NVIDIA posts fiscal Q3 2012 profit of $178.3 million
NVIDIA reported its fiscal Q3 2012 results:
-- Revenue increased 4.9 percent to $1.07 billion from $1.02 billion in the previous quarter.
-- GAAP net income was $178.3 million, or $0.29 per diluted share; non-GAAP net income was $217.0 million, or $0.35 per diluted share.
-- GAAP gross margin increased to 52.2 percent; non-GAAP gross margin increased to 52.5 percent from the second quarter's 51.9 percent. Both are records for the fifth consecutive quarter.
NVIDIA (NASDAQ: NVDA) today reported revenue of $1.07 billion for the third quarter of fiscal 2012 ended Oct. 30, 2011, up 4.9 percent from the prior quarter, and up 26.3 percent from $843.9 million in the same period a year earlier.
On a GAAP basis, the company recorded net income of $178.3 million, or $0.29 per diluted share, for the third quarter of fiscal 2012. That compares with net income of $151.6 million, or $0.25 per diluted share, in the prior quarter and $84.9 million, or $0.15 per diluted share, in the same period a year earlier.
On a non-GAAP basis -- which excludes stock-based compensation, amortization of acquisition-related intangible assets, other acquisition related costs, and the tax impact associated with these items -- net income was $217.0 million, or $0.35 per diluted share. That compares with net income of $193.5 million, or $0.32 per diluted share, in the prior quarter, and net income of $117.4 million, $0.20 per share, in the same period a year earlier.
GAAP gross margin was 52.2 percent, a fifth consecutive record, compared with 51.7 percent in the previous quarter and 46.5 percent in the same period a year earlier. Non-GAAP gross margin, at 52.5 percent, was also a record, and compares with 51.9 percent in the prior quarter and 46.8 percent in the same period a year earlier.
"NVIDIA's strategy is coming into its own, as the world becomes increasingly visual and mobile," said Jen-Hsun Huang, president and chief executive of NVIDIA. "Our GPU business accelerated in the third quarter, driven by strong demand from gamers and the professional market. And our mobile business benefited from new devices coming onto the market. With Tegra 3 phone wins well ahead of Tegra 2's pace, we're expecting strong growth in the year ahead."
Our outlook for the fourth quarter of fiscal 2012 is as follows:
-- Revenue is expected to be relatively flat, plus or minus two percent, from the third quarter.
-- GAAP and non-GAAP gross margins are expected to be flat to up 0.5 percentage points from the respective GAAP and non-GAAP gross margins in the third quarter.
-- GAAP operating expenses are expected to be approximately $372 million; non-GAAP operating expenses are expected to be approximately $330 million.
-- Our GAAP and non-GAAP tax rates are both expected to be between 14 to 16 percent, excluding any discrete tax events that may occur in the quarter.
We estimate depreciation and amortization for the fourth quarter to be approximately $53 million to $57 million. Capital expenditures are expected to be in the range of $30 to $40 million.
Diluted shares for the fourth quarter are expected to be approximately 618 million.
Third Quarter Fiscal 2012 and Recent Highlights:
-- NVIDIA launched Tegra 3, the world's first quad-core processor for super phones and tablets, bringing PC-class performance levels to tablets and phones. Simultaneously, Asus announced that its Eee Pad Transformer Prime, the first device based on Tegra 3, will be available worldwide in December.
-- In addition, NVIDIA and its partners added three more Tegra(R)-based superphones to the eight already available -- LG Optimus EX, LG Optimus BQ and Motorola Electrify. They also added 13 new tablets, bringing the total to 23. New models include the Asus Slider, Sony Tablet S, Sony Tablet P, Toshiba Scorpio 7", Acer Iconia A100, Sharp Galapagos E-Reader, Dell Streak 10, Lenovo ThinkPad, and Samsung's Galaxy Tab 8.9.
-- NVIDIA Tesla processors were chosen by Oak Ridge National Laboratory, which will deploy 18,000 of them in its new machine, "Titan," expected to be the world's fastest supercomputer, with the potential to deliver speeds of over 20 petaflops.
Kingdom Under Fire II Trailer
Cooler Master Silencio 550 review
Cooler Master went back to the drawing table and improved the Silencio 550 as shown today with better cable routing, all black interior and an extra retaining hole. Obviously there are many ways to get the noise levels down with good cooling solutions and silent fans. But an overlooked part of the PC is the chassis itself.
With the side panels covered and very little airflow meshes to see the chassis still remains spacious enough for a mid-tower. You can house a good seven 3.5-inch hard disk drives inside, and a 2.5-inch tray will allow you to mount a SSD (solid state drive).
Read the review right here.
Coolink Corator DS Compatible with Socket LGA2011
Coolink today presented its first CPU cooler to support the upcoming Intel LGA2011 platform for Core i7-3000 series Sandy Bridge-E processors. Based on the award winning Corator DS, the new Corator DS
BitFenix Raider mid-tower chassis
BitFenix presents Raider, a mid-tower ATX case with four USB 3.0 ports, three 120mm Spectre fans, an integrated fan controller, SoftTouch surface, and a removable HDD cage wall. The MSRP is 79EUR (incl. 19% VAT, and $89 in the US).
Today, premier PC hardware designer BitFenix is pleased to announce our latest mid-tower ATX chassis design
Assassin's Creed: Revelations - Launch Trailer
Steam Forums got hacked
Steam's database, which contains users' personal and encrypted credit card information, has been hacked. Founder Gabe Newell sent an email to users and posted on the Steam Forum, reporting that Steam's forums were defaced on November 6. Upon investigation, he said, Valve found Steam's database had been hacked as well.
As with any account anywhere, change yours passwords on a regular basis.
Dear Steam Users and Steam Forum Users:
Our Steam forums were defaced on the evening of Sunday, November 6. We began investigating and found that the intrusion goes beyond the Steam forums.
We learned that intruders obtained access to a Steam database in addition to the forums. This database contained information including user names, hashed and salted passwords, game purchases, email addresses, billing addresses and encrypted credit card information. We do not have evidence that encrypted credit card numbers or personally identifying information were taken by the intruders, or that the protection on credit card numbers or passwords was cracked. We are still investigating.
Corsair SATA 3 Performance Pro SSD Line
Corsair announced the Performance Pro Series SSDs. The Performance Pro Series, designed with the Marvell SATA 6 Gb/s SSD controller, delivers an impressive ATTO Max performance of up to 515MB/s Sequential Read and 440 MB/s Sequential Write, and can sustain very similar performance when reading and writing compressed and non-compressible data, such as audio, images, and video files. Additionally, the Performance Pro Series has built-in advanced background garbage collection to allow for consistently strong performance even with operating systems that do not support the TRIM command. This integral performance optimization makes Performance Pro SSDs an ideal solution for RAID configurations, which typically do not support TRIM.
Performance Pro solid-state drives provide fast SATA III connectivity that pushes the limits of the new SATA III 6Gb/s interface. They are also backward compatible with SATA 2 3GB/s, and include an 3.5" adapter for easy installation in both laptop and desktop PCs.
"We are pleased to provide a fast SATA 3 SSD that's designed specifically for real-world performance," said Thi La, Vice President of Memory Products at Corsair. "High-performance PC users work heavily with media files, and unlike some other SSDs, the Performance Pro can save, load and move music, photos and movies without significantly reduced performance. It offers consistent, reliable speed regardless of whether you're running Windows, OS X or Linux, and whether you're using a single drive or a RAID configuration."
=The new Performance Pro Series SSDs are backed by a three-year warranty and are available in 128GB and 256GB configurations from authorized distributors and retailers worldwide.
GeForce Forceware 285.79 out for grabs
A new GeForce driver is available, meet 285.79 which is an official beta release. We have a discussion thread open on this driver over here.
New in Version 285.79
- Includes several bug fixes and performance improvements for Battlefield 3.
- Fixes cases of irregular performance (stuttering) primarily seen on DirectX 10 GPUs. The fix improves the performance of both DX10 and DX11 GPUs.
- Fixes shadow map corruption seen with DirectX 10 GPUs.
- Fixes cases of black corruption lines/triangles with DirectX 10 GPUs.
- Fixes black screen during playback using Windows Media Center.
- Added or updated SLI profiles for the following games:
- Aion v3.0
- Anno 2070
- Assassins Creed: Revelations
- Need for Speed: The Run
- Payday: The Heist
- The Adventures of Tintin
- The Elder Scrolls 5: Skyrim
- Added or updated the following 3D Vision game profiles:
- Airline Tycoon 2
Intel 2013 Haswell CPUs Get Detailed
Haswell will be a
Radeon HD 7900 Tahiti GPUs to Arrive in January 2012
Awaited with great interest by gamers and enthusiasts alike, AMD's Tahiti graphics cores, which will most probably arrive in the company's Radeon HD 7900 product line and are expected to get released in January of 2012, according to a recent report, says softpedia:
Graphics cards based on the Tahiti GPU will come as a replacement for the company's current Radeon HD 6900 range and AMD plans to build two different SKUs of this chip, dubbed Tahiti Pro and Tahiti XT.
A dual-GPU version will also be released later in 2012, possibly until the end of Q1 2012, which will most probably be known as the Radeon HD 7990.
All three of these graphics cards will be significantly more powerful than their current counterparts, since the move to the 28nm fabrication process enabled the chip maker to improve upon the specifications of its GPUs.
In addition, both Radeon HD 7950 and Radeon HD 7970 reference designs will come with an improved cooling system that replaces the traditional vapor chamber technology used for high-end parts with a liquid chamber. AMD said during a previous event that the new cooling solution brings a series of improvements over the old technology while also being easier to manufacture.
OCZ PC Power & Cooling Silencer Mk III PSUs
Xigmatek Midgard II mid-tower chassis
Xigmatek debuts the Midgard II, a new mid-tower case with USB 3.0, a rubberized surface feel, a hot-swap bay, and room for up to eight fans and a 280mm radiator.
The successor of the popular Midgard Mid-Tower is getting ready to step up to the plate. Xigmatek has once again managed to fill the Midgard II with a long list of unique features for the demanding PC enthusiast. Just to name a few: USB 3.0, a rubberised surface by the name of "Leather Touch", a hot-swap bay in the top, room for up to eight fans and a 280 mm radiator - all for an unbelievably low price!
When Xigmatek presented the original Midgard in 2009 as their first chassis, it managed to capture the hearts of PC users all over the world. The reviewers praised it, the users loved it. This secret behind its continuing success is quite simple: at the time, the Midgard was at the top of its game in terms of technical aspects by offering eSATA, hard drive trays and screw-less installation methods along with the possibility to route water cooling out the back of the chassis.
On top of that, it impressed with space for a large number of fans and excellent cable management possibilities. Xigmatek was one of the pioneers behind the all black interior which has now become a standard in the industry. Even though the original Midgard offered such extensive features, it took the market by storm because of the unbeatable value. The question remains if Xigmatek is able to repeat this success with the new Midgard II. The answer is clear: YES!
On the exterior, the Midgard II utilizes the same metal mesh accents as the original Midgard, but Xigmatek goes a step further by employing a new surface material, proof that the designers have are always at the forefront of the newest developments in the case market. The top and front panels of the chassis feature this new surface by the name "Leather Touch", which resembles that of some of the best gaming mice in the world.
Behind the dust filter protected front mesh, there is space for two 120 mm fans, with one such unit being present out of the box to cool the hard drive bays. A second unit has been placed in the rear of the chassis to expel hot air out the back. Two 120 or 140 mm units may be installed in the top of the case, while the side panel also offers space for two additional fans. Lastly, there is one more spot in the floor of the Midgard II, next to the dust filter protected opening for the bottom mounted power supply. This PSU bay is lined with foam to eliminate vibrations with the help of the four rubber mounts on which the power supply rests.
The Midgard II also offers an extensive cable management system with multiple openings and clips, making a clean interior a definitive possibility, while the large hole under the mainboard tray allows for easy access to the CPU cooler backplate. In addition, the chassis also features water cooling holes and a screw-less system for the three 5.25 inch slots, while the PCI slots are secured with easy to use thumb screws.
A brand new feature is the docking station in the top panel of the chassis, allowing you to utilize the hot-swap capability of modern hard drives - including the newest ones with SATA 6Gbps. Due the dual-cover design, it can easily be equipped with 2.5 or 3.5 inch units. Op top of that the Midgard II features two current USB 3.0 along with two USB 2.0 connectors and a pair of audio connectivity. Another unique feature is the possibility to install a slimline optical drive without blocking one of the 5.25 inch bays. Xigmatek includes the appropriate tray and front cover for such a usage scenario.
The Midgard II can hold up two six 2.5 or 3.5 inch hard drives, utilizing separate hard drive trays. 3.5 inch units can be installed without the use of additional tools, thanks to the embedded metal pins in each tray, For those with extra long graphic cards up to 33 cm in length, the top cage may be removed to free up the required space.
With this long list of features, along with the Xigmatek "Mono Cool" fan controller to control up to three fans, the Midgard II manages to deliver all the attribute to become just as successful as its predecessor, while continuing to deliver an unbelievable price point.
The Xigmatek Midgard II Midi-Tower - black will be available at the end of November for a price of 69,90 Euro.
Kingston SSDNow V200 SSDs hit the market
Kingston revealed its next generation of entry-level SSDs, the SSDNow V200 series.
Kingston Digital, Inc., the Flash memory affiliate of Kingston Technology Company, Inc., the independent world leader in memory products, today announced the next generation of its entry-level, budget SSDNow V Series. The SSDNow V200 helps consumers revive their current PC and extend the life of their investment. The SSDNow V200 brings value and performance to consumers who are looking for an inexpensive upgrade option to boost their computer's performance.
The SATA Rev 3.0 (6Gb/s) SSDNow V200 is nearly twice as fast as the previous V100 SSD* (figure 1). It is also up to 20 percent less in price than its predecessor SSDNow V100 drive making it one of the best price/performance SSD solutions in the marketplace1. With better performance and a lower cost, the value-driven SSDNow V200 is perfect for cost-conscious consumers who are looking to upgrade to Flash-based, hard-drive solutions for the first time.
The SSDNow V200 is available in 64GB, 128GB and 256GB capacities as either a stand-alone drive or as an upgrade kit to make installation easy. The desktop bundle kit includes the SSD, cloning software, DVD with step-by-step installation video, cables (SATA data and power), and 3.5" hard-drive mounting brackets and hardware. The notebook bundle includes the SSD, DVD with step-by-step installation video, cloning software and a 2.5" external enclosure for easy OS and data transfer from HDD to SSD during cloning.
The World of Skyrim
New Call of Duty Confirmed for 2012
Activision has already announced plans for another Call of Duty title next year, as Modern Warfare 3 posts the largest day-one shipments in gaming history.
On top of that, Activision is promising at least two titles from Blizzard next year.
It doesn't take a seasoned industry watcher to guess that Activision's blockbuster Call of Duty series--an annualized franchise since 2005--wouldn't make it through 2012 without a new release. The publisher confirmed as much in its quarterly earnings report, adding that today's launch of Call of Duty: Modern Warfare 3 boasted the largest day-one shipments in gaming history. "As we focus on 2012, we have a strong product pipeline which features a minimum of two highly-anticipated new titles from Blizzard Entertainment, including Diablo III, and a new Call of Duty game from Activision Publishing,"
Activision CEO Bobby Kotick said in a statement accompanying the publisher's quarterly report. Beyond Diablo III, Blizzard has an assortment of projects in the works, including the World of Warcraft expansion Mists of Pandaria, Starcraft II: Heart of the Swarm, Blizzard DOTA, and a still-unannounced massively multiplayer online role-playing game developed under the code-name Titan.
Effectiveness Of Jets Vs Ground Targets In BF3
Noctua Introduces NF-F12 Focused Flow Fan
Noctua today introduced the new NF-F12 120mm Focused Flow fan. Teaming up eleven stator guide vanes with a specially conceived seven blade impeller, the NF-F12