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Friday 9 November 2012

Nvidia Q3 earnings see 30 percent of revenue come from cell phone.

Nvidia released their Q3 earnings today buying enough boasting record numbers, the full story is more than what amount cash they made. The recent numbers saw 30 percent of the company's earnings come from mobile, a leap of 27 percent in 36 months.

In the post earnings seminar call, Nvidia CEO Jen-Hsun Huang, said that "consumers realize a great tablet is superior to a cheap PC. " Intriguing words taking into consideration the larger share of Nvidia's income still derives from the PC market, but perhaps relates to the ever changing times we find ourselves in. Huang also said that demand with the Tegra 3 chipset for both equally Android devices, as well for the reason that new Microsoft Surface tablet, is helping offset the slump in requirement for PC's.



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