search technology reviews, news, features, group tests
Popular Searches:   video , dell , dvd
 |  Register
 |  Newsletters  | 
Sitemap  |  RSS
RSS
Monday November 23, 2009 11:59 PM AEST
Skip Navigation LinksPC Authority > News > Nvidia celebrates first billion-dollar quarter
NEWS

Nvidia celebrates first billion-dollar quarter

by Matt Chapman  on Nov 12, 2007
Record period for the company, with $264m profits.
Graphics chip manufacturer Nvidia notched up its first ever US$1bn revenue in the third quarter of 2007, according to the company's financial statement.

Revenue increased 36 per cent to US$1.12bn (AUD$1.24bn), compared to US$820.6m (AUD$908.8m) for the same period in 2006.

"We are very proud to have achieved our first billion-dollar quarter and, while it is a wonderful milestone to reach, we believe this is just the beginning," said Jen-Hsun Huang, president and chief executive at Nvidia.

"Our core businesses are continuing to grow as the GPU becomes increasingly central to today's computing experience in both the consumer and professional market segments."

Income calculated using US generally accepted accounting principles for the quarter was US$235.7m (AUD$261.04m), an increase of 121 per cent year on year.

Copyright © 2009 v3.co.uk
Email a Friend Email this
Print Page Print this
Tweet This Tweet this
Feedback Send us your tips


Ads by Google

Comments

Be the first to comment on this article.
Thoughts on this article? Add a comment below.
Login or register to submit a comment.
 

Top Stories

Telstra confirm 30Mbit national network plan - but don't mention the NBN
Telstra has completed the 100Mbit upgrade to their Melbourne cable network and are next planning to get 30Mbit speeds into the rest of the country; but first they'll need to dispel those endless NBN comparisons
 
Red Hat updates with Fedora 12
Red Hat has released the latest version of its Fedora open source operating system and has added new video, virtualisation and networking support..
 
Picking the perfect home entertainment box: Movie downloads come to the Xbox 360
Unmetered download agreements are next the battleground as games consoles follow the Apple TV's lead to support movie download services.
 


 
Intel
 
 
LogMeIn
 
 
Amazing Dell Coupons now available
 
Discover Apple