AMD Q4 2011 quarterly earnings

[SirPauly]

I don't think so -- just revenue numbers, from my understanding, but the key, meaning the way nVidia defines their GPU business revenue, also includes the Intel revenue, too.

 

[boxleitnerb]

Nvidia makes around 130-170m per quarter (the last 4 quarters anyway):
http://www.hardwareluxx.de/index.ph...idia-gibt-aktuelle-quartalszahlen-heraus.html

AMDs graphics division came in at 20-60m. Why is that? Only due to Tegra and the professional market (Tesla, Quadro)?

Computing/Graphics

Q4/2010: $91/$68 Mio
Q3/2011: $149/$12 Mio
Q4/2011: $165/$27 Mio

operative income (is that an English term? I don't know if it corresponds to GAAP or non-GAAP, whatever that is).

 

[SirPauly]

It's tough to use an apples-to-apples on divisions based on AMD uses their graphic division for console revenue and nVidia uses their console revenue in Consumer Products Business instead of the GPU Business; to name an example.

 

[Lonyo]

It's tough to use an apples-to-apples on divisions based on AMD uses their graphic division for console revenue and nVidia uses their console revenue in Consumer Products Business instead of the GPU Business; to name an example.

Plus NV folded their (declining) chipset business into consumer graphics a couple of years ago, which means historical comparisons are also difficult. By now they probably don't make much difference but they also mean that NV revenue increases for GPUs are increasing (possibly) by more than the revenue figure increases, because chipsets sales are going down.

Much like it's almost impossible to work out how profits come about, because there's no way to determine how NV and AMD expense R&D costs between consumer and non-consumer GPUs or APUs.

 

[Nemesis 1]

In the quarter I think they lost money, but overall in 2011 they made a profit. I think that's what it says but I'm not an expert.

If you already knew that...oops

Thats what it says Man those llano are selling like hotcakes . Better results than I figured

 

[Nemesis 1]

it not a bad result actually. AMD increased revenue while intel and nvidia decreased.

* Cash & AR is up 68M - good
* Payables are down 78M - good
* Long term debt down 44M - good
* inventory down 74M

NET = 116M

edit...they lost ~180M, but invested ~210M for GLOFO ( not really needed)

We have the intel thread me thinks you best go take another look see

 

[gramboh]

The 7970 is irrelevant to Q4 and 2011 for AMD, as it ended on December 31, 2011. Unless you want to factor in R&D costs on the project.

Meh results, at least they paid down some debt and were cash flow positive on operations and overall. Happy to at least see things improving financially for them.

 

[exar333]

AMD will charge what people will pay. nVidia already has shown enthusiast will pay up to $600 for a card. AMD would have to be stupid to compete with themselves. Prices will equalize once they actually have some competition.

But, thats not why they are expecting a slower Q1. Enthusiast cards are a VERY tiny spec on the board when it comes to total revenue.

The new cards won't really start to effect their revenue until the mid and lower end cards come out. But even then, the retail cards are a small percentage of their total revenue. Now if they can land some big OEM deals with their new cards, that will help more. It also looks like AMD will be providing the graphics chip for the XBox 720 (in the form of an HD6650). This could result in quite a bit of revenue, but that wont start to really have any effect until Q3/Q4 time frame.

The 7970 and the 580 are BOTH over-priced. Better?

 

[Lonyo]

The 7970 is irrelevant to Q4 and 2011 for AMD, as it ended on December 31, 2011. Unless you want to factor in R&D costs on the project.

Meh results, at least they paid down some debt and were cash flow positive on operations and overall. Happy to at least see things improving financially for them.

Depends, they were shipping to board partners, so the entire initial shipment could potentially be included in Q4 revenue, and I think it probably should, depending on the terms of the transaction.
Might not be a huge amount, but who knows.

 

[Nemesis 1]

Ya I just reread the report. It is stinking . If you read what AMD is saying and than compare 2010 Vs 2011. What AMD is saying and what the numbers are showing are 2 differant things all together. Fact is It does not mesh

 

[Lonyo]

Ya I just reread the report. It is stinking . If you read what AMD is saying and than compare 2010 Vs 2011. What AMD is saying and what the numbers are showing are 2 differant things all together. Fact is It does not mesh

AMD turned a profit 2 years in a row, and except for exceptional charges, they were about even with the previous year.
They have a solid foundation and are making money, so it's a positive outlook with a solid base in terms of finances.

 

[Nemesis 1]

AMD turned a profit 2 years in a row, and except for exceptional charges, they were about even with the previous year.
They have a solid foundation and are making money, so it's a positive outlook with a solid base in terms of finances.

I was not referring to The numbers But what AMD SAID about ll;ano and servers . If you look at the 2010 numbers Something not right. Were can I find out what AMD gave GF in the way of die cost or wafer cost

 

[notty22]

Ryan Smith on this site did a write up :
AMD Q4’11 & FY 2011 Earnings Report: 1.69B Revenue For Q4, 6.57B Revenue For 2011

GPUs
On the GPU side however things were less rosy. As we’ve noted before APU sales eat into GPU sales, not only because APUs displace the need for low-end GPUs in some cases, but because APU revenue is booked alongside CPU revenue instead of GPU revenue.

For Q4 2011 AMD’s graphics division had 382M in revenue and $27M in operating income, versus $424M revenue and $68M operating income the year before. On a yearly basis AMD booked $1.56B in revenue and $51M in operating income, compared to $1.66B and $149M respectively for 2010.
For AMD’s graphics division there were a few different driving factors for the quarter and for the year. From a product standpoint AMD launched the Radeon HD 6000 series early into the quarter last year, while the first true 7000 series part (Tahiti) did not launch until 2012 and only started shipping for revenue very late into 2011. Still, it was enough to have a significant impact on AMD’s GPU ASP, increasing it over 2010’s ASP even with the limited number of new products.
Meanwhile the biggest loser here was the desktop GPU segment, thanks both to a general decrease in desktop sales and the hard drive shortage. Compared to CPU sales desktop GPU sales in particular are being significantly impacted by the hard drive shortage as fewer desktop PCs are being sold and manufacturers cut back on or remove the discrete GPU entirely to offset higher hard drive prices. As a result AMD’s graphics revenue is down 10% year-over-year, with both dGPU sales to partners and direct board sales (FirePro) sliding versus 2010.

 

[blackened23]

Ryan Smith on this site did a write up :
AMD Q4’11 & FY 2011 Earnings Report: 1.69B Revenue For Q4, 6.57B Revenue For 2011

Its affecting nvidia as well. Intel has something like a 60% market share in graphics, IGP/fusion GPUs are cannibalizing discrete GPUs.

AMD has a 22% market share, nvidia 17% , intel has the rest.

source:

http://www.zdnet.com/blog/hardware/nvidia-suffers-massive-gpu-market-share-slide/12631

I saw an updated GPU marketshare chart with AMD at 22%, nvidia 17%, intel with everything else.

 

[blackened23]

Intel iGPUs are pretty worrisome

I'm not sure how our hobby will continue with intel gaining such rapid market share.

 

[Olikan]

Intel iGPUs are pretty worrisome

I'm not sure how our hobby will continue with intel gaining such rapid market share.

GPU market is pretty much cyclic market,

many ppl bought a new card for batllefield 3, that's why in q3 sales were up...
suddenly, no one actually need a new card for q4
but then in q1 there is the 28nm cards

heck, there is several ppl with a 4670 and find it good enought.......like me:awe:

 

[gramboh]

With the new Xbox and Playstation on the horizon, and iGPU/APUs nowhere near the required level of performance to play those games, I don't think we have anything to worry about in terms of PC gaming graphics cards for the foreseeable future. Especially if you factor in that the technology can be used for compute purposes as well.