AMD Announces Net Loss in the Third Quarter
Still a little bit in the red.
AMD has released its third quarter financial report, showing revenue for the third quarter of 2010 of $1.62 billion, a net loss of $118 million, or $0.17 per share, and operating income of $128 million. The company reported non-GAAP net income of $108 million, or $0.15 per share, and non-GAAP operating income of $144 million.
“AMD’s third quarter performance was highlighted by solid gross margin and a continued focus on profitability, despite weaker than expected consumer demand,” said Dirk Meyer, AMD president and CEO. “Our strategy to deliver platforms with superior visual experiences continues to resonate. We look forward to building on this momentum when we begin shipping our first AMD Fusion Accelerated Processor Units later this quarter.”
Check out AMD's press release for greater detail into the numbers.

Not surprised that AMD has losses becase ppl like you think AMD makes slower CPU`s ... take AMD at the same price and tell me what`s the difference.
its a very exciting and epic battle that is driving technology forward so fast
Both sides have shown great stuff in the past, cant wait to see whats in the future
Look up the past 2 3 years of AMD o=o
Not surprised that AMD has losses becase ppl like you think AMD makes slower CPU`s ... take AMD at the same price and tell me what`s the difference.
What makes AMD processors slower than Intel's is the manufacturing process, not the projects. Intel could have dropped their prices aggressively to take AMD out of business but then AMD would have been acquired by IBM = big trouble.
If the company's third quarter numbers are any indication of performance, though, AMD's getting some traction with its Opteron 6100s and is looking forward to a ramp on its Opteron 4100s
Given the aggressiveness of the Intel launches in March - the six-core Westmere-EP Xeon 5600s for two-socket machines and the eight-core Nehalem-EX Xeon 7500s for larger servers - and the enthusiasm with which server makers adopted and pushed boxes based on these chips, just holding steady is winning for AMD at this point.
And with the company losing server market share in the second quarter and probably slipping again in the third quarter when all the market data is fudged up, AMD is looking to grab that share back starting in the fourth quarter.
AMD's twelve-core Magny-Cours Opteron 6100s came out swinging in March for two-socket and four-socket boxes, with very aggressive price/performance compared to the Xeon 5600s and Xeon 7500s, but server makers took their sweet time getting systems out the door.
There are a lot of reasons for this, but mainly it came down to Intel not requiring a chipset or socket change with the Xeon 5600s, which just plugged into the same Xeon 5500 servers. It was easier to put a refreshed Xeon 5600 box into the field than it was to design a new Opteron 6100 machine with AMD's own chipsets, which were not socket compatible with the prior Opteron 2400 or 8400 processors.
In that time, IBM has grown tepid with Opteron-based machines, and only sells one box. Oracle has killed off Sun's Opteron-based servers and is now only selling Xeon-based machines in the Sun Fire line. Fujitsu, meanwhile, has stopped developing new Opteron machines.
Since server is the most profitable side of AMD's CPU business, flat or losing marketshare is not good for the bottom line..
If what you say is true, then AMD will be out of business VERY quickly. And in that case, it'll be because they DID NOT price their products "right".
You need to understand business and economics more before you make a statement like this.
You know, stock traders live and die by the quarterly reports. Companies, on the other hand, are in it for the long haul. A bad quarter or two is pretty much normal business in the current economic climate. There was another story here on TH about increasing demand for PCs (even Apples). This will probably translate into a better report for the next quarter.