DV Hardware bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
October 28, 2016 
Main Menu
News archives

Who's Online
There are currently 100 people online.


Latest Reviews
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
ZOWIE G-TF Rough mousepad
ROCCAT Isku FX gaming keyboard
Prolimatech Magnetic Pin

Follow us

NVIDIA jumps over $1 billion revenue in Q3

Posted on Friday, November 09 2007 @ 16:16:43 CET by

Booming sales of notebook GPUs doubled NVIDIA's third quarter revenue to $1.12 billion. NVIDIA had a net profit of $235 million, which is more than twice as much as last year's $106.5 million.

The graphics firm says sales of notebook GPUs increased 120% year-over-year, while desktop GPUs increased 33%.
The Santa Clara, Calif., company rang up $1.12 billion in sales in the three months ended October 28, a 19% sequential increase that crushed the company's own guidance of 5% to 7% growth as well as Wall Street's expectation of $1.01 billion.

The booming demand for graphics processors appears to have surprised Nvidia, which had cautioned that business might begin to cool in the third quarter.

"Our concerns at the beginning of the quarter as to the sustainability of strength we saw in Q2 never manifested," Chief Financial Officer Marvin Burkett told investors in a post-earnings conference call.

And Burkett said the company was largely able to overcome manufacturing limitations during the third quarter, although he noted that Nvidia is still unable to produce enough of certain types of chips to meet demand.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2016 DM Media Group bvba