AMD have posted their financial results for Q1 2013. Their revenue report shows a net loss of around $146 million with a total revenue reaching $1.09 billion. AMD lost reported over $470 million net loss last quarter, so their does seem a significant improved with Q4 also bringing in a similar revenue of $1.16 billion. Their revenue compared to the same quarter of last year shows a significant drop from $1.59 billion down to the $1.09 billion.
It’s already been announced that the PS4 will be powered by AMD and it’s also possible that the next Xbox will likely do so as well. This type of business can only prove well for AMD in the future and should hopefully get them back on track financially.
Source: AMD
