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4-Traders Homepage  >  Equities  >  Nyse  >  Advanced Micro Devices, Inc.    AMD

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Advanced Micro Devices, Inc. : AMD and GameFly Team Up to Get Gamers Playing for Less

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05/01/2012 | 02:59pm CEST
AMD APU or CPU Buyers Receive a 20 Percent Discount on a New Game Purchased From GameFly's Expansive PC Gaming Library

SUNNYVALE, CA, May 01, 2012 (MARKETWIRE via COMTEX) --AMD (NYSE: AMD) today announced an agreement with GameFly, Inc., to give gamers who leverage the quality and performance of AMD CPUs and APUs easier access to GameFly's leading online video game rental and PC download services for a limited time. Gamers purchasing select AMD A-Series APUs, AMD Athlon(TM) II CPUs, AMD Phenom(TM) II CPUs or AMD FX Series CPUs in regions where GameFly is accessible receive a free, 30-day GameFly membership as well as a 20 percent discount on a new PC game purchase via the new GameFly PC store.

"AMD draws inspiration from gamers, game developers and the PC gaming industry," said John Taylor, director of Global Product and Technology Marketing at AMD. "Hand-in-hand with the AMD Gaming Evolved program, we continue to listen to gamers and fulfill our 'Gamers Come First!' pledge. AMD's close affiliation with GameFly shows our gratitude to gamers and to GameFly for recognizing how AMD represents best-in-class PC gaming experiences."

"GameFly is excited about its agreement with AMD because we've recently expanded into the PC gaming market with our robust new digital client," said Sean Spector, GameFly co-founder and SVP of Business Development and Content. "We strive to deliver the best consumer experience and we believe AMD's innovative technology and dedication to the PC gaming community amplify our mission as we continue to cater to our customers and enhance the value of our services."

AMD processors provide high-quality gaming experiences with high-definition entertainment, advanced multitasking performance and power-saving innovations. The Accelerated Processing Unit (APU) combines multi-core CPU and Premium AMD Radeon(TM) graphics processing cores in a single chip, enabling breakthroughs in visual computing, performance-per-watt and device form factor. AMD FX Series CPUs recently achieved the Guinness World Record for the "Highest Frequency of a Computer Processor." The AMD FX Series CPU offering include an eight-core desktop processor, enabling extreme multi-display gaming, mega-tasking and HD content creation for PC and digital enthusiasts.

Supporting Resources

--  Check out more details on the launch
--  Follow all the news from AMD on Twitter @AMD_Unprocessed
--  Like AMD on Facebook
--  Learn more about GameFly's offerings
--  Visit GameFly on Twitter @gamefly and on Facebook

About Gamefly, Inc. GameFly, the leading subscription video game rental service, allows members to rent one or more video games concurrently, with no due dates, late fees or shipping charges. Users can easily select from over 8,000 console/handheld titles or more than 1,400 PC/Mac games, and manage their list of games online from the GameFly website at www.gamefly.com, the GameFly App for iOS and Android devices, or the newly launched digital PC Client. Members receive games via First-Class Mail and return them to GameFly at their convenience using prepaid mailers. In addition to selling video games through the "Keep" feature, GameFly also sells new and used video games.

About AMD AMD (NYSE: AMD) is a semiconductor design innovator leading the next era of vivid digital experiences with its groundbreaking AMD Accelerated Processing Units (APUs) that power a wide range of computing devices. AMD's server computing products are focused on driving industry-leading cloud computing and virtualization environments. AMD's superior graphics technologies are found in a variety of solutions ranging from game consoles, PCs to supercomputers. For more information, visit http://www.amd.com.

AMD, the AMD Arrow logo, AMD Athlon, AMD Phenom, Radeon, and combinations thereof are trademarks of Advanced Micro Devices, Inc. in the United States and/or other jurisdictions. Other names are for identification purposes only and may be trademarks of their respective owners.

Contact:
Phil Hughes
AMD Product PR
(512) 602-4797
Email Contact

Andy Lutzky
Edelman for AMD
(650) 762-2978
Email Contact

Ryh-Ming Poon
GameFly
(424) 603-6913
Email Contact

SOURCE: Advanced Micro Devices

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Financials ($)
Sales 2017 4 725 M
EBIT 2017 195 M
Net income 2017 -19,3 M
Debt 2017 227 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018 80,60
EV / Sales 2017 2,78x
EV / Sales 2018 2,47x
Capitalization 12 907 M
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Advanced Micro Devices, In Technical Analysis Chart | AMD | US0079031078 | 4-Traders
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Mean consensus HOLD
Number of Analysts 27
Average target price 12,2 $
Spread / Average Target -11%
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Managers
NameTitle
Lisa T. Su President, CEO & Non-Independent Director
John Edward Caldwell Chairman
Devinder Kumar Chief Financial Officer, Treasurer & Senior VP
Mark D. Papermaster CTO, Senior VP-Technology & Engineering
Bruce L. Claflin Independent Director
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