Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 09 November 2007 12:04

Nvidia more than doubles its profit

Written by Fuad Abazovic

Image

120 percent better in notebooks


Nvidia is happy, as the company has more than doubled its profit in Q3. Graphzilla earned $235 million, or 38 cents per share, vs. $106.5 million, or 27 cents per share at this time last year.

Nvidia did better than Wall Street had expected, as its shares went up 8.1 percent of $2.76 in extended trading Thursday. We are sure that Nvidia will go further up today as it closed at a disappointing $33.84, almost 5 percent down prior this announcement. Intel, AMD, Google and Apple went down at the same time, so this was something that hit all tech companies and set Google back below the $700 mark.

Chief Financial Officer, Marvin Burkett, told investors that Nvidia was largely able to overcome manufacturing limitations during Q3 but he confirmed that Nvidia cannot produce enough chips to meet demand.

Nvidia’s notebook graphics chips sales are up 120 percent year over year, while desktop sales increased by 33 percent. Nvidia has never done better and we expect that Q4 will be even better. You can read more about it here.

 

 

Last modified on Saturday, 10 November 2007 19:40
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments