AMD Making Money, Sells 6 Million ATI DX11 GPUs
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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Good. AMD is finally getting back on track.
Go AMD!!!!
would be interesting to see Nvidias fiscal report...
now we just need some games
Yay ATI! I stopped buying nvidia since the Geforce 9s. And I'm glad I sticked with ATi now. 5770 crossfire rocks.
Care ? I wont go ATi again! They had something good in the days when they were teamed up with Intel. I realy loved them
http://vr-zone.com/articles/nvidia [...] /7674.html
nVidia is eating those words right now
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...
Good to hear, although they still have a ways to catch up!
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.
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.
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.
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...
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.
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.
Good luck it'll be a long time before AMD gives Intel a run for their money.
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.
Woot!
Care ? 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.
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.
would 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.
maybe they can hire their own staff now and stop outsourcing their software development... >_
Good 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.
I am glad to contribute to these numbers! 5870 FTW!
Horray! Now we can expect some early release dates
Actually, make that 5570, 5750, and 5870.
I am sorry nvidia: too little, too late. And I have been an Nvidia fan for several years....
Yay ATI! I stopped buying nvidia since the Geforce 9s. And I'm glad I sticked with ATi now. 5770 crossfire rocks.
I stopped buying nvidia crap when they made their drivers disable the cuda/physx capability on their cards if an ATi product was detected in the system (even just an onboard gpu).
It's a bad news for GFX industry.
nVidia is away from competition and AMD is going to play badly on the GFX market soon as they did in the CPU market in 2005/2006.
Come on nVidia, wake up!
As a former Nvidia fanboy... I'm happy to have done my part to help out AMDs bottom line. I absolutely love my Radeon HD 5850.
Good, I hope this will help AMD improve their processors and be able to compete with Intel's high end soon.
As long as AMD/ATi don't just sit on this cash flow and pump it back in to the RnD departments for future lines, then this is good news. If however, they pay a few debts and ride the current success then I see a much longer period of decline than the recent/current period of success. My point is look at mthe last 10 years of AMD. They were way ahead on Intel for a time but failed to really take it any further and that left the door open for Intel to come back at them, and boy, did they ever. The Core2 range was astonishing and AMD is only just about clawing the scraps off Intel's plate even though their current processors are actually pretty good. So lets hope the ATi side of things continues to push forward.
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.
Biased nvidia fanboy is biased. Tom's links their statements so I am sure it will show up if it was news: http://www.tomshardware.com/news/n [...] ,9703.html
Did you forget all the new articles that where nothing more than pics of boxes of the new GF400s already or just care to block it out because the facts get in the way of your opinion?
Both companies are at an awesome point: AMD was smart to make sure their process had the integrity to move forward where Nvidia did not. Nvidia is making groundbreaking and perhaps industry changing technology advancements where AMD does did not want to invest the money because they do not feel it will help them sell their product. Me, I am holding out the storm with my 4850 until price competition is in full stride so I can reap the benefits and then it will be any company that offers the best performance per watt per dollar.
Actually, Nvidia's net income in 4th quarter of fiscal 2010 was $130 mil., which is roughly as much as the AMD.
And we must consider that AMD is also making CPUs.
6 million is not that much at all.