AMD has scary things to say about the PC market
Advanced Micro Devices, the world's second largest PC processor supplier, had some sobering things to say today about the PC market when the company reported earnings today.
"For the first time since 2001, client PC shipments have declined sequentially for three consecutive quarters-and have been below historical averages for the last seven quarters," AMD CEO Rory Read said during the chip supplier's second quarter earnings conference call.
"We also believe the PC industry may be resetting to a new [lower] baseline," he said.
Revenue declined 10 percent to $1.41 billion for the the … Read more