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Chipmaker AMD’s revenue tops estimates, forecast misses

(Reuters) – Chipmaker Advanced Micro Devices' quarterly revenue topped estimates but its forecast for the current quarter fell short as it struggles with falling PC sales and consumers' growing preferences for smartphones and tablets. Like larger rival Intel, AMD is trying to refocus its business as sales of laptops languish and consumers increasingly depend on more mobile gadgets. Microsoft Corp's long-awaited launch of Windows 8 in October brought touch screen features to laptops but failed to spark a resurgence in sales that AMD, Intel and many PC manufacturers had hoped for. …

Quoted from Chipmaker AMD’s revenue tops estimates, forecast misses on Gadgets News Headlines – Yahoo! News

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