AMD financial activity Q1 2008

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POSTER: computer news   ||   AMD FINANCIAL ACTIVITY Q1 2008	DATE:2008-04-18
AMD Company recently reported about its activity results  for the first quarter 2008, and  declared about the forthcoming personnel reduction by 10% . Speaking about the low financial results in the first quarter, AMD representatives complain the world economic decrease and interest reduction in last generations products  , this caused a decrease in the gain level relative to the planned values. Clean losses AMD for the first quarter composed $358 mln., this already the sixth unprofitable block for the company. AMD lost approximately $4,3 billion. AMD as before expects to improve the financial situation in the second half-year. First reduction of personnel by 10%  . In the second place, in the near future AMD will continue its strategy ( optimization of active memberships ) . Finally, AMD company will be get a full restructuring . Related Products :

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