Feeds

Nvidia fires on all cylinders

And Xbox is still to come

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Nvidia topped expectations for the fourth quarter, attributing growth to markets beyond the PC.

The graphics chip firm today reported net income of $31.1 million, or $0.38 per share, for the quarter ended January 28 2001. Analysts were expecting $215 million, and this figure compared to $14.6 million, or $0.19 per share, for the fourth quarter of fiscal 2000.

Sales for the period were up 70 per cent to $218.2 million - despite the quarter forcing many companies in the IT industry to cut or miss sales forecasts. The US accounted for 12 per cent of revenue, Asia 79 per cent, and Europe nine per cent.

The California-based manufacturer said it was comfortable with sales forecasts for fiscal 2001 - revenue is expected to grow 50 per cent.

In December the company said it would shell out $112 million to buy rival 3dfx.

It is also obviously still grinning from ear to ear over its agreement with Microsoft to provide chips for its Xbox games console - execs said several times they expected this to contribute a "substantial share of revenues" to the company this year. "We will leverage the Xbox architecture to build a family of products for value PCs and Internet appliances," said Jen-Huen Huang, Nvidia president and CEO. Microsoft is expected to start shipping its console in Autumn.

Nvidia was reluctant to play down its desktop PC business - but seems to be pinning its hopes on further growth in sectors outside this sector, especially in mobile computing, Apple products, and workstations.

It also repeated its intention to use the Voodoo brand to increase its retail presence in the next year. ®

Related Stories

Nvidia agrees to buy ailing 3dfx for $112 million
Nvidia nabbing 3dfx staff already
Nvidia in Sharky infested water
TSMC starts fabbing Nvidia Xbox chips

Choosing a cloud hosting partner with confidence

More from The Register

next story
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
4chan outraged by Emma Watson nudie photo leak SCAM
In the immortal words of Shaggy, it wasn't me us ... amirite?
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.