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PC gaming is alive and well, as evidenced by strong Kepler GPU sales that helped steer Nvidia towards record revenue of $1.20 billion for the third quarter of its fiscal 2013 period ended October 28, 2012. That's a gain of 15.3 percent compared to the previous quarter, and a 12.9 percent improvement versus last year, Nvidia said, adding that its energy efficient Kepler GPU architecture continued to make excellent headway in the market place.
"Investments in our new growth strategies paid off this quarter in record revenues and margins," said Jen-Hsun Huang, president and chief executive officer of Nvidia. "Kepler GPUs are winning across the special-purpose PC markets we serve, from gaming to design to supercomputing. And Tegra is powering some of the most innovative tablets, phones and cars in the market."
Nvidia recorded a profit of $209.1 million on a GAAP basis and $245.5 million on a non-GAAP basis for the quarter, up 75.6 percent and 44 percent, respectively, compared to last quarter.
"Demand for our desktop GTX (enthusiast and PC gaming) products remained strong in the third quarter as we continued the launch of our Kepler based GPUs," Nvidia noted. "Inventory in the channel remained healthy. As anticipated, notebook GPU revenue was a record level on the strength of our Ivy Bridge design wins."
Nvidia's Consumer Product Business, which includes Tegra-based smartphone and tablet products, was $234.9 million, up 35.7 percent sequentially and 27.6 percent year-over-year.
Comments are closed on this article
Warrior247
November 10, 2012 at 7:03pm
"PC gaming is alive and well"-Maximum PC
Really? When did that happen? That's news to the rest of the industry!
Mediziner
November 12, 2012 at 10:11am
Yopu must be a hermit seperated from the rest of society. Hello and welcome to the modern world!
Warrior247
November 12, 2012 at 10:44am
Modern world? I have my console, pad, and phone, where's yours? Exactly, nobody is buying 4ft tall, $3000, noisy room heaters anymore.
Mediziner
November 11, 2012 at 7:11pm
*cough* nVidia and AMD are still in business *cough*
*sneeze* number of people who use Steam and play Minecraft on the PC *sneeze*
*kaff* number of people who buy intel and AMD's enthusiast products *kaff*
... man I have a cold today. :(
Warrior247
November 12, 2012 at 11:00am
A cold? Well that's good, for a minute there I thought you were choking on that huge cock meat sandwhich MAXIMUM PC just fed you. PC gaming alive AND well? What decade is this again...
__/\____________________________
"boop!"eeeeeeeeeeeeeeeeeeeeeeeee
Warrior247
November 12, 2012 at 2:37pm
When you're feeling around up there, remember the crack goes to the front.
Andrew.Hodge
November 12, 2012 at 1:18am
Hey, can you help me find my ass? I seem to have laughed it off somewhere over there...
Warrior247
November 12, 2012 at 8:58am
Reach up with boths hands and feel around your neck area, it's up there somewhere.
Andrew.Hodge
November 09, 2012 at 2:10pm
AMD continues to hemorrhage money while NV posts huge profits. Now, I know that bulldozer wasn't exactly super, but they are still turning over a nice profit off of them, and your own review states that the 7970 is about equal to the 680, so what gives? Just goes to show what the power of marketing can do.
John Pombrio
November 11, 2012 at 3:09am
Well, something is driving down AMD graphics sales. AMD is only selling a third of the graphics cards that NVidia is. Marketing, reviews, drivers, not wanting to buy from a company that is posting large losses and laying off engineers, I donno.
Baer
November 09, 2012 at 6:34pm
Yes, it is drivers. For example when Skyrim was released just a year ago NV released a beta driver within hours to allow for wide screen gaming in SKYRIM, AMD? it took them weeks and weeks. So what did I (and many of us) do? I got a pair of GTX 580's (and some NV stock). AMD (ATi) hardware has always been decient and it is great having two competitors driving the technology but there is more to it then benchmarks.
Refuge88
November 09, 2012 at 5:56pm
Its not just benchmarks, its also drivers, and you are right Marketing, which AMD has since fixed with their rather epic game bundle.
I think where they are losing the money from is ther x86 CPU's, they just aren't selling well.
Mediziner
November 11, 2012 at 7:16pm
I love my 610 too! Yeah, my 610! It is absolutely badass in ALL the games. Turn on all settings to max with max AA, man, it can handle ANYTHING! And you know what else? I use it at work for video editing! 610 IS BEAST!!!
John Pombrio
November 11, 2012 at 3:00am
I too am a proud owner of a brace of GTX680 cards in a couple of computers. Quiet, well behaved, good frame rates even on a big monitor. I could not asked for a better card.
devin3627
November 10, 2012 at 3:21am
yes, you are talking about a videocard that will last years to come. i dont have the money or i'd have one in a heartbeat
