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Enviado: 24/6/2003 14:399:34am 06/24/03
AMD warns on Q2 sales, cites SARS (AMD, INTC) By Emily Church
LONDON (CBS.MW) -- Semiconductor maker AMD (AMD) warned sales for the second quarter ending June 29 are now expected at $615 million.
In its first quarter results, AMD said it expected second quarter sales to be at least $715 million.
"The anticipated global sales improvement in the month of June did not materialize as we had anticipated," said Robert J. Rivet, AMD's Chief Financial Officer in a statement. "In particular, the decline in personal computer and handset sell-through in China and other Asian markets, largely related to the SARS epidemic, significantly affected AMD's sales in the second quarter."
Second quarter results are slated for release on July 16, 2003.
AMD warns on Q2 sales, cites SARS (AMD, INTC) By Emily Church
LONDON (CBS.MW) -- Semiconductor maker AMD (AMD) warned sales for the second quarter ending June 29 are now expected at $615 million.
In its first quarter results, AMD said it expected second quarter sales to be at least $715 million.
"The anticipated global sales improvement in the month of June did not materialize as we had anticipated," said Robert J. Rivet, AMD's Chief Financial Officer in a statement. "In particular, the decline in personal computer and handset sell-through in China and other Asian markets, largely related to the SARS epidemic, significantly affected AMD's sales in the second quarter."
Second quarter results are slated for release on July 16, 2003.