Nvidia's profits up 74% in third quarter

By Matthew ยท 16 replies
Nov 6, 2009
  1. Nvidia has reported a 74% rise in profit for the third quarter of fiscal 2010, which ended October 25. During the recently closed quarter, Nvidia posted revenue of $903.2 million, a 16% increase on quarter and up slightly from a year ago. Net income for the third quarter was $107.6 million ($.19 per diluted share), which compares to last year's net income of $61.7 million ($.11 per diluted share).

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  2. Captain828

    Captain828 TS Guru Posts: 287   +10

    Curious how they still haven't announced the release date for Fermi.
  3. Eddie_42

    Eddie_42 TS Rookie Posts: 173

    Whooo!!! Go Go NVidia (fanboy). Its good to see computer chip makers surviving, and in this case thriving. The market has been tough for the past year-ish. Lots of R&D and jobs involved.
  4. pioneerx01

    pioneerx01 TS Guru Posts: 277

    And wait until they release their new stuff. Radeon better have something ready to compete.
  5. njel

    njel TS Rookie Posts: 24

    I love nVidia.
    I will never buy a Radeon,
    I suppose there will be somebody here who will say the opposite...
    I don't care, I am happy with my nVidia cards... :)
  6. Nirkon

    Nirkon TS Enthusiast Posts: 202

    Does ATI have anything similar?
    I mean Flash acceleration with GPUs seems like a huge breakthrough to me...
    ATI must have a deal of its own with Adobe am I right?
  7. Timonius

    Timonius TS Evangelist Posts: 647   +58

    Don't know about the Adobe-ATI connection but not having flash/gpu support pisses me off. I have a 3ghz p4 and a 9600gt and 15mbps high speed and flash stutters! Absouletly no reason for that. One way or another the problem will be corrected in the next couple of months (on my end or theirs). And it is very good to see nvidia thriving so long as they have some good competition to keep them on their toes. And so far i'm still a fan of nvidia. The last ATI card I had gave me nothing but grief.
  8. slh28

    slh28 TechSpot Paladin Posts: 1,706   +172

    No doubt the nvidia fanboys are jumping around in joy knowing that their loyalty is producing a big grin on the shareholders faces :)
  9. Puiu

    Puiu TS Evangelist Posts: 2,654   +1,092

    Ati also supports it, but at the moments it's only for the dx11 cards. In time Adobe and Ati will make it so that it works with older generations too so don't worry.
    PS: although i'm an AMD fan i always buy what's best and i only decide based on facts. (lots of research online - from days to weeks)
    Good luck with fermi!
  10. zaidpirwani

    zaidpirwani TS Rookie Posts: 74

    Now only if they succeed in making an x86 processor, they will outrun both Intel and AMD in time. I hope that they start to think about the consumer and decrease the prices a little bit, as they are already making a good profit, just lower the price, profit per item will decrease bu the number of items sold will ten-fold, resulting in much more profits for the company and it will be great if timed correctly with the coming black Friday and the holiday and shopping season.....
  11. buttus

    buttus TS Enthusiast Posts: 180

    Wow. 75% is a huge year over year increase. Doing business at this rate is great for the short term but I highly doubt that Nvidia will be able to keep that up over the next year. AMD/ATI has a HUGE lead on the DX11 cards if they are able to secure enough quantities over this quarter to satiate chip demand.
  12. Xclusiveitalian

    Xclusiveitalian TS Evangelist Posts: 714   +75

    Im not surprised nvidia has always been a product I liked and is always of high quality. As long as Nvidia keeps making cards ill be sticking with them. Increasingly computers are becoming more and more popular and nvidia is the card I always seem to notice they use. My first Nvidia card was the 6800 GT. Oh man those were good days playing COD 1 UO.
  13. lynxon

    lynxon TS Rookie Posts: 30

    Jesus Christ, 75%; that's just a ton of more money, I dunno how they pulled that off with ATI's new cards....
  14. freedomthinker

    freedomthinker TS Enthusiast Posts: 140

    Wow , Nvidia sure , stacked up . Curious how they did it ? Perhaps with bribe ? :D
  15. JieMan

    JieMan TS Rookie Posts: 63

    Interesting how they exit the chipset market yet still yield more in revenue..
    I thought they said the chipset market accounted for about 30% of revenue?
    Anyways it just goes to show how much demand there is in the server market for there GPU's
  16. red1776

    red1776 Omnipotent Ruler of the Universe Posts: 5,224   +164

    Is that supposed to be a haiku? :p
  17. PUTALE

    PUTALE TS Rookie Posts: 126

    finally nvidia is making some money. They have been under fire for awhile due to poor chipset and vid cards issue. However, the company really does not have a good track record with their product beign 100% trouble free. Hopefully this good news will help the company with their fermi launch.
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