NVIDIA sales up 51 percent in Q1 2010
NVIDIA announced first quarter sales of $1 billion with a profit of $137.6 million, or 23 cents per share, compared to revenue of $664.2 million and a loss of $201.3 million, or 37 cents per share, in the same period the year before.
The GPU maker beat analysts expectations, but NVDA shares plunged to $14.03 (-3.62%) in after-hours trading because the forecast for the current quarter is lower than analysts had anticipated.
Analysts had expected the graphics chip company to report earnings of 21 cents a share, on revenue of $986.2 million, according to a consensus survey by Thomson Reuters.
For the current quarter, the company said it expects revenue to be seasonally down 3% to 5% sequentially. That translates to a revenue range of roughly $950 million to $970 million.
Analysts currently expect Nvidia to report revenue of $990.9 million, according to data from Thomson Reuters.
NVIDIA still leads discrete GPU market GPU sales drop - 08/24/2011 09:15 AM
The latest discrete graphics card marketshare data from Jon Peddie Research indicate that NVIDIA's marketshare is up 1.1 percent year-over-year, while AMD lost 0.8 percent. However, the raw data also ...
NVIDIA Synergy to be launched at Computex - 04/25/2011 09:00 AM
NVIDIA plans to introduce its Synergy (desktop edition of Optimus) technology at Computex.
NVIDIA starts selling their own graphics cards in USA - 10/05/2010 10:45 AM
It is the weirdest thing, NVIDIA can sometimes move in mysterious ways, and well .. in the past has stepped on the toes of many of it's AIB/AIC partners. A while ago after the demise of BFG there alre...
NVIDIA settles faulty GPU class action suit - 10/01/2010 11:50 AM
NVIDIA has reached a settlement in the class action suit about the faulty GPUs the company shipped between 2006 and 2009. Owners of Apple, Dell or HP laptops with affected GPUs are eligible for some f...
NVIDIA System Tools 6.06 out for grabs - 04/15/2010 05:39 AM
There is a new version of NVIDIA System Tools that came out a few days ago. This release is version 6.06, previous version was 6.05. This version adds support for the 400 series cards, no word on any ...