AMD tumbles further, ended 2012 with net loss of $1.18 billion
On the same day AMD announced it snagged two new executives, it also announced its fourth-quarter earnings. And as anyone who’s followed the company in recent months has come to expect—the report hasn’t been pretty.
The company said Tuesday its annual revenue came in at $5.4 billion, down 17 percent when compared to 2011. AMD ended 2012 with a net loss of $1.18 billion.
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