1 All prior periods have been reclassified to reflect discontinued operations.
2 In this press release, in addition to GAAP financial results, AMD has provided non-GAAP financial measures for net loss, operating loss and gross margin to reflect the exclusion of a gain on sale of 200mm equipment and certain charges as reflected in the tables. For net loss, the loss from discontinued operations was also excluded. Management believes this non-GAAP presentation makes it easier for investors to compare current and historical period operating results.
Current Outlook
AMD’s Current Outlook does not include the potential impact of any mergers, acquisitions, divestitures or other business combinations that may be completed after July 17. AMD’s outlook statements are based on current expectations of its continuing operations. The following statements are forward looking, and actual results could differ materially depending on market conditions and the factors set forth under “Cautionary Statement” below.
In the seasonally up third quarter, AMD expects revenue to increase in line with seasonality.
Additional Quarterly Highlights
| -- More than 30 platforms based on Quad-Core AMD Opteron(TM) |
| processors are now shipping from AMD's largest global customers |
| including Dell, HP, IBM, and Sun Microsystems. |
| -- The benefits of AMD's scalable server technology resulted in AMD |
| Opteron processors powering three of the top five, and seven of the |
| top 20 supercomputer systems in the most recent Top 500(R) |
| supercomputer list. |
| -- AMD introduced its next-generation graphics family and delivered |
| the world's first teraFLOPS graphics chip, which is capable of |
| combining cinema-quality effects rendered in real-time with |
| game-like interactivity to produce the "Cinema 2.0 Experience." |
| The ATI Radeon(TM) HD 4800 graphics products captured the |
| performance crown at their respective price segments. |
| -- AMD announced the availability of its next-generation notebook |
| platform, combining AMD mobile processors and ATI Radeon graphics |
| for improved 3D and HD performance. Acer, Asus, Fujitsu, |
| Fujitsu-Siemens Computers, HP, MSI, NEC, Toshiba, and others |
| introduced notebooks based on the platform, which has more than 100 |
| design wins to date. |
| -- AMD introduced AMD Business Class, an initiative dedicated to |
| developing AMD processor-based commercial desktop and notebook |
| solutions designed with business in mind. Acer, Dell, |
| Fujitsu-Siemens Computers, HP and Lenovo announced AMD Business |
| Class PCs. |
| -- AMD significantly expanded its processor offerings in the quarter, |
| including: |
| -- Ten mainstream, four energy-efficient and four high-performance |
| Quad-Core AMD Opteron processors |
| -- A high-performance unlocked AMD Phenom(TM) X4 processor, |
| three new AMD Phenom X3 triple-core processors, and a higher |
| performance 65W quad-core processor and 45W dual-core desktop |
| processors |
| -- Six mobile processors, including three AMD Turion(TM) X2 |
| Ultra Dual-Core processors |
| -- Three low-power, dual-core processors for the embedded market. |
