AMD 2nd quarter Net loss of $1.189 Billion

[Dalo Harkin]

The company has just announced its financial results for the second quarter of this year, in which the company reports a net loss of $1.189 billion, or $1.96 per share. As a point of comparison, AMD posted a net loss of $600 million US for the same period last year.

[Guest Wolfeymole]

Net losses my arse.

 

What all these companies actually mean is they have not met their projected profit forecasts.

It's not an actual loss but less profit.

[DSTM]

Big drop from $47 a share, back in January 2000.

No Company, can withstand these staggering losses, every 3 months,if it was an actual loss.

AMD may have lost $1.189 Billion,off the nett value of the Company,in the last 3 months,but that doesn't mean, they aren't still making huge profits.

Just not as much profit,as they have been accustomed to.

My take anyway.:)