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Wall Street probably has better numbers, AMD just tanked on earnings and sales: https://yhoo.it/2OC9q7y https://yhoo.it/2OC9q7y
by thinkloop 7y ago
Wall Street probably has better numbers, AMD just tanked on earnings and sales: https://yhoo.it/2OC9q7y https://yhoo.it/2OC9q7y
- c2h5oh 7y agoEarnings call numbers were about Q2 with desktop CPU and GPU sales down due to long hyped new CPUs and GPUs launching on June 7th. PS4 and Xbox One are also long in the tooth now - semi-custom SoCs are down too. The article here is about sales after the June 7th launch which went really well.
- belltaco 7y agoThe launch was July 7th. Also, big Wall Street traders are known to go to extremes to find sales figures, like using photos from spy satellites of Walmart parking lots to estimate sales before earnings dates. If AMD's sales were truly spectacular, they would be loading up AMD stock by the bucketload right now.
- tru3_power 7y agoHaha that do you have any articles talking about that satellite thing? I feel like the finance industry has a lot of similarities with the security industry in terms of unconventional techniques used.
- belltaco 7y agohttps://newsroom.haas.berkeley.edu/how-hedge-funds-use-satellite-images-to-beat-wall-street-and-main-street/ https://newsroom.haas.berkeley.edu/how-hedge-funds-use-satel...
- ahartmetz 7y agoOther times, they don't know the first thing about what companies actually do. The success of Ryzen looked quite probable even before release, yet the stock price didn't move much. I bought some.
- deleted 7y ago[deleted]