AMD Blames Poor Q2 Results on Channel Llano Sales

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http://www.thevarguy.com – AMD (NYSE: AMD) blamed much of its 10 percent revenue dip for Q2 2012 on poor channel sales of its Llano desktop APUs, particularly in Europe and China. The chipmaker, which earlier this month warned investors it could post an 11 percent year-over-year revenue decline for the period, recorded $1.41 billion in sales, a 10 percent slide from last year, and earnings of $37 million during the quarter, a 39 percent tumble. To frame the gloomy picture, AMD estimated third-quarter revenue would fall 1 percent from the second quarter, plus or minus 3 percent. What caused AMD’s revenue shortfall, whi (IT news)