Nvidia Reports Positive Q4 Results on GPU Sales
Still making money!
Nvidia may still be without a DirectX 11 part on the market, but it's still reporting good results for its investors. Nvidia this week reported revenue of $982.5 million for the fourth quarter of fiscal 2010 ended Jan. 31, 2010, up 9 percent from the previous quarter and more than double the $481.1 million reported in the same period a year earlier. For the full fiscal year, revenue was $3.3 billion compared with $3.4 billion for the fiscal year ended Jan. 25, 2009, a decrease of 3 percent.
Quarter on quarter, desktop GPU revenue was up 19 percent, notebook GPU revenue was up 27
percent and Quadro graphics revenue was up 25 percent.
"Nvidia's business continued to accelerate in the fourth quarter, with strong demand in our PC and workstation markets," said Jen-Hsun Huang, Nvidia's president and chief executive officer.
"While the yield of chips made using the latest 40nm process has improved significantly, demand continues to exceed our constrained supply. Looking ahead this year, we are excited to raise the bar again with our next-generation Fermi GPU architecture; our Tegra mobile processor will enable a new class of amazing mobile devices like tablets; and our 3D Vision glasses and accompanying technology will bring a whole new dimension to personal computing."