Amd Earnings Report Suggests New Home Consoles Coming This Year

AMD Earnings Report Suggests New Home Consoles Coming This YearAMD has been a big player when it comes to PC gaming, but the company is also working with third parties to offer hardware for home consoles, and its most recent earnings report suggests that new devices are set to launch before the end of the year, although the company is not offering any information on their names or actual capabilities.

On Reddit users have focused on sections of the financial report that talk about the coming launches, saying that, "In our EESC segment, we had record shipments of our semi-custom SoCs powering the PlayStation 4 and Xbox One game consoles. Demand for game consoles looks strong for 2016, and we remain on track to generate additional revenue from new semi-custom business in the second half of 2016."

AMD then talks about some new design revenue in the second half of 2016, which might be a sign that information that has been leaking from various sources about the Nintendo NX and the PlayStation 4K is real.

The company is evasive in its statements because it knows official announcements will be coming from its partners and does not want to jeopardize its relationship with them in any way given that it is creating a solid revenue stream by providing them with improved hardware.

The PlayStation 4K might be announced during E3 2016
Some development sources have been talking about an improved take on the PlayStation 4, which should be capable of running video games in 4K resolution and will offer twice the graphics processing power of the original home console, probably provided by a piece of AMD hardware.

Some reports are saying that Sony will reveal this new device at some point during E3 2016 and that it will launch it alongside the coming PlayStation VR virtual reality solution for the price point of 499 dollars or Euro.

Nintendo is also working on its NX platform, which will apparently begin manufacturing in late spring and might be launched before the end of summer, although it's unclear whether it will incorporate any kind of tech from AMD or exactly what kind of experience the company wants to deliver.

Given that new hardware is coming this year, Microsoft might also want to make a clearer announcement about its own plans for the Xbox One, although according to Phil Spencer, the company is not interested in incremental updates and will only reveal something new if it plans to introduce a major upgrade.