TITLE

Price decline pushes back AMD's Q4 results

AUTHOR(S)
Taylor, Colleen
PUB. DATE
January 2007
SOURCE
Electronic News;1/22/2007, Vol. 53 Issue 4, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the financial performance of Advanced Micro Devices Inc. as of January 22, 2007. Its fourth quarter (Q4) profit is anticipated to increase 3 percent from the $1.33 billion reported in the third quarter. The Q4 gross margin and operating income were affected by lower microprocessor average selling prices in the quarter. The stock price of the company declined by 9 percent which trades at $18.25.
ACCESSION #
23854376

 

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