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[1771.00 --> 1772.00] No, that's normal.
[1772.00 --> 1773.00] They're just like brackets.
[1773.00 --> 1774.00] Yeah.
[1774.00 --> 1775.00] Oh, yeah, that's an- It's an accounting thing.
[1775.00 --> 1776.00] I don't- I don't know why.
[1776.00 --> 1778.00] That's odd, but sure.
[1778.00 --> 1779.00] But, yeah.
[1779.00 --> 1784.00] So, operating income was $126 million compared to an almost $300 million loss a year ago.
[1784.00 --> 1791.00] Um, and net income was $71 million compared to a net loss of $406 million a year ago.
[1791.00 --> 1792.00] Oh.
[1792.00 --> 1793.00] It's amazing they survived as long as they did.
[1793.00 --> 1794.00] It really is.
[1794.00 --> 1795.00] I mean, they had to sell everything.
[1795.00 --> 1796.00] They sold their fabs.
[1796.00 --> 1797.00] You know they sold their HQ, right?
[1797.00 --> 1798.00] Yeah.
[1798.00 --> 1800.00] Yeah, like, they don't actually own their headquarter building anymore.
[1800.00 --> 1803.00] Like, they had to live- like, like, monopoly style, man.
[1803.00 --> 1804.00] Yeah.
[1804.00 --> 1805.00] They had to mortgage boardwalk.
[1805.00 --> 1807.00] And then somehow climb back.
[1807.00 --> 1808.00] Yeah.
[1808.00 --> 1811.00] Which is, like, really hard to do in monopoly.
[1811.00 --> 1812.00] Yeah.
[1812.00 --> 1813.00] So, like-
[1813.00 --> 1814.00] And in real life.
[1814.00 --> 1815.00] Yeah.
[1815.00 --> 1819.00] Um, so average sale prices for GPUs went up significantly.
[1819.00 --> 1821.00] Um, yeah.
[1821.00 --> 1822.00] Yeah.
[1822.00 --> 1827.00] I don't know that cryptocurrency really would have helped AMD sell the GPUs for much higher,
[1827.00 --> 1829.00] so I'm not really sure where that comes from.
[1829.00 --> 1830.00] But-
[1830.00 --> 1831.00] But it-
[1831.00 --> 1834.00] Vega has a higher ASP than their previous flagship Polaris.
[1834.00 --> 1838.00] And, well, they're not getting the cut from the average sale price of the GPUs going up.
[1838.00 --> 1839.00] Yeah.
[1839.00 --> 1841.00] But it does mean that stores are like, please give us more.
[1841.00 --> 1842.00] Yep.
[1842.00 --> 1843.00] Which is a good position to be in.
[1843.00 --> 1844.00] So, high volume sales.
[1844.00 --> 1845.00] More.
[1845.00 --> 1849.00] Um, and this quarter was especially strong in enterprise, embedded, and semi-custom.
[1849.00 --> 1853.00] So that would be, uh, stuff like, oh, I don't know, maybe the upcoming Xbox One X.
[1853.00 --> 1854.00] Yeah.
[1854.00 --> 1855.00] Very cool.
[1855.00 --> 1856.00] And this is weird.
[1856.00 --> 1857.00] Like, I actually-
[1857.00 --> 1861.00] This is our last point in the notes here was one that I went and I looked up for myself,
[1861.00 --> 1864.00] um, without actually knowing that it was already in the notes.
[1864.00 --> 1870.00] But AMD's- they beat their earnings, um, guidance.
[1870.00 --> 1873.00] And then their stock dipped.
[1873.00 --> 1874.00] That's different.
[1874.00 --> 1875.00] Yeah.
[1875.00 --> 1883.00] Like, why are you mad at earning money?
[1883.00 --> 1888.00] I have no idea.
[1888.00 --> 1889.00] Yeah.
[1889.00 --> 1892.00] Meanwhile, like, you know, Bitcoin has gone up by-
[1892.00 --> 1893.00] Heck yeah!
[1893.00 --> 1895.00] Yeah, you- you have some Bitcoin, right?
[1895.00 --> 1896.00] I have some Bitcoin.
[1896.00 --> 1897.00] Yeah.
[1897.00 --> 1900.00] Alright, well, good for you.
[1900.00 --> 1903.00] I- I expect it- like, I don't know.
[1903.00 --> 1908.00] There- there- there's- there's the one side of things where it's like, Bitcoin is like,
[1908.00 --> 1919.00] the- the internet video to TV, and like, blah blah blah, like this is- this is gonna like, completely rule the world, brrrr, like all this like, super hardcore crowd.
[1919.00 --> 1922.00] And then there's people that are like, uh, nope.
[1922.00 --> 1923.00] Yeah.
[1923.00 --> 1924.00] So like-
[1924.00 --> 1928.00] Until I can buy a Grand Slam breakfast at Denny's with Bitcoin.
[1928.00 --> 1931.00] Once it gets to that point, that will be insane.
[1931.00 --> 1932.00] Yeah.
[1932.00 --> 1936.00] And then it's like- because it- it- it has staying power in very weird ways right now.
[1936.00 --> 1938.00] But it also has some big issues, like that fork.
[1938.00 --> 1939.00] Yeah.
[1939.00 --> 1940.00] Is potentially, like-
[1940.00 --> 1941.00] It's like-
[1941.00 --> 1942.00] It's like-
[1942.00 --> 1943.00] It's intense.
[1943.00 --> 1944.00] It's a scary thing.
[1944.00 --> 1945.00] Cause it's a hobbyist thing right now.
[1945.00 --> 1946.00] Like- Yeah.
[1946.00 --> 1951.00] Normal people can't be running around dealing with, oh, like, you know, oh, you know, my currency-
[1951.00 --> 1957.00] My currency is, uh, you know, it's- this- this is gonna- this is gonna like, fork.
[1957.00 --> 1964.00] And then instead of $50, I'm gonna have $25 and 25 doll hairs.
[1964.00 --> 1965.00] You know-
[1965.00 --> 1966.00] But one thing- one thing that's-
[1966.00 --> 1970.00] And then- and then one of them might go up, and one of them might go down.
[1970.00 --> 1972.00] So I have to like make- I have to be following the news.
[1972.00 --> 1977.00] I have to make a bet on which one I think is gonna be the one that goes up.
[1977.00 --> 1978.00] Otherwise I can get-
[1978.00 --> 1980.00] But then there's also- there's also huge benefits that are happening for it.
[1980.00 --> 1987.00] Where like, uh, smartphones now carrying your standard credit card and being able to tap to pay.
[1987.00 --> 1988.00] Yes.
[1988.00 --> 1994.00] Is it naturally extremely easy and already happening for Bitcoin.
[1994.00 --> 1995.00] Right.
[1995.00 --> 2002.00] So like the- the normal financial institutions going like, hey, we want to modernize and do this thing, already works for Bitcoin.
[2002.00 --> 2005.00] So it's not weird for consumers to switch to that.
[2005.00 --> 2006.00] So like there's- I don't know.
[2006.00 --> 2007.00] It's a very weird space.