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AMD Posts First Profit in Three Years

By - Source: Tom's Hardware US | B 87 comments

Get by with a little help from your friends, huh?

The year 2009 was a busy but good one for AMD. The company won a huge victory when the European Antitrust Commission found Intel guilty of anticompetitive practices and fined the company $1.45 billion. Though AMD didn't received a share of the fine, the case laid the foundations for a similar case in the United States. The FTC is still investigating Intel, but late last year, the company settled with AMD, resolving all legal disputes. The settlement saw Intel hand over $1.25 billion in damages and it was that money that helped AMD post its first profit in three years.

AMD yesterday posted a Q4 revenue of  $1.65 billion, an increase of 18 percent compared to the previous quarter and 42 percent compared to the fourth quarter of 2008. Net income attributable to AMD common stockholders was $1.178 billion, or $1.52 per share. AMD reported an operating income of $1.288 billion.

Check out the full release for all the nitty-gritty details.

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  • 32 Hide
    ikefu , January 22, 2010 4:18 PM
    Even if you're an Intel fanboy, this has to make you happy.

    We all know Intel was sitting fat and lazy until AMD started kicking their asses and woke up the sleeping giant. Competition is good for all and keeps prices down. Gratz AMD!

    Now if you only we could get some good competition for the government...
  • 24 Hide
    chess , January 22, 2010 4:04 PM
    money is money, GO AMD!
  • 22 Hide
    trinix , January 22, 2010 4:14 PM
    Who cares what intel makes. It's about 13 months of loss and they finally got out of loss by themselves. The profit is bigger thanks to intel's money, but at the same time they would have made more money if intel hadn't done what they did.
Other Comments
  • 24 Hide
    chess , January 22, 2010 4:04 PM
    money is money, GO AMD!
  • 22 Hide
    NapoleonDK , January 22, 2010 4:06 PM
    GOGOGO!!! Spend on R&D plz, KTHXBAI!!!

    Lol good for them, congratz AMD, keep it up!
  • 21 Hide
    Honis , January 22, 2010 4:06 PM
    Even without the intel bailout they would have posted (a much smaller) profit. A good sign for AMD!
  • 17 Hide
    d-block , January 22, 2010 4:09 PM
    I wonder what it will be like in 2010 with ATI performing so well, if it keeps this up.
  • 1 Hide
    invlem , January 22, 2010 4:12 PM
    So without the intel suit they would have broke even? Not bad they're moving in the right direction.
  • 11 Hide
    belardo , January 22, 2010 4:12 PM
    uh oh, intel is going DOWN now! AMD is on a roll...


    Doesn't intel make this much in a week?
  • 20 Hide
    Raidur , January 22, 2010 4:13 PM
    Yeah video is a big factor lately for AMD. I have seen countless amounts of nvidia users, who would have chose nvidia, go to ati for price and now dx11 and sheer performance. Nvidia is taking too long.

    Congratz AMD. :) 
  • 22 Hide
    trinix , January 22, 2010 4:14 PM
    Who cares what intel makes. It's about 13 months of loss and they finally got out of loss by themselves. The profit is bigger thanks to intel's money, but at the same time they would have made more money if intel hadn't done what they did.
  • 32 Hide
    ikefu , January 22, 2010 4:18 PM
    Even if you're an Intel fanboy, this has to make you happy.

    We all know Intel was sitting fat and lazy until AMD started kicking their asses and woke up the sleeping giant. Competition is good for all and keeps prices down. Gratz AMD!

    Now if you only we could get some good competition for the government...
  • 11 Hide
    huron , January 22, 2010 4:18 PM
    I'm excited about this. It's always good to have competition in the marketplace. It's nice to see them profitable once again - let's hope they can invest in even more R&D and catch up with some of the new things Intel has pushed out recently.
  • -3 Hide
    back_by_demand , January 22, 2010 4:26 PM
    Several factors at work here.
    If Intel had not encroached there marketplace
    If nVidia had released a good graphics card
    etc etc etc
    The only thing to look at now is future performance.
    AMD no longer has Intel running anti-competative and ATI has current graphics dominance. So if the next year's profits are also increased it will be the true sign of strength.
    Don't expect the competition to take it lying down though.
    Intel will simply hit the market place with CPUs that are more powerful and consumers will vote with their feet.
    Big ask but if nVidia can pull their finger out and release Fermi and get back to being the alpha dog then again, consumers will vote with their feet.
    AMD need to see this as an opportunity to boost themselves higher and higher. Pour every penny into R&D and get a CPU that beats Intel for once and steal nVidia's thunder with the HD6000.
  • 4 Hide
    victomofreality , January 22, 2010 4:30 PM
    I'm just hoping they invest the money properly and release something that can compete with Intel's core i7s now that they seem to have Nvidia firmly in hand. By the time they release their new gpu to market it may in fact be better then the 58/5900's but will it keep pace with the 6000's that are released 2 or 3 monthes later?
  • 5 Hide
    erdinger , January 22, 2010 4:32 PM
    I agree competition is great. Intel has made a lot of profit, now AMD also made some profit that means that both have money to spend on research.

    I would find it very intresting to see how much profit was made by which section (Ati, CPU's chipsets lawsuits ^^....)and how much money each section consumed.
  • 5 Hide
    Silmarunya , January 22, 2010 4:41 PM
    Okay, finally some good news from what seemed like a graveyard for the last few years!

    Things look cheerful too for the coming year:
    -ATI still has a few months market hegemony left.
    -Even when Fermi launches, it will probably be very expensive and scarcely available. In the budget segment, where the majority of sales are made, they'll probably retain a healthy lead, same for the mid-end segment.
    -AMD is finally out of the black hole called Global Foundries.
    -CPU's are looking grim atm, but for early 2011 new architectures are planned that could put them back on stage. AMD also remains a great choice in the budget segment.
  • 3 Hide
    tsnorquist , January 22, 2010 4:41 PM
    I really wish AMD would get it's core components out for netbooks. I can't wait to see the Dual Core/HD3200 compared to Atom/Ion.
  • 1 Hide
    darraghcoy , January 22, 2010 4:43 PM
    This is great news. The CPU market needs some tougher competition; otherwise Intel will become complacent yet again. If they can start making profits without lawsuits this year then this can only be a good thing for the consumer.
  • -4 Hide
    zak_mckraken , January 22, 2010 4:49 PM
    Good for them, but it also mean that they probably will make a loss next year. You can't really put "lawsuits revenue" in your budget right?

    Also, litte typo here : Though AMD didn't received
  • 2 Hide
    fball922 , January 22, 2010 4:52 PM
    SilmarunyaOkay, finally some good news from what seemed like a graveyard for the last few years!Things look cheerful too for the coming year:-ATI still has a few months market hegemony left.-Even when Fermi launches, it will probably be very expensive and scarcely available. In the budget segment, where the majority of sales are made, they'll probably retain a healthy lead, same for the mid-end segment.-AMD is finally out of the black hole called Global Foundries.-CPU's are looking grim atm, but for early 2011 new architectures are planned that could put them back on stage. AMD also remains a great choice in the budget segment.


    All great points. I especially agree with what you said about Global Foundries and the licensing changes that have occurred. I don't think people realize what a load off AMD this is as it will allow to spend more on research and development on architecture rather that fabrication. I have always loved AMD, but they need to pick it up in the performance segment a little more for me to become a fanboy :p 
  • -5 Hide
    fball922 , January 22, 2010 4:54 PM
    zak_mckrakenGood for them, but it also mean that they probably will make a loss next year. You can't really put "lawsuits revenue" in your budget right?Also, litte typo here : Though AMD didn't received


    Yes, but it is not the budget it does on it is the income statement as non-revenue income.
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