Monday, January 19, 2009

AMD's New Reality

From: Meyer, Dirk
Sent: Thursday, January 15, 2009 4:02 PM
To: ALL AMD EMPLOYEES
Subject: A New Reality


TO: AMD Employees
FROM: Dirk Meyer, AMD President and CEO

RE: A New Reality

The last few months have been humbling for virtually every company in every industry around the world. Global demand is down dramatically. And uncertainty about both the timing and intensity of a potential recovery has risen. This combination has made our goal of regaining profitability and free cash flow more difficult – and more important - than ever.

Badhardware: We would like to see Intel's CEO letter to all. Darker than everything you can imagine.

Check this too.
Asia PC sale drops 14%.
Bad, hard times are doubtless ahead.

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