3 ms·
Would it? Has "control costs" ever worked out as a viable long term strategy in a business that is rapidly losing market share to a sea-change in competitors?
by gascan 9y ago
Would it? Has "control costs" ever worked out as a viable long term strategy in a business that is rapidly losing market share to a sea-change in competitors?
- listenallyall 9y agoAMD's stock was under $3 when this article was published, in Oct 2014. Today it is over $10. https://www.wsj.com/articles/overheard-amd-cutting-costs-1413585056 https://www.wsj.com/articles/overheard-amd-cutting-costs-141...
- gascan 9y agoGood point, although that wouldn't have meant anything if they kept plodding along with the Bulldozer family. Cut costs + bring new Ryzen chips to market, both parts were needed.
- listenallyall 9y agoOf course... the cost-cutting just stops/reduces the bleeding, extending the company's runway so that it can survive longer without running out of cash. The company still has to come up with a new product or strategy, in AMD's case it was Ryzen.