NVidia Profits – Much More To Come

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Nvidia has posted Q4 profits of $116 million from revenues of $953 million, outstripping analysts’ expectations, though the company warned of slightly lowered revenues for the current Q1 2012 period, blamed on the hard drive shortage, which is having wider effects in the PC industry as a whole, hurting graphics card sales.

The take up of high-end 28nm cards has also been constrained by the general economic climate. For the full 2012 period NVidia chalked up revenues of $4 billion, a 12.8% increase on 2011. Profits were $581 million, greatly helped out by the success of Tegra mobile processors. Jen-Hsun Huang, NVidia CEO, said the company expected continued growth ‘

as Tegra 3 powers a new wave of quad-core super-phones and Kepler, our next-generation GPU architecture, sets new standards in visual and parallel computing

‘.

Tegra processors brought $360 million in revenues in 2011, with sales expected to grow by more than 50% in 2012. Windows on ARM and the popularity of Android ICS are expected to boost sales.

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