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Nvidia reports positive Q4 financials
Reported by Sub on Thursday, February 18 2010 7:33 pm
Nvidia may be without a competitive Geforce product. However, surprisingly, that has not stopped Nvidia from recovering in Q4 of Nvidia's 2010, which lasts from October 26th, 2009 to January 31st, 2010. An impressive revenue of $982 million almost doubled compared to the recession hit Q4 2009 (i.e. Oct 26th 2008 to Jan 25th 2009). Net income was reported at $131 million. Nvidia's net income for the whole of FY 2010 was $141 million, with revenues of $3.3 billion.More next page.
Nvidia may be without a competitive Geforce product. However,
surprisingly, that has not stopped Nvidia from recovering in Q4 of
Nvidia's 2010, which lasts from October 26th, 2009 to January 31st,
2010. An impressive revenue of $982 million almost doubled compared to
the recession hit Q4 2009 (i.e. Oct 26th 2008 to Jan 25th 2009). Net
income was reported at $131 million. Nvidia's net income for the whole
of FY 2010 was $141 million, with revenues of $3.3 billion.
So, where did Nvidia make all this money, against all odds? Nvidia recorded strong surges in high margin Quadro workstation market. Notebook GPU revenues were up 27%. Importantly, these are two markets ATI had not yet penetrated with the Evergreen series. Even Geforce desktop GPU revenues were up - possibly thanks to the "new" Geforce 210, GT 220 and the "newer" Geforce 300 rebrands. Worth noting is that ATI once again did not introduce the HD 5000 entry level competitors till early February.
Overall, Nvidia's financial results for Q4 have been surprisingly positive, despite a major disadvantage in technology. Proof again, then, of the strength of marketing.
Moving forward, Nvidia expects revenues to remain flat from Q4.
Reference: Nvidia
So, where did Nvidia make all this money, against all odds? Nvidia recorded strong surges in high margin Quadro workstation market. Notebook GPU revenues were up 27%. Importantly, these are two markets ATI had not yet penetrated with the Evergreen series. Even Geforce desktop GPU revenues were up - possibly thanks to the "new" Geforce 210, GT 220 and the "newer" Geforce 300 rebrands. Worth noting is that ATI once again did not introduce the HD 5000 entry level competitors till early February.
Overall, Nvidia's financial results for Q4 have been surprisingly positive, despite a major disadvantage in technology. Proof again, then, of the strength of marketing.
Moving forward, Nvidia expects revenues to remain flat from Q4.
Reference: Nvidia
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