AMD Follows Intel; Warns On Q3 Profits
When Intel announced it would miss its Q3 targets in late August, there was speculation as to whether or not AMD would escape the same fate. With the third quarter having officially ended, the answer is no. According to a statement the company made late last week, revenue will be down 1-4.5 percent compared to second-quarter revenue of 1.65 billion. AMD didn't provide much detail on the change, saying only: "The sequential decrease is due to weaker than expected demand, particularly in the consumer notebook market in Western Europe and North America."
AMD's new mobile processing is supposed to pack a punch, but that only helps if people buy them
AMD picked up a significant bit of notebook share in Q2 and is planning to launch its new mobile processor, Ontario, in Q4. Atom's sales have pingponged back and forth over 2011; it's hard to predict why both manufacturers have seen sales decline. We've previously covered news that Best Buy has seen iPad sales cannibalizing notebook products, but that's unlikely to have dramatically hit notebook CPU sales. As popular as Apple's tablet has been, it's not enough to tilt the market single-handedly.