AMD: Q2 Results Will Be Down 11 Percent, Blaming China, EU, Consumer Weakness

Posted on Jul 10 2012 - 9:07am by CONTRIBUTOR

Editor’s Note: Guest Author Pradeep Yadav, a technology lover, analyzer and  love reporting about different technologies.

AMD has announced that its preliminary second quarter results will be down 11 percent from the first quarter. The company previously forecasted second quarter 2012 revenue to increase 3 percent, plus or minus 3 percent sequentially blaming sales in China and Europe as well as a weaker consumer buying environment impacting the company’s Original Equipment Manufacturer (OEM) business. The company will report second quarter 2012 results after market close on Thursday, July 19, 2012. AMD will hold a conference call for the financial community at 2:00 p.m. PT (5:00 p.m. ET) that day to discuss second quarter financial results

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