Caporegime
- Joined
- 18 Oct 2002
- Posts
- 33,188
Well you are wrong there, as everything AMD do from a financial point has to be accounted for and this information is freely available on the internetz.
http://finance.yahoo.com/news/amd-reports-2014-fourth-quarter-211500020.html
Quite a detailed report there of losses and gains.
Another here
http://ir.amd.com/phoenix.zhtml?c=74093&p=irol-newsArticle&ID=2008997
So you can see what is making and what is losing quite easily.
You do realise the second link quite clearly states the £235mil operating profit for the year? Only when you factor in the company writing down the value of to a tune of £300million(which simply aren't real losses... unless you want to sell the company, but can rise by the same amount in two years without actually bringing in £300million more in cash).
If you can read, those numbers very clearly state that AMD made a cash profit for the year. Up from 103million the year before... increased profits in a declining PC market, with few new products, that is exceptionally strong performance for what is mostly a waiting phase for 2016 products to bring the pc sales back up.
Don't let facts bother you though, focus on the perceived losses without any real value. AMD is paying off it's interest, increasing profits(2013 results are up MASSIVELY on 2012), reducing overheads, replacing the non performing engineers in the company, has recruited some of the industries best and most respected talent.
Increasing profits over the past 2 years, increased diversification, increased engineering talent(quality over quantity EVERY time), increased console domination(from the 360 and Wii to the Wii U, XO and PS4), and all while dumping a failing architecture and building towards a very strong 2016/2017.
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