AMD announces the official report for Q2 2003
AMD announced its official report for Q2 2003 that ended for the company on June 29. According to it, sales volumes for this period of time made $645 million, with dead loss making $140 million or $0.40/stock.
These numbers is 7% higher than Q2 2002 and 10% lower than Q1 2003. Still I might say AMD is happy with it, as despite the SARS threat and related sales reductions in some countries, the company succeeded in lowering dead loss by 24% and increasing the gross profit.
The total quarter revenues include $402 million for CPU sales 7% higher than a year ago and 14% lower than $468 million earned last quarter. Along with growing CPU deliveries to major system builders, we see reducing retail sales mainly in Europe and Asia. Memory sales brought $211 million that doesn’t differ much from $218 million of the previous quarter.
For Q3 AMD forecasts general flash memory and CPU sales growth, including AMD Opteron and starting quantities of AMD Athlon 64.
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