Advanced Micro Devices said today that revenue for the quarter ending June 30 is expected to be off 11 percent sequentially.



That's a very different outlook from what AMD forecast previously when it said that second-quarter 2012 revenue was expected to increase 3 percent sequentially, plus or minus 3 percent.

"The lower preliminary revenue results are primarily due to business conditions that materialized late in the second quarter, specifically softer-than-expected channel sales in China and Europe," the company said.

Source: http://news.cnet.com/8301-1001_3-57...uble-ahead-for-pc-makers/?tag=mncol;cnetRiver