Friday, August 9, 2013

Published 3:20 AM by

Nvidia reported a quarterly fall

Nvidia reported a quarterly fall

Manufacturer Nvidia graphics processing company today reported a 19% drop in profit for the second quarter amid falling sales of its mobile GPU and increasing competition in the market of mobile solutions in general. At the same time, the company will continue to detect a drop in sales in the market GPU for desktop PCs. During the period Nvidia revenue decreased by 6.4% to 977.2 million U.S. dollars, net profit fell to 96.4 million, or 16 cents a share, 119 million dollars, or 19 cents a share, a year earlier. Operating profit amounted to 23 cents per share.
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