AMD tumbles further, ended 2012 with net loss of $1.18 billion

http://cdn.itproportal.com/photos/AMD-swirl-plughole-640x353_original.png

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.

Tags: 

Read more: AMD tumbles further, ended 2012 with net loss of $1.18 billion

Story added 23. January 2013, content source with full text you can find at link above.