AMD Revenue Report

AMD reported their revenues for the quarter and year yesterday, and while it’s no Intel, it’s not negative. In the fourth quarter AMD made a $1.65 billion revenue with a net income of $375 million. Annually AMD made $6.48 billion with a net income of $471 billion. “AMD enters 2011 with significant momentum, amplified by the successful launch of our first Fusion APUs,” said Thomas Seifert, CFO and Interim CEO. “I am confident we can drive profitable growth based on the strength of new products we will bring to market. Our customers recognize that Fusion APUs are at the core of delivering the world’s most vivid digital experiences.”