Business Tech

NVIDIA on the upslope

NVIDIA has released its financial results for its third quarter fiscal 2012 which ended  on October 30. Last year revenues climbed 26.3% over the same period  to $ 1.07 billion (800 million), against a profit of $ 178 million (130 million euros), a beautiful 110% increase compared to 2010.

The company has seen its results pulled up by the mobile processor market and products for gamers and professionals. Curiously, however, the company anticipates a slowdown in its results in the next quarter, despite the Christmas holidays. It is possible that the company anticipates a drop in demand due to the unfavorable economic climate.

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