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AMD Making Money, Sells 6 Million ATI DX11 GPUs

By - Source: Tom's Hardware US | B 57 comments

AMD reports a net income of $257 million, marking its second quarter in a row of profit.

Earlier this week we heard from Intel that it just had the best first quarter ever. It seems that the computer industry is at full speed again, as AMD is now reporting positive financials too (good, but not record breaking).

AMD announced revenue for the first quarter of 2010 of $1.57 billion, net income of $257 million, or $0.35 per share, and operating income of $182 million. The company reported non-GAAP net income of $63 million, or $0.09 per share, and non-GAAP operating income of $130 million. More details here.

"Strong product offerings and solid operating performance resulted in record first quarter revenue," said Dirk Meyer, AMD President and CEO. "We continue to strengthen our product offerings. We launched our latest generation of server platforms, expanded our family of DirectX 11-compatible graphics offerings, and commenced shipments of our next-generation notebook platforms to customers."

Helping the bottom line along is the reveal that AMD has so far sold six million DirectX 11-class GPUs, no doubt helped its six-month lead over Nvidia's Fermi.

"In graphics, we shipped a total of over six million DirectX 11 enabled units to date, and expanded the family into the mainstream and value segments," said Meyer.

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  • 34 Hide
    yannifb , April 16, 2010 10:57 PM
    Good. AMD is finally getting back on track.
  • 31 Hide
    blackbyron , April 16, 2010 10:59 PM
    Go AMD!!!!
  • 29 Hide
    welshmousepk , April 16, 2010 11:02 PM
    would be interesting to see Nvidias fiscal report...
Other Comments
  • 34 Hide
    yannifb , April 16, 2010 10:57 PM
    Good. AMD is finally getting back on track.
  • 31 Hide
    blackbyron , April 16, 2010 10:59 PM
    Go AMD!!!!
  • 25 Hide
    mmast0 , April 16, 2010 11:01 PM
    now we just need some games
  • 29 Hide
    welshmousepk , April 16, 2010 11:02 PM
    would be interesting to see Nvidias fiscal report...
  • 16 Hide
    CoderDunn , April 16, 2010 11:03 PM
    http://vr-zone.com/articles/nvidia-directx-11-is-not-important/7674.html

    nVidia is eating those words right now
  • 24 Hide
    Zinosys , April 16, 2010 11:04 PM
    Yay ATI! I stopped buying nvidia since the Geforce 9s. And I'm glad I sticked with ATi now. 5770 crossfire rocks.
  • 16 Hide
    omnimodis78 , April 16, 2010 11:05 PM
    Great, I'd rather see AMD make cash than Intel. But the real DX11 showdown is yet to truly kick off. Can't wait to see how nVidia will position (price) its Fermi line following the release of their first batch. If microeconomics rule then things look really bright for us...
  • 11 Hide
    sicpric , April 16, 2010 11:06 PM
    Good to hear, although they still have a ways to catch up!
  • 24 Hide
    gekko668 , April 16, 2010 11:11 PM
    I'm glad their ATI division is making money. Now they need to get their phenom up to par and make Intel run for their money.
  • 14 Hide
    dragonsqrrl , April 16, 2010 11:33 PM
    It's good to see AMD finally making a profit again. Put that into R&D and compete against Intel in the next gen high end space.
  • 15 Hide
    soundefx , April 16, 2010 11:34 PM
    AMD is finally giving Nvidia a good run so hopefully, we the consumers could see better products for better prices.

    I don't think that AMD will have the resources to put into R&D to actually beat the best Intel CPUs, but I believe if they continue to offer CPUs like the 965, they can take away sales from Intel as most of us can't afford the $300 CPUs.
  • -4 Hide
    dragonsqrrl , April 16, 2010 11:38 PM
    omnimodis78Great, I'd rather see AMD make cash than Intel. But the real DX11 showdown is yet to truly kick off. Can't wait to see how nVidia will position (price) its Fermi line following the release of their first batch. If microeconomics rule then things look really bright for us...

    The first batch has already been released. Both the GTX 480 and 470 seem to be hitting their target prices without a problem, $500 and $350 respectively. The real problem is availability, sold out on New Egg before I saw one available...yikes.
  • 0 Hide
    mister g , April 17, 2010 12:04 AM
    Maybe AMD can use some of those profits to get some partnerships with game developers like Nvidia does, that way if the competition between the two companies goes back to normal (a big if) at least it'll be fair from the game and tech side.
  • 1 Hide
    Marco925 , April 17, 2010 12:23 AM
    Woot!

    DiabolixCare ? I wont go ATi again! They had something good in the days when they were teamed up with Intel. I realy loved them

    You talking about crossfire with Intel chipsets?

    That still exists, it's better Now if you ask me. There was never an official partnership.

  • 4 Hide
    FriendlyFire , April 17, 2010 12:48 AM
    Glad to hear this, their new DX11 GPUs are indeed fantastic. I still love my 5850 :) 

    Now AMD, step up the drivers please! I have to say it's the only thing I miss from Nvidia, theirs were better designed and had more features. Otherwise, the card's a dream.
  • 3 Hide
    spoofedpacket , April 17, 2010 12:51 AM
    welshmousepkwould be interesting to see Nvidias fiscal report...


    That won't show up on this site unless Nvidia is taking a significant loss. Either that or they just want to post an article with 4 pages of nothing but butthurt.
  • 4 Hide
    jsm6746 , April 17, 2010 12:55 AM
    maybe they can hire their own staff now and stop outsourcing their software development... >_
  • 10 Hide
    killerclick , April 17, 2010 1:30 AM
    knowomGood luck it'll be a long time before AMD gives Intel a run for their money.


    From a price/performance standpoint, AMD is better than Intel at the sub $160 market. Tom's Hardware says so in their best CPU for the money articles. The main problem AMD has is with the OEMs... even when AMD had the performance edge over Intel (Athlon 64), they still had a low market share because Intel incentivized the OEMs and retailers to push Intel products. Don't forget that the majority of computer users and buyers are uninformed and think the CPU is the big metal box with the power button.
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