AMD earnings continue decline with $1.16 billion in Q4 revenue, $5.42 billion in 2012

We can't say AMD's declining momentum was unexpected, but these results don't necessarily have us excited about the future, nonetheless. For Q4, the company posted revenue of $1.16 billion, which is a 32-percent drop from the same period in 2011, netting a loss of 63 cents per share. For 2012 as a whole, the company's revenue rang in at $5.42 billion -- a 17-percent fall from the previous year, and a $1.60 loss per share. President Rory Read references evolution and diversification when discussi...