Original URL: http://www.reghardware.co.uk/2007/11/09/nvidia_q3_fy2008/
Nvidia last night reported record revenues - for the first time it passed the $1bn mark - when it announced its third-quarter financials. The graphics chip maker's profits were up more than double what they were in the year-ago quarter.
The three months to 28 October 2007 - Q3 FY2008 - yielded the company a net income of $235.7m - 38 cents a share - on revenues of $1.12bn. That's up 121.3 per cent and 36.5 per cent, respectively, on Q3 FY2007's income of $106.5m and $820.6m.
The quarter was well up on Nvidia's Q2 FY2008 performance too, with net income up 36.5 per cent from $172.7m and revenue up 19.8 per cent from $935.3m.
Nvidia's announcement comes a week after market watcher Jon Peddie Research (JPR) reported strong growth in the company's GPU shipments (http://www.reghardware.co.uk/2007/10/29/gpu_market_q3_07/) to the detriment of Intel and, to a greater extent, AMD, owner of Nvidia's arch-rival, ATI.
Nvidia is fast catching up with Intel, long the graphics market leader thanks to its array of PC chipsets that feature integrated graphics engines. According to JPR's numbers, ATI took a big hit when it announced in Q3 2006 that it was merging with AMD, a drop from which it has never recovered.
AMD has said it will launch the world's first 55nm GPU (http://www.reghardware.co.uk/2007/10/24/amd_confirms_rv670_launch_details/), codenamed 'RV670', "mid-November", and it's banking on the new part winning business lost to Nvidia.
AMD loses $1.19bn and CEO Ruiz (17 July 2008)
http://www.theregister.co.uk/2008/07/17/amd_q2_ruiz_out/
Investors shred Intel over double-digit Q4 gains (16 January 2008)
http://www.theregister.co.uk/2008/01/16/intel_q4/
Nvidia 'nveils nForce 7 chipsets (17 December 2007)
http://www.reghardware.co.uk/2007/12/17/nvidia_unveils_nforce_780/
Nvidia on-the-fly GPU switching desktop debut due Q1 '08 (21 November 2007)
http://www.reghardware.co.uk/2007/11/21/hybrid_sli_on_desktops/
Nvdia launches latest laptop graphics chip (19 November 2007)
http://www.reghardware.co.uk/2007/11/19/nvidia_launches_geforce_8800m_gtx/
Nvidia to launch 'G98' GPU next month (15 November 2007)
http://www.reghardware.co.uk/2007/11/15/nvidia_to_launch_g98_next_month/
Revenues and profits up at Norkom (14 November 2007)
http://www.theregister.co.uk/2007/11/14/norkom_revenues_profits_up/
Nvidia to launch top-of-the-line mobile GPU on Monday? (13 November 2007)
http://www.reghardware.co.uk/2007/11/13/nvidia_readies_geforce_8800_gtx/
Sapphire unwraps entry-level AMD 2900 GPU (9 November 2007)
http://www.reghardware.co.uk/2007/11/09/sapphire_unwraps_2900_gt/
Gaming PC makers team for open standard monitoring spec (5 November 2007)
http://www.reghardware.co.uk/2007/11/05/vendors_launch_esa/
Nvidia challenges Intel as PC GPU shipments boom (29 October 2007)
http://www.reghardware.co.uk/2007/10/29/gpu_market_q3_07/
Nvidia introduces 'G92' (29 October 2007)
http://www.reghardware.co.uk/2007/10/29/nvidia_launches_8800_gt/
Intel confirms 'Skulltrail' Quad SLI support (16 October 2007)
http://www.reghardware.co.uk/2007/10/16/intel_skulltrail_gets_quad_sli/
Nvidia ready to roll 'tri SLI' (1 October 2007)
http://www.reghardware.co.uk/2007/10/01/nvidia_ready_to_roll_tri_sli/