DV Hardware bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, ATi, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
 
DarkVision Hardware - Daily tech news
October 23, 2014 
Main Menu

Home
Info
News archives
Articles
Howto
Reviews
 

Who's Online
There are currently 78 people online.

 

Latest Reviews
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
ZOWIE G-TF Rough mousepad
ROCCAT Isku FX gaming keyboard
Prolimatech Magnetic Pin
 

RSS
RSS





 

AMD back profitable in Q3 2008 - Ruiz gives himself a raise

Posted on Friday, December 14 2007 @ 20:54:27 CET by


AMD's CEO Hector Ruiz claims the company should be in the green again in Q3 2008:
AMD faced critical analysts once again at its December analyst meeting, but chief executive officer Hector Ruiz sees the company on a road of continued recovery, which he believes will result in a return to profitability in the third quarter of 2008. However, the company appeared to be unsure whether it can deliver on a previous statement that it may be able break even in the current quarter.

No matter where you look at, AMD appears to be walking on thin ice. Despite a consistent message given at today’s analyst day that the worst is behind the company, analysts grilled AMD executives with questions that were looking for some guidance when the manufacturer will be able to post a profit again.
In other news, Ruiz is feeling lucky as he just gave himself a raise:
After spending most of Thursday apologizing to financial analysts for AMD's performance in 2007, the company revealed in a filing with the Securities and Exchange Commission that Ruiz's compensation agreement was amended on Wednesday with his new salary: $1,124,000. Earlier this year, AMD said Ruiz made $1,046,358 in base salary (click for PDF) during 2006, with a total compensation package for the year of $12,848,435.



 



 

DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2014 DM Media Group bvba