AMD cuts its sales expectations for these three months: from green to red
But now, with a few days to meet the financial results for the last three months just past, the company was sincere and confessed that he actually expected a Fall in revenue of 11% over the same period last year.
This reveals a very negative outlook disappointed investors strongly, so much so that the value of the shares of the company fell by 9% during the day on Monday, which was the day when AMD disclosed the information that they expect lower sales than expected.
Link: AMD slides as weak Europe, China prompts outlook cut (Yahoo! News)Tags: amd, analysis, Fall, lost, money, sales