Good news for Nvidia shareholders: the company seems to have bounced back from its none-too-pleasing second quarter, posting an $84.9-million net profit for its third fiscal quarter ended October 31. Here are the raw numbers:
|Q3 FY'10||Q2 FY'11||Q3 FY'11|
|Revenue||$903.2 million||$811.2 million||$843.9 million|
|Net income||$107.6 million||-$141 million||$84.9 million|
CEO Jen-Hsun Huang commented in the results announcement, "We have turned the corner. . . . We have restored our speed of execution and are regaining share in desktops." Of course, Nvidia isn't quite doing as well as it was a year ago—but that was before AMD got a real head start in the DirectX 11 market.
Looking ahead, Nvidia expects fourth-quarter revenue to climb 3-5%, although its gross margin should remain flat.
|Samsung's 28'' display serves up single-tile 4K at 60Hz for $800||111|
|Good Friday Shortbread||19|
|Friday night topic: where are the good ultraportables?||59|
|Deal of the week: Radeon R9 290X cards for... more than list?||19|
|Release roundup: Bits, pieces, and whole PCs||29|
|AMD posts another loss but beats Wall Street forecast||60|
|GlobalFoundries licenses Samsung process tech, grants AMD access to FinFETs||101|
|MSI shows next-gen Intel motherboards||46|