Tuesday, March 31, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung, LG End Legal Disputes
IBM Connects Internet of Things to the Enterprise
Project Spartan Web Browser Included In Latest Windows 10 Build
Google Now Offers A Gmail For Android Users
Jay-Z Challenges Launches Updated Tidal Music Service
Apple Offers Trade-in Program For Android, Blackberry And Windows Phones
Kingston Releases New USB 3,0 Media Reader
Amazon Starts Offering Home Services
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 Home > News > Graphics Cards > NVIDIA ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, August 09, 2013
NVIDIA Second Quarter Results Down; Company Works With Microsoft On New Surface RT


For the latest fiscal quarter, Nvidia saw both revenue and earnings go down compared to the same quarter a year ago.

NVIDIA reported revenue for the second quarter of fiscal 2014, ended July 28, 2013, of $977.2 million, up 2.4 percent from $954.7 million in the previous quarter. GAAP earnings per diluted share were $0.16, up 23.1 percent from $0.13 in the previous quarter. Non-GAAP earnings per diluted share were $0.23, up 27.8 percent from $0.18 in the previous quarter.

"The GPU business continued to grow, driving our fourth consecutive quarter of record margins," said Jen-Hsun Huang, president and chief executive officer of NVIDIA. "We also began shipping GRID virtualized graphics, which puts the power of NVIDIA GPUs into the datacenter. We look forward to a strong second half, with new Tegra 4 devices coming to market, SHIELD moving beyond the U.S. and broader sampling of Project Logan, our next-generation Tegra processor, which brings Kepler, the world's most advanced GPU, to mobile."

The company is expecting Tegra chip revenue to drop by as much as 40 percent this year, with the company indirectly blaming Microsoft's Windows RT OS for the decline.

"We don't expect as much return from the investment as we had hoped," CEO Jen-Hsun Huang said on a Thursday conference call. He said the expected shortfall was related to one particular platform, and though he didn't name it, the reference to Windows RT was clear.

Microsoft and Nvidia worked together to make Windows RT operate on Nvidia's Tegra 3 chips. Microsoft's Surface RT tablet, Asus' VivoTab RT and Lenovo's Yoga 11 are among the Windows RT tablets that have been introduced with Tegra 3 chips. Lenovo has already pulled sales of Yoga 11 on its website.

Nvidia is also working with Microsoft on the next version of the Surface RT, Huang revealed during an interview with CNet. He stated that Microsoft Outlook, which is not available for current Windows RT models, will be "the killer app." Microsoft announced in June that Windows RT 8.1 will add Outlook support.

In an attempt to boost adoption of Surface RT, Microsoft recently slashed the device's price by $150, bringing the base model down to $349. Microsoft's Surface Pro, which runs the full version of Windows 8, was also recently discounted. It dropped by $100, making the base model $799.


Previous
Next
Pioneer at IFA 2013        All News        SATA-IO Announces SATA Revision 3.2 Specification
AMD Winner in Q2, Nvidia Down, Intel up     Graphics Cards News      Global PC Gaming Hardware Sales Shrug off PC Market Decline

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung Listed In Nvidia's Chip Providers
Nvidia Unveils Quadro M600 And new Quadro VCA
Nvidia Unveils The Titan X GPU, New DIGITS Training System and DevBox
New GeForce GTX 960M, 950M Notebook GPUs Power New Notebooks
The Witcher 3: Wild Hunt Gets an Epic Bundle
Nvidia Demonstrates The Massive Titan X Graphics Card
Nvidia CEO Apologizes For GTX970 Memory Issue
GPU shipments Dropped in Q4, Nvidia Had a Small Gain
Nvidia Sued Over Misleading GTX 970 GPU Performance Claims
Nvidia Enables Mobile GPU Overclocking Again
No More Overclocking For Nvidia Series 900 Mobile GPUs
Nvidia Reports Strong Q4 Results

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .