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
January 26, 2020 
Main Menu
News archives

Who's Online
There are currently 85 people online.


Latest Reviews
Ewin Racing Flash gaming chair
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset

Follow us

NVIDIA earnings down but better than anticipated

Posted on Friday, August 09 2013 @ 15:04:40 CEST by

NVIDIA announed a second quarter revenue of $977.2 million and a net income of $96.4 million, versus a revenue of $1.04 billion and net income of $119.0 million in the year before period. The results are slightly better than anticipated, but the forecast of a $1.05 billion revenue in the current quarter is slightly below expectations.

The graphics giant is suffering from high competition in a declining PC market, and saw its Tegra revenue collapse to only $52.6 million, down 71 percent from the previous year. NVIDIA CEO Jen-Hsun Huang blamed one very important platform for the poor sales of the Tegra division. He didn't actually name the platform, but it's pretty clear that Huang is referring to the failed Windows RT platform. It appears NVIDIA made a wrong bet by dedicating its resources to Windows RT and Huang claims the market failure of this platform impacted NVIDIA's bottom line to the tune of up to $300 million.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2019 DM Media Group bvba