Zarolho
Power Member
NVIDIA reports a 36 percent increase from last quarter
NVIDIA today reports increased revenue for its second fiscal quarter of 2008. The company claims this is a quarter-over-quarter 36 percent increase for a record $935.3 million in revenue, up from $687.5 million. Net income for the second fiscal quarter was $172.7 million, computed by the generally accepted accounting principles, or GAAP. The company claims a non-GAAP net income of $198.1 million.
"NVIDIA delivered an outstanding quarter, with record revenue, record gross margin, and record net income. These results reflect the growing importance of the GPU as well as great execution across the company," said Jen-Hsun Huang, president and CEO of NVIDIA.
NVIDIA continues to maintain a market share lead, according to the latest Mercury Research numbers. The latest research shows NVIDIA claiming a 66 percent share of the standalone market and 65 percent of the total desktop standalone market. The company also holds a 64 percent share of the DirectX 9 and 75% of the DirectX 10 market, although AMD only recently launched DirectX 10 products last May and did not ship mainstream parts until the June-July timeframe. Additionally, the company claims a 68 percent market share in notebook markets.
The company attributes its market share growth to the growing size of the GPU market, the Vista experience is better with a GPU, DirectX 10 applications taxing systems and the advent of Blu-ray and high definition video, according to Huang during the Q2 2008 earnings conference call.
“Our mainstream DX10 GPUs entered the market a solid one-two quarters ahead,” Huang said. “The momentum is very strong. The market share data reflects that.”
NVIDIA declined to comment on its next-generation graphics processor. However, the company remains committed to the usual launch rhythm, which usually has a high-end part in the fall and mainstream parts to follow in the spring.
The fabs used by NVIDIA are at capacity, according to the company. “We would like more wafers, so there is a limitation there,” Huang said. However, the company does not plan on qualifying new foundry partners at this time.
http://www.dailytech.com/NVIDIA+Reports+Record+Revenue/article8371.htm
NVIDIA today reports increased revenue for its second fiscal quarter of 2008. The company claims this is a quarter-over-quarter 36 percent increase for a record $935.3 million in revenue, up from $687.5 million. Net income for the second fiscal quarter was $172.7 million, computed by the generally accepted accounting principles, or GAAP. The company claims a non-GAAP net income of $198.1 million.
"NVIDIA delivered an outstanding quarter, with record revenue, record gross margin, and record net income. These results reflect the growing importance of the GPU as well as great execution across the company," said Jen-Hsun Huang, president and CEO of NVIDIA.
NVIDIA continues to maintain a market share lead, according to the latest Mercury Research numbers. The latest research shows NVIDIA claiming a 66 percent share of the standalone market and 65 percent of the total desktop standalone market. The company also holds a 64 percent share of the DirectX 9 and 75% of the DirectX 10 market, although AMD only recently launched DirectX 10 products last May and did not ship mainstream parts until the June-July timeframe. Additionally, the company claims a 68 percent market share in notebook markets.
The company attributes its market share growth to the growing size of the GPU market, the Vista experience is better with a GPU, DirectX 10 applications taxing systems and the advent of Blu-ray and high definition video, according to Huang during the Q2 2008 earnings conference call.
“Our mainstream DX10 GPUs entered the market a solid one-two quarters ahead,” Huang said. “The momentum is very strong. The market share data reflects that.”
NVIDIA declined to comment on its next-generation graphics processor. However, the company remains committed to the usual launch rhythm, which usually has a high-end part in the fall and mainstream parts to follow in the spring.
The fabs used by NVIDIA are at capacity, according to the company. “We would like more wafers, so there is a limitation there,” Huang said. However, the company does not plan on qualifying new foundry partners at this time.
http://www.dailytech.com/NVIDIA+Reports+Record+Revenue/article8371.htm