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Analyst cuts forecast for AMD

8/30/2010 08:32 PM EDT
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Robotics Developer
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re: Analyst cuts forecast for AMD
Robotics Developer   8/31/2010 4:32:56 PM
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I am sure that until the consumer confidence picks up the projected demands for PCs and other "consumable" electronics will remain soft. Consumer confidence will continue to fall until JOBs get created and they have some hope of continued employment. I am not sure that any company can cause the market to uptick without jobs. The Christmas season will be upon us before we know it (or are wanting it) and that is where the rubber meets the road for the consumer driven businesses. The forecast looks like a consumer confidence low causing a market storm with improving conditions once the jobs front comes in.

jhchang
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re: Analyst cuts forecast for AMD
jhchang   8/31/2010 2:15:06 PM
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Was the conclusion of the FTC investigation against Intel not supposed to be an instant market share boost to AMD? Or perhaps these are different issues?

Warren3
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re: Analyst cuts forecast for AMD
Warren3   8/30/2010 9:14:22 PM
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A 60% downward adjustment for GAAP EPS seems like a whole lot for someone described as "likely not immune" to an anticipated slowdown predicted by one's competitors.

phoenixdave
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re: Analyst cuts forecast for AMD
phoenixdave   8/30/2010 8:44:52 PM
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Not very unexpected news. The PC market appears to be the first to see a slowdown. Ramp-up for the coming holiday season should be slowed until there is more clarity in the final quarter demand.

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