AMD makes proffit inspite NYSE expectations;

[Aenslead]

http://www.theinquirer.net/?article=24599

 

[Furen]

It happens, that's why it's a prediction. At least they dont call it foretelling or something of the sort. Hell, I would have guessed the same since Spansion seems to be a bigger money hole this quarter (not to diss Spansion, it's what kept AMD alive during the lean years).

 

[phaxmohdem]

WTF is Spansion?

 

[Viditor]

Originally posted by: phaxmohdem
WTF is Spansion?

Spansion is the Memory Products Group of AMD. It is a joint venture with Fujitsu, and represents about 40% of AMD's income and expense.

 

[Aenslead]

Which has been making loss since the last three quarters.

 

[Viditor]

Originally posted by: Aenslead
Which has been making loss since the last three quarters.

Yes, and a nice profit the four quarters+ before that...
The thing of it is, AMD is planning on spinning Spansion off in an IPO...if AMD's share of Spansion drops below 50% (49.99% or less), they no longer show it on the books for earnings reporting.
The other thing is that Spanision has a new product that's just working it's way through the channels...it's called ORNAND (you should definately Google some info on it!) and it's a HUGE product!