Thursday, July 14, 2005

A.M.D.'s Profit Exceeds Predictions of Analysts - New York Times

A.M.D.'s Profit Exceeds Predictions of Analysts - New York Times: "A.M.D.'s second-quarter sales, while flat compared with a year earlier, increased 3 percent over the first quarter of this year. Gross margins increased to 39 percent, from 34 percent, largely because of stronger sales of microprocessors, as the average selling price rose 6 percent during the second quarter. Microprocessor chip sales, which account for three-fifths of the company's total, increased 38 percent from the second quarter of 2004, to $767 million."

I guess we'll find out next week, when Microsoft releases its quarterly results, if Apple's growth is in line with industry averages.

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