AMD held its annual Financial Analyst Day this morning. This time around, there was no glitter, no flash, and no rosy pep talks about the current (or future) dominance of AMD products in the marketplace. The various corporate executives who spoke, including Hector Ruiz (CEO), Mario Rivas (executive vice president, Computing Products Group), and Dirk Meyer (president, chief operating officer), acknowledged the difficulties AMD is currently experiencing, admitted that the company's execution had slipped badly over 2007, and pledged that 2008 would be different. AMD's word of the day was "apologize," and multiple executives expounded on the theme. Future-casting was kept to a bare minimum, and most of the information discussed is already common knowledge in technical circles.
more information at arstechnica.com
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