AMD Rides Next Generation Console Launches, Posts 28 Percent Bump in Revenues

Maximum PC: Propped up by next-generation console launches by Microsoft (Xbox One) and Sony (PlayStation 4), AMD today announced first quarter revenue $1.4 billion, which is a decrease of 12 percent sequentially but up a whopping 28 percent compared to the same quarter a year ago. Unfortunately for AMD, the jump in revenue still amounted to a $20 million loss, or $0.03 per share, though the Sunnyvale chip designer feels good about where it's at.

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