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AMD: PS4 & Xbox One sales boost company’s Q4 financials, $1.59 billion revenue posted

Wednesday, 22nd January 2014 11:11 GMT By Dave Cook

PlayStation 4 and Xbox One sales helped boost AMD’s fourth-quarter financials, the firm has revealed. The company arm responsible saw revenue of $865 million in the period as a result.

GI.biz reports that for the quarter ended December 28, 2013, AMD’s Graphical and Visual Solutions division saw revenue of $865 million, an increase on the $326 million earned in the same quarter last year. It should be noted that both PS4 and Xbox One house AMD components, and together have sold over 7 million consoles worldwide.

The arm’s operating income rose from $79 million to $121 million for the period, while full-year revenue comes in at $2.2 billion, which is up on the $1.42 billion earned in 2013.

However, AMD’s Computer Solutions division suffered a $7 million operating loss in Q4 on revenue of $722 million. The department posted a full-year $22 million operating loss.

AMD’s combined divisions posted Q4 revenue of $1.59 billion, a 35 per cent year-on-year increase, equating to net income of $89 million.

In an attached statement, AMD president and CEO Rory Read said of the figures, “Strong execution of our strategic transformation plan drove significant revenue growth and improved profitability in the fourth quarter. The continued ramp of our semi-custom SoCs and leadership graphics products resulted in a 38 percent revenue increase from the year ago quarter. Our focus in 2014 is to deliver revenue growth and profitability for the full year by leveraging our differentiated IP to drive success in our targeted new markets and core businesses.”

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8 Comments

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  1. Dragon

    Good thing that they can hold on. Its better for consumers, since Nvidia would have disproportionately large market share and virtual monopoly if AMD falls.

    #1 3 months ago
  2. Christopher Jack

    Good luck to AMD. Would hate to see In(tel+n)Vidia monopolies. Competition can only benefit the industry, keeps their egos in check, remember the GTX 780 price drop? Doubt it would have happened if AMD’s new CPUs didn’t demolish them in price/performance by such extremes.

    #2 3 months ago
  3. Erthazus

    Yeah. They required that.
    Basically Sony and MS funded them.

    Let’s see what they will have in the future. I hope for God sake that they will start making products with decent technologies.

    #3 3 months ago
  4. lexph3re

    And here people want console markets to die when their extra revenue for PC. Gotta love the financial ecosystem

    #4 3 months ago
  5. Dragon

    ^ Its more like , “I love my PC and hate consoles, so that should just die.”
    And vice-versa.

    #5 3 months ago
  6. Tormenter

    WHAT?

    They hold the keys to both of the consoles AND half (potentially) of the PC market and they’re only posting a quarterly revenue of $1.59 bil in the same quarter as the console original release?… Christ, they’re in trouble.

    That kind of revenue for this kind of venture is not good.

    If that’s the expected return, I’m not surprised Nvidia didn’t want anything to do with the consoles.

    Edited.. I had written profit instead of revenue.

    #6 3 months ago
  7. nollie4545

    As above. Unless AMD sort their affairs and start making decent tech and innovate, they will be absorbed by someone.

    Unfortunately none of the above mentions the magic word: ‘profit’ anywhere.

    Neither intel or Nvidia were going to do the xbox/ps4 deal dirt cheap and for very low margin: they don’t have to.

    #7 3 months ago
  8. Tormenter

    @7

    Exactly.. how much of that ‘revenue’ is expenditure?

    #8 3 months ago