DIRK MEYER was not forced out of his job as AMD's CEO because he lost the plot on devising a mobile strategy, as the company's leadership even now doesn't seem all that bothered about it.
Its interim CEO, AMD's CFO Thomas Seifert, told its fourth quarter earnings investors telecon that Meyer did not get the push over tablets and that the company's product development efforts will eventually produce chips for the netbooks without keyboards.
Media reports claimed that Meyer had been pushed out because he had not developed a strategy for AMD to make the most of the tablet craze and smartphone growth.
However Seifert told investors there was more to it. He said, "The discussion was more than a tablet strategy, the mobility discussion was also an infrastructure question... and addressing some of the near term opportunities to improve profitability."
Getting more profitability was always going to be difficult whomever was the big cheese because Seifert and his board of directors admitted that revenue for the first quarter is likely to be "flattish" and that sales of GPUs in the fourth quarter were down. They were also disappointed with AMD's performance in the server market.
Overall for AMD it was all a bit rubbish with a flat income situation in the fourth quarter. Looking at the figures with a year on year comparison and revenues at just $1.65 billion, AMD achieved only a measley 2 per cent growth. µ
AMD fanboys, you have to respect their delusions. They're almost as bad as Apple fanboys.
The reason AMD is down the toilet? Their products can't compete with intel's, period. Do you think it was intel's business practices that caused the Opteron 6100/4100 series to be inferior to the Xeon 5600 and 6500/7500 series of processors? Was it intel's business practices that casued AMD to stick with a 3-issue design for years? Did intel's business practices stick that TLB errata in the original Barcelona?
No. AMD has consistently failed to execute with regards to it's x86-64 processors and they have consistently failed to design and market their GPUs to the higher margin HPC accelerator market. They've made some pretty poor decisions that have made it difficult to compete with both intel and nVidia in new and growing markets. Yeah, Fermi wasn't the best gaming GPU. But I'm sure nVidia isn't worried when they look at the revenue they're generating from selling the same chips for four or five times as much to IBM. AMD needs to learn that it's not 2002 anymore.
In the USA big companies get away with anything, as they simply "sponsor" (=buy) politicians and judges to rule/law in their favour.
That is why big companies like InHell, Mirco$oft can crush others with lawsuits and put up their own middle finger to anything that is called a Law.
These companies hinder innovation BIG time.
Without InHell and Micro$soft we would have had far better computers systems them we have today.
Windows is such a poor design as well as the x86 working.
There have been far better OS and CPU's, most of them gone due to monopolistic behaviour of the Wintel combo.
And as usual, the USA looks at it and does nothing. Heck they even don't stop spammers with their stupid Opt-Out law that doesn't work.
Only on the grow in a sluggish economy with an aging chip that is losing ground despite more cores?
Go kiss Sarah Palin's ass!
You and the rest of your Julian Assange hating, Fox News Lovin' idiots are causing big problems for the GOP (sorry, Uncle Sam) and should be send to our favourite place: Guantanamo Bay detention camp for a REAL wake up call... After all, you seem to want to send everyone else there who doesn't have a job, seems to perform under-par and cannot 'pay' for themselves?
YOU Sir, are the people that are causing all the problems in the world!
Please, crawl back under your green slimey stone and leave us commey, liberal, open-minded people alone.
The world doesn't need creeps like you.
Go work for Intel's under-cover department and while you're there, read-up on the rest of the world that's outside the good ole' US of God Damn 'A'!!!!
I would normally say, "love Dave", but since "Fox and Friends" cancelled Joan Rivers interview, forget it!
I love you, Joan!
Dave.
@David
Does that Kool-aid smell of bitter almond??
"@Bob: You, sir, can't prove any wrongdoing on Intel's part in the past several months, can you? You're blaming the wrong people for AMD's failure.
I blame AMD itself, for not being efficient enough. Their costs are too high."
Pull your head from your butt good sir...Intel has been found guilty in Japan, Korea, Australia, Europe, and most recently the USA.
"I also blame Mr. Obama. You can't fix a recession by increasing taxes and welfare and red tape and giving extra health benefits to unproductive people, but he tried it anyway. Now you wonder why the economy is weak and unemployment is high and people are reluctant to buy expensive toys?"
Much like in your previous statement your facts are way off. What unproductive people did Obama give health benefits too?
Can I interest you in a tall glass of green Kool-aid?
AMD is doing OK IMO. They have dealt with the illegal bribes, threats, etc. from Intel for over 35 years. As long as AMD continues to deliver quality products at user friendly prices they will remain viable. If they can create additional revenues in other areas, so be it. AMD is a success story inspite of Bama's efforts to socialise the U.S.
@Bob: You, sir, can't prove any wrongdoing on Intel's part in the past several months, can you? You're blaming the wrong people for AMD's failure.
I blame AMD itself, for not being efficient enough. Their costs are too high.
I also blame Mr. Obama. You can't fix a recession by increasing taxes and welfare and red tape and giving extra health benefits to unproductive people, but he tried it anyway. Now you wonder why the economy is weak and unemployment is high and people are reluctant to buy expensive toys?
It won't be easy for any CEO at AMD with InHell constantly violating anti-trust laws to stifle competition. The fact that AMD actually grew 2% during an economic depression shows they still can deliver what the market desires and they do it legally.