The humiliation is that despite your efforts to downplay Intel graphics at every chance, reality shows Carrizo was overhyped and underdelivered.
Wow, that's an interesting sales pitch. I concede that "the chip that humiliated Intel" might sound awesome in a crowd of AMD fanboys. "put $50 in my pocket and humiliate Intel" sounds truer.
Now back to the real world, Lisa Su is basically writing off Seatle as a revenue provider, so regardless of how many SATA ports your AMD reseller count in front of you it won't be effective as a server product. In Lisa's words she sees a modest contribution in 2016, which for AMD standards means token revenue not worth the hassle to report.
Current console units will provide smaller revenue than this year (which slightly up from 2015 despite a double digit increase that year in units sold) and lower operating profits. They expect the business to beat 2015 with the help of a new design they plan to ramp up in the second half.
Lisa Su is saying that they will gain share next quarter but if we apply AMD guidance for Q116 and apply the seasonality factor for the consoles, that mean they will lose share on the PC market. Someone is screwing up here, either AMD marketing isn't providing the numbers or the execs can't read the reports. More important, the growth drivers Lisa Su is mentioning were supposed to appear on this quarter because of holiday sales, and not in Q1. I think her forecast is flawed.
This is especially huge because a lot of information she gave investors were relying on these assumptions, and if they can't model it it's not good, as investors will follow their models and management will lose even more credibility.
On Zen, she confirmed that it will arrive first on desktops and that servers only in 2017. She's reporting design wins for Zen but without gauging the interest on the market this might be just hot air. What I find interesting is that whatever interest she's reporting on server and workstation markets is not enough to absorb all the units of the initial production run, so my hunch is that this interest in Zen is not big at all. Zen will be a flop on servers.