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Anavrin » News » ATI

AMD posts profit

Posted by: rasp1 on: 02/18/2010 11:08 AM [ Print | 0 comment(s) ]

After 13 quarters, or a little over 3 years, AMD posts a profit, but don't celebrate, this profit comes from their rival, Intel. Their quarterly profit was 1.288 billion, and Intel's settlement with AMD was $1.224 billion. They would have still gotten to the black, but not so dramatically.

Dirk Meyer had this to say:

"We enter 2010 having completed the transition to a fabless business model, reached a historic antitrust settlement, and made significant progress strengthening our balance sheet. Our innovative strategy for designing the world's most vivid digital experiences continues to generate demand."


Tagged as: AMD, ATI, Intel

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