AMD lowers Q2 sales forecast ... again

For the second time in two months, chip maker Advanced Micro Devices Inc. (AMD) has cut its sales forecast for the second quarter, which ended on June 30. The company now expects to report second-quarter sales of around US$600 million, down from its earlier estimate of between $620 million and US$700 million, it said in a statement Wednesday.

AMD did not provide details for why sales are expected to be lower than earlier projections.

This is the second time that AMD has lowered its second-quarter sales estimate. In June, the company announced that second-quarter sales would fall between $620 million and $700 million, far lower than its original estimate of $820 million to $900 million.

In a conference call on June 18, AMD executives said processor demand had been weaker than expected during the second quarter but held out hopes for stronger sales during the second half of the year. Executives also said the company expected to post an operating loss for the second quarter. AMD rival Intel Corp. has also revised downward its second-quarter sales projection. The company announced on June 6 that its second-quarter revenue would fall between $6.2 billion and $6.5 billion, down from an earlier estimate of $6.4 billion to $7.0 billion. Intel said weak demand, particularly in Europe, was the reason for the lowered estimate. AMD will release its second quarter results on July 17.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Sumner Lemon

PC World
Show Comments

Brand Post

Most Popular Reviews

Latest Articles


PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers


This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang


It really doesn’t get more “gaming laptop” than this.

Jack Jeffries


As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr


The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?