer be permitted to make x86 chips."
Well given that semi-custom business has the wort margins of all for AMD ("low double digits") around 15%, this was clearly stupid business to chase unless, of course, you have no other, better business to chase.
The two semi-custom wins are worth 10% of what improving AMD's server CPU market share by 1.5% would be worth. If it wasn't for bad business, AMD would have no business at all.
If AMD didn't count its chickens before they hatched, it would have no chickens to count. ruckpral the sodomy pervert buggered all of AMD's chickens to death.
That would be similar to AMD giving Apple GPUs below cost just to reduce unwanted inventory, right?
In the wake of Intel's blow out earnings, revenues and positive guidance, followed by a sell off in the shares, DB opined that AMD wouldn't do as well as INTC, scarcely meeting already weak Q3 guidance when it reports. This speculation has triggered a massive sell-off of AMD shares that threatens to take the shares below the $2.50 low target.
If AMD drops below $2.50, the next support is in the $1s.
You said it. What a nutjob! Imagine stealing Intel proprietary designs for AMD then getting your pecker cut off so you'd look better in a dress. Crazy!
Says a lot about AMD though, don't you think?
"Even Intel was forced to sell their CPU's for Tablets below cost..."
False. Even with the subsidies Intel makes more on each tablet CPU than AMD makes on each console chip; $15 in income. Intel's cost per chip is extremely small, unlike AMD's cost per chip.
Also known as a "voluntary liquidation".
AMD, you LOSE!
Game over. Good riddance!
Bankruptcy coming, fantards. Bend over and wait for it!
HA HA HA HA HA HA!
Liquidation of sluggish business lines to be announced on earnings call?
Go to Apple Store. All iMacs are either Intel or nVidia graphics. Check it for yourself.
Same for Apple's bread and butter, the MacBook laptops; all Intel or nVidia graphics.
The only time Apple uses AMD graphics is when it wants cheap. Which is the only reason anyone else uses AMD graphics. It had to do so in the Mac Pro because the systems are very costly to make and the margins thin. Apple is using AMD to preserve some margin on these systems. The iMac line, if it does go back to AMD GPUs, is a slow selling, declining line so again it is under extreme margin pressure.
Just like in the console market, AMD is willing to give chips away near cost (i.e., $10 to $15 in income per chip) to avoid inventory write downs. No customer actually wants an AMD GPU. They will tolerate them, though, if the price is very low.