In an earnings call AMD revealed that it has attained a non-GAAP profit of $108 million - compared to $2 million for the same quarter last year - and that this profit turned into a $118 million loss when factoring in interest, taxes, depreciation and amortization (this is called GAAP adjusted earnings).
What the above numbers mean is that AMD is making huge profits which are still being swallowed by the effects of previous years' losses. The company's current direction is upward though, and it looks like will recover soon.
More interesting though is that AMD CEO Dirk Meyer revealed that they "will be launching our second-generation DX11 graphics offerings next week."
The above statement refers to AMD Radeon 6xxx DirectX 11 graphics cards family. The family's official specs haven't been released yet, but a Chinese forum seems to have leaked an internal AMD specifications sheet which indicates that the new family processing power has seen a 60% increase and that its memory bandwidth has doubled.
