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AMD is back on track; the company announces the good news

AMD is back on track; the company announces the good news

October 21, 2013 2:46 pm0 comments

AMD

After struggling financially for months, AMD has announced they’re slowly recovering from the recent losses.

Compared to the same trimester last year, the company has seen an increase in sales of 26%, which means a total of 1460 million dollars.

AMD has made a total revenue of 48 million dollars –a bit low, but still good news for a company that lost 131 million dollars last year.

Numbers aside, this is great for AMD, and it’s is no small part thanks to the Xbox One and PS4.

As of the day this article was written, the price of the company’s shares is around 4.09 USD, which means AMD is out of the danger zone, at least for now.

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