AMD's first quarter revenues up 71%

Sledgehammer70Sledgehammer70 California Icrontian
edited April 2006 in Nerdery
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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