AMD CEO Says That There Are Enough Hard Drives
Intel just warned investors that the hard drive shortage caused by the Thailand flood has impacted processor sales and will lead the company to report a revenue shortfall of about $1 billion in the fourth calendar quarter.
AMD, however, claims that the hit may be insignificant for its business. CEO Rory Read told Marketwatch that he does not see "major pressure in terms of the quarter." Read indicated that hard drive supply in the channel at the beginning of the quarter was healthy, which is in line with Intel's statements, but the blue team said that PC vendors are not ordering as many CPUs as they would in a normal circumstance.
Read conceded that there could be a stronger impact in Q1 or Q2 2012, but he "wouldn't bet against the supply chain," which he described as "very resilient." Read is confident that AMD can take back market share against Intel.
AMD has not issued a Q4 revenue warning and it appears that it is not seeing reasons to do so in the near future. The company will discuss its Q4 results on January 24 and recently scheduled its 2012 analyst day for February 2, which should bring more details how the hard drive shortage may or may not affect AMD's business. Analysts from IHS recently said that the overall hard drive supply will recover in the second half of next year, while IDC is more pessimistic and said that the effects of shortage may be around until 2013.
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Doesn't hit AMD as hard since they have a small fraction of the overall business. Plus nobody is clamoring for FX cpu PCs so they don't have to worry about hard drives for them.Reply
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surfer1337dude To be honest I havent rlly seen anything from this "Hard drive shortage" other then stores jacking up prices the day anyone uttered the word shortage.Reply -
There isn't a hard drive shortage if you compare it to the amount of successful Bulldozer chips being produced trololololReply
Really hope they get back on track in the PC business, even as the company shifts focuses now. If I could, I don't want to go with an Intel build when I find out what's new over the course of the next few months.
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leon2006 There's more than enough HD relative to what AMD can produce and sell... Which is miniscule compare to what Intel can produce and sell.Reply -
I went to my local hardware dealer's website and checked hard drives. I looked at three pages of hard drives and most had 100+ in storage. Those that didn't, said that more will come if ordered. Prices are same as always.Reply
Are these "hard drive shortage" and "prices go up" some american things? -
CKKwan AMD is probably trying to tell Intel - "Just admit your market share had dropped and stop blaming the HDD"Reply -
A Bad Day "Hey Bob, our profit margins are too low."Reply
"Well, a flood in Thailand just took out most of the HDD's manufacturing facilities."
"Call up our competitors. Time for some, price adjustments..." -
JeTJL usedToLikeAMDDoesn't hit AMD as hard since they have a small fraction of the overall business. Plus nobody is clamoring for FX cpu PCs so they don't have to worry about hard drives for them.Reply
Went to one of my favorite computer stores recently. Couldn't Find the FX chips anywhere. Though there were quite a few Intel CPUs left.
otacon72After Bulldozer I don't really believe too much coming out of AMD.
What would AMD have to gain from lying that there isn't a Hard Drive Shortage?
Also at the same computer store is a shelf full of Hard Drives there. So this announcement to me is a bit more credible.