Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 236.73

-6.1%

Jan 30 9:30 AM EST

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To: FJB who wrote (239046)	8/18/2007 8:04:04 PM
From: Ritz	Read Replies (1) of 275872

Intel failed to meet their guidance for gross margin just this previous quarter. The quote from the Q1 CC was: "Our expectation for gross margin percentage in the second quarter is 48%, plus or minus a couple of points." seekingalpha.com The actual GM was 46.95%. I think it's fair to say that 1.05% is well within the stated range of "a couple of points". If you want to talk about failing to meet Gross Margin guidance, I would think a more relevant example would be AMD's Analyst day guidance from last December when they stated in their 2007 guidance that their target GM was 50% plus or minus 2 points. Now THAT is gonna be a miss. amd.com

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