AMD is starting the new year with new (and interim leadership). Last week it announced revenue for the fourth quarter of 2010 of $1.65 billion, net income of $375 million, or $0.50 per share, and operating income of $413 million. For the year ended December 25, 2010, AMD reported revenue of $6.49 billion, net income of $471 million, or $0.64 per share, and operating income of $848 million.
"AMD enters 2011 with significant momentum, amplified by the successful launch of our first Fusion APUs," said Thomas Seifert, CFO and Interim CEO. "I am confident we can drive profitable growth based on the strength of new products we will bring to market. Our customers recognize that Fusion APUs are at the core of delivering the world's most vivid digital experiences."
Arguably the most impressive product out of AMD right now is its Fusion APUs. We've all been accustomed to subpar performance out of netbooks, but AMD is changing that with its Brazos platform. OEMs like what they're seeing and have been integrating the technology into their products – and more than just notebooks.
"Industry momentum for Fusion is strong and growing. OEM adoption of Brazos is excellent. We shipped more than 1 million Brazos platforms in its debut quarter to world class OEMs including Acer, Asus, Dell, HP, Lenovo, MSI, Samsung, Sony and Toshiba," said Seifert during the company's fourth quarter-related conference call, according to X-bit labs. "Customers are discovering that Brazos is ideal for more than notebook platforms, earning design wins in everything from tablets to Internet ready set-top-boxes, thin clients and point-of-sale kiosks."