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Nexus 7 and Surface sales propel record numbers for NVIDIA

| November 10, 2012 | 0 Comments

Nexus 7 and Surface sales propel record numbers for NVIDIA

NVIDIA’s third-quarter earnings revealed this week that the tech manufacturer reached record level earnings, largely thanks to sales of Google’s Nexus 7 and Microsoft’s Surface.

The financial results showed that the Santa Clara-based company made $1.20 billion (UKĀ£0.75, AUS$1.15) in revenue for the last quarter, a growth of 15.3% from the preceding quarter.

Jen-Hsun Huang, President and CEO of NVIDIA, explained the drivers for this growth in the earnings report.

"Kepler GPUs are winning across the special-purpose PC markets we serve, from gaming to design to supercomputing," said Huang. "And Tegra is powering some of the most innovative tablets, phones and cars in the market."

GPUs and tablets too

This financial success is due in part to NVIDIA’s GeForce GPUs, particularly those made with the Kepler architecture, including the GTX 680, GTX 690, and GT 640M.

The new line of bargain Kepler GPUs, including the 660ti, GTX 660, 650ti, and GTX 650 have also performed well at market.

Rising sales for tablets running on NVIDIA’s Tegra 3 system-on-a-chip have been a substantial source of recent revenue for the company.

Among these tablets, the "million a month" sales of the Nexus 7 and sales from the newly released MIcrosoft Surface RT seem to be buoying NVIDIA’s profits more than most.

View full post on Techradar – All the latest technology news

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