If you can't run with the big cyber-dawgs...

GigaOM - AMD gives us a tech reality check

Earlier today, Advanced Micro Devices (AMD) announced that it is cutting its revenue forecasts, for the first quarter of 2007. “Revenues declined sharply quarter-over-quarter … due to lower overall average selling prices and significantly lower unit sales, especially in the resale channel,” AMD said. AMD will cut costs, and slowdown hiring. AMD pre- announcement can’t be dismissed lightly. You can expect more companies will make such statements during this earning season, underscoring lack of demand.

... <Churchlady> Could it be.... Vista? </ChurchLady>

While the GigaOM article does go on to name, "...,wireless handsets and most categories of consumer electronics" it speaks quite clearly to the PC markets. And as we all know the PC market is driven by the latest and greatest offering from Microsoft. In this case Vista. Which apparently no one is rushing out in droves to buy. Consequently AMD is taking it on the chin.

I have said it in other quarters for other reasons but it applies here just as well, "When you lay down with cyber-dawgs you end up with digital fleas." Sorry AMD, perhaps you should reconsider what porch you sleep on.