Business, Worldwide, Profit --Profit, Score Performance Progress.

¶ … business, worldwide, profit --profit, score performance progress. While ways a business entity evaluated, common measures financial scope. All businesses understand poorly operations performing times, end pre-determined fiscal time period.

AMD Financials

AMD, short for Advanced Micro Devices, is notable as it is the single company to be able to withstand some competition to Intel's central processing units. Aside from this product however, AMD produces and sells a wide array of other technological items, such as motherboard chipsets or graphics processors.

The company was established in 1969 and it is headquartered in Sunnyvale, California. At the financial level, the results of the firm have been impacted throughout the past recent years, yet this decrease is pegged to the internationalized economic crisis, rather than internal problems within the firm. Specifically, the company's revenues have increased from $5,627 million in 2006 to $6,494 million in 2010, according to a variable evolution, with increases in 2007 and 2010, and decreases in 2008 and 2009 (AMD 2010 Annual Report).

For the time being however, the company's financial results seem stable and the organization is committed to further consolidating and improving them. At the level of fiscal year ended on the 31st of December 2010, the company executives declare satisfaction relative to the results obtained. Specifically, they bring praise to the mile stones that were attained, the most important of them being a substantial increase in revenues.

"We achieved many financial milestones in 2010, increasing revenue 20% year-over-year, restructuring our balance sheet, reducing our overall debt, improving our gross margin and delivering positive adjusted non-GAAP free cash flow" (AMD 2010 Annual Report).

An important negative trend was observed at the level of the company's assets, which had followed a sustained decreasing trend from 2006 through 2010. Specifically, AMD's assets had been valued at $13,147 million in 2006, but had decreased to $4,964 million by 2010. Part of this decrease can be attributed to depreciation and amortization, yet a larger part is expected to have been used to reduce debt and increase the company's financial stability.

The analysis of the 10 K. Of Advanced Micro Devices reveals two important pieces of information. On the one hand, it provides insight on how the organization uses financial data to inform its investors. On the other hand, it provides insights on how the organization uses the financial data to make decisions at the internal level.

In terms of the usage of the financial data to inform the investors, an observation is made that the company strives to balance quantitative data with qualitative appreciations. Specifically, it strives to be unbiased and transparent by integrating the financial figures as these have been retrieved in various financial statements, such as the cash flow statements, the balance sheet and the income statement.

On the other hand however, it uses qualitative appreciations to take pride in the positive accomplishments and to minimize the negative outcomes of the firm. Through this dimension, it can be said that the approach of the company is biased and that they use the data not entirely to inform the investors, but more so to persuade them of the positive results of the firm and to convince the investors to invest in AMD.

At the level of the means in which the micro devices manufacturers uses the financial data to make internal decisions, two important elements are revealed. On the one hand, the company's primary goal is that of registering increasing revenues and profits. These are necessary to attain the business objectives, to sustain further investments and also to create more value for the share owners. In such a setting, the strategic decisions made by the company revolve around the implementation of mechanisms that can support ADM in reaching its pre-established profitability objectives.

Still, what has to be noted is that, throughout the past recent decades, the approach of the economic agents towards profit generation has changed. In a growingly dynamic and challenging market place, the scope of firms remains the eternal need for profits, but the means to generating these results has changed. Today then, the economic agents strive to attain their profitability objectives through the satisfaction of the needs and wants of the various stakeholder categories, such as customers, employees, the general public, governmental and non-governmental institutions and so on (Giaretta, 2011).

This realization is also applicable in the case of AMD's internal decisions, since the company remains focused on its profits, but strives to create them through the satisfaction of the stakeholders' needs and wants. Specifically, the manufacturer observes the financial data in various instances and makes decisions to improve. For example, when they observe a decrease in the sale of a respective item, they strive to improve it to better satisfy the customer, and as such boost sales of the respective item.