Q1 2007 performance is "disappointing and unacceptable" says AMD's chief financial officer.
Ten days ago, AMD announced that it was planning to restructure its business due to a significant drop in quarterly revenue. At the time, the company was projecting its Q1 revenue to come in at $1.225 billion USD.
The official numbers are in and AMD has reported Q1 revenue of $1.233 billion USD and an net loss of $611 million USD. The numbers include a charge of $113 million USD due to the acquisition of ATI and $28 million USD for employee stock-based compensation expenses. AMD had revenue of $1.773 billion USD in Q4 2006.
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Filed under: HandheldsAxim fanboys the world over -- yes, they really do exist, especially among PDA emulation gaming enthusiasts -- as Mobility Site is reporting that Dell has quietly removed the last x51-series models from its retail site, effectively spelling the end of the five-year-old brand as we know it. First released in 2002, the Axims were always considered vanguard devices among Pocket PC users, introducing features such as WiFi, VGA screens, and high-end processors as soon as they became available. It would be great to see Dell carry this tradition over onto an Axim line of smartphones -- 624MHz XScale CPUs plus 640 x 480 displays would be pretty hot indeed -- but for now it seems that the company is concentrating on its other businesses, so if you want to buy a PDA from Dell, it's ironically gotta be Palm or nothing.
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