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01.10.2005 - AMD Updates Fourth Quarter Outlook



View AMD related news. SUNNYVALE, CA -- January 10, 2005 --AMD (NYSE: AMD) today announced sales for the fourth quarter ended December 26, 2004 are expected to be up slightly from the $1.239 billion reported in the third quarter. Fourth quarter operating income is anticipated to be positive, but down significantly from third quarter operating income of $68.4 million. The Computation Products Group (CPG) continued its upward trajectory and fourth quarter sales are expected to increase compared to the prior quarter. CPG is expected to be profitable. In a competitive and challenging NOR Flash memory market, the Memory Group is anticipated to have lower fourth quarter sales and an operating loss.

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NID: 5160 / Submitted by: TACKtech Team
Categories: Patches and Updates, Press Release
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