Wednesday, February 11, 2009

Quarterly revenue Nvidia dropped by 2,5 times.

In the fourth quarter of 2009 fiscal year, which ended Jan. 25, 2009 calendar year revenues of Nvidia was 481.1 million dollars. A year ago this figure was 1.2 billion dollars. This was reported in the press release, Nvidia.
Loss Nvidia in the fourth quarter amounted to 147.7 million dollars. In the last quarter of 2008 fiscal year earnings Nvidia equivalent to 257 million dollars.
In the 2009 fiscal year, Nvidia has earned 3.4 billion dollars. Nvidia annual loss was 30 million dollars. At the end of 2008 fiscal year earnings Nvidia equivalent to 797.6 million dollars.
The reduction of revenues is not a surprise for Nvidia. In mid-January, Nvidia forecast adjusted earnings in the fourth quarter of 2009 fiscal year, it predicted a decline of 40-50 per cent compared with the third quarter. The latest company earned 897.7 million dollars.
The reason for reducing the income Nvidia is the economic crisis, which led to a reduction in demand on the graphics card end-users.

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