Advanced Micro Devices executives made relatively upbeat statements about tablets and seemed to go beyond previous comments by former CEO Dirk Meyer, who was ousted earlier this month.
AMD posted fourth-quarter earnings today of 14 cents a share (non-GAAP basis), higher than the 11 cents per share that analysts had expected. Net income fell to $375 million, or 50 cents a share, from a year earlier when it reported net income of $1.18 billion, or $1.52 a share. Revenue was $1.65 billion, flat compared with the previous year.
A sore point for AMD was servers. Interim CEO … Read more