AMD collects half a billion in Q1 profit, Fusion APUs now account for half of its laptop shipments

AMD's net income for the past quarter was $510 million, generated from $1.61 billion in total revenues. That should make happy reading for a company that's been raising similar gross revenues previously but finding itself losing cash -- though the more intriguing figures are a little deeper in its latest disclosure. CFO and interim CEO Thomas Seifert has noted that AMD "tripled" its Fusion APU shipments relative to last quarter -- meaning that at least 3.9 million units have made their way out to OEM partners in Q1 -- which now account for "roughly half" of the company's notebook shipments. In less upbeat news, average selling prices in both the microprocessor and graphics divisions were down sequentially, with AMD having to react to pressure from its traditional foes Intel and NVIDIA. You might surmise that with the mainstream Llano APU out and shipping to computer makers, AMD might have a happier second quarter, but the company's guidance is for revenues to be flat or slightly down. A final note of pride is reserved for the Radeon HD 6490M and HD 6750M GPUs, which figured prominently in Apple's latest MacBook Pro refresh and mark a bit of a coup for AMD, who's now responsible for all of Apple's discrete graphics across the MacBook Pro and iMac computing lines. Click the links below for even more intel on Advanced Micro Devices.Continue reading AMD collects half a billion in Q1 profit, Fusion APUs now account for half of its laptop shipmentsAMD collects half a billion in Q1 profit, Fusion APUs now account for half of its laptop shipments originally appeared on Engadget on Fri, 22 Apr 2011 06:48:00 EDT. Please see our terms for use of feeds.Permalink   |  AMD, Earnings call transcript (Seeking Alpha)  | Email this | Comments

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