Sony PlayStation and Microsoft XBOX Game Consoles Could Save AMD From Collapse
The future of Advanced Micro Devices crucially depends on development partnerships for next-generation Sony PlayStation4 and Microsoft XBOX ONE console systems By Olin Coles One year ago Advanced Micro Devices, Inc. (NYSE:AMD) company stock was publicly trading for $8.20 per share (16 March 2012), the highest point since trading at the same level a year prior (March 2010). Since then, AMD stock has sunk to as low as $1.86 per share, performing far worse than other stocks within the same industry. Analyzing the graph charted below, you can see that the Dow Jones Industrial averaged a 12% gain over that same one-year period from late March 2012-2013. Microprocessors company ARM ($18.6B current market capitalization) enjoyed a 51% growth over Dow […]
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