Nvidia Profits Tripled In Q4 2016
Nvidia is happy alright, the graphics chip (or should we say parralel computing) company increased its net profit to $ 655 million (614 million euros). That's a tripled compared to the same quarter a year earlier.
The news reaches us thjroug figures of the fourth financial quarter for 2016. Revenues grew to $ 2.17 billion, an increase of 55 percent compared with a year earlier. Revenues from Nvidia's data center division, which manufactures chips for include Amazon, Microsoft and Alibaba also has tripled which summed up towards 926 million USD in revenues.
Nvidia speaks of record figures. "Our GPU platform is increasingly being used for artificial intelligence, cloud computers, gaming and self-propelled vehicles," said Nvidia founder Jen-Hsun Huang.
The company has reached all of its goals that quarter in terms of gaming, visualization, data centers and self-propelled vehicles. Exact figures on some departments have not been shared.
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Nv stock price also up 224% for 2016.
Seems they expect to do even better in 2017. Breakdown of revenue by market area:

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I say there is no competition over last years, NVidia dominated high-end cards market, and games last years demanded high-end gpu-s, AMD dominated low/mid-end card market and low cpu market last years, intel dominated high-end cpu-s last years. AMD didnt focus onlu on gpu or only cpu, they have lower-cards-cpus market, but last years games demand high end components, so there was no competition for nvidia or intel and they can do what they did, when technology going futher and production costs lowerig due new technology they incresaed prices.... I could say there was no competition, they just split market... If they had competition prices would be 4 times lower, look for smarphone market that is healthy competition and you can get high tech for low price
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@Dellers
just because the sellers charge you twice as much, doesn't mean Nv gets twice as much money.
and how much faster is the 1080 (vs 980) ??
and its not like someone buying a 1080 (plus the "needed" hardware to run it at expected performance level), will have to turn around a go to salvation army the next day to feed their family.
besides that, no one gets forced to buy certain hardware, last time i checked,
and anything that's not food/cloth/shelter (maybe even transportation),
is WANT, not NEED.
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@Dellers
and how much faster is the 1080 (vs 980) ??
Each generation of smartphones are 2-5x faster then previos, but they are cheaper and cheaper
btw did you know that production cost of that 9000$ intel procesor is the same as 500$ procesors? and maybe even lower because of clocks? but there is no competition
@Dellers
besides that, no one gets forced to buy certain hardware, last time i checked.
Game market forcing you to buy high-end cards, if you not buy game will be unplayable, but game market is influenced by gpu market, they even pay them to games have high requarment and play only on theirs gpu, it is the same forced business like microsoft doings, when you have to have lastest bloatware system with only apps from their market because lastest cpu and gpu and games will work only on that, because they payed for that and they get profit from that
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Not surprising considering the fact that for instance the 1080 was 27% more expensive in dollars than the predecessor. Quite surprising that they're selling well with that price increase combined with the expensive dollar. GPU prices have doubled here in Norway in a very short time.