CrazyMan,
too early for me! Don't you guys ever sleep?
WooHoo!
amd.com
AMD SAYS FIRST-QUARTER SALES WILL EXCEED $1 BILLION
TOKYO, JAPAN --April 5, 2000--Speaking at a news conference in Tokyo, Japan, observing
the 25th anniversary of AMD-Japan, Ltd., AMD Chairman and Chief Executive Officer W.J.
Sanders III said today he expects that the company will report record sales in excess
of $1 billion for its first quarter, which ended April 2, 2000.
Based on strong sales growth from all its product groups, Sanders said he expects AMD
will report revenue growth in the range of 10 percent over the immediate-prior quarter
to more than $1.06 billion when it announces results on Wednesday, April 12. Both Flash
memory and PC processors, led by the award-winning AMD Athlon[tm] processor, reached
new records in units and revenues. Sanders said the company achieved its publicly
stated goal of selling at least 1.2 million AMD Athlon processors during the quarter.
"We believe we continued to gain unit share worldwide last quarter in the PC processor
segment," said Sanders. "Our PC processor unit market share in Japan, at more than 20
percent, is somewhat higher than our worldwide share, reflecting our participation in
all segments of the Japanese market - consumer, commercial, and mobile."
AMD reported record sales of $968.7 million and earnings of $0.43 per diluted share for
the immediate-prior quarter, which ended December 26, 1999.
Cautionary Statement
This release contains forward-looking statements, which are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors
are cautioned that all forward-looking statements in this release involve risks and
uncertainty that could cause actual results to differ materially from current
expectations. We urge investors to review in detail the risks and uncertainties in the
company's Securities and Exchange Commission filings, including but not limited to the
report on Form 10-Q for the quarter ended September 26, 1999. There can be no assurance
that demand for the company's products will continue at current or greater levels, or
that the company will continue to grow revenues or market share. |
