AMD reports Q2 earnings: continues to see revenues drop, $37 million net income

Well, things are looking slightly better for AMD this quarter. While revenues continued to decline the company actually posted a profit of $37 million, a stark contrast to $590 million net loss from last quarter. Still, with revenues down 11 percent sequentially and 10 percent year-over-year to just $1.41 billion the company isn't meeting expectations. Earnings per share were aticipated to hit $0.07, but the Sunnyvale crew only managed an EPS of $0.05. The company blames the softening PC market for its continued struggles, especially in the desktop space where it has traditionally enjoyed more success.

Engadget , AMD reports Q2 earnings: continues to see revenues drop, $37 million net income, AMD reports Q2 earnings: continues to see revenues drop, $37 million net income