AMD's first quarter revenues up 71%

Sledgehammer70Sledgehammer70 California Icrontian
edited April 2006 in Science & Tech
AMD today reported yet another successful quarter. With Spansion off its shoulders and boosted by an increase in Opteron processor sales, the company saw its sales climb to $1.33 billion and net income jump to $185 million.
According to chief financial officer Robert Rivet, the sales increase was driven by "strong customer demand for AMD64 single and multi-core processors." The Opteron processor reached new record sales and helped to increase the average selling price (ASP) of AMD's products. Gross margin improved from 57.2 to 58.5%, largely due to a changing product mix, higher desktop and mobile ASPs and increased manufacturing efficiencies, AMD said.
Source: Toms Hardware

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