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AMD blames lower than expected PC demand for poor results

RavenXXX2

RavenXXX2

RavenXXX2

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AMD's Computing and Graphics segment, watched most closely by the average HEXUS reader, suffered particularly badly in the most recent quarter. Revenue generated by this part of the business decreased 29 per cent sequentially and 54 per cent compared to Q2 2014. AMD said it was hit particularly strongly by a downturn in demand for its laptop processors from OEMs.

Looking at Computing and Graphics trends; Q2 2015's operating loss due to this segment was $147 million, compared with an operating loss of $75 million in Q1 2015 and an operating loss of $6 million in Q2 2014. One bright point was that AMD managed to increase the average selling price (ASP) of its GPUs.
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Let's hope fury bring AMD back in the black.

http://hexus.net/business/news/components/84752-amd-blames-lower-expected-pc-demand-poor-results/
 
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