NVIDIA, an American global technology company famous for its graphic cards, has recently reported on its financial results for 2012. The company’s financial performance turned out to be better than expected.
In particular, last year’s sales volume reached $4,28bn, which is 7.1% higher than a year before. The net profit is estimated at $581,1 million.
As of the sales of Tegra (a CPU for mobile devices), the proceeds grew by 29.3% up to $208 million in Q4 2012.
The company’s president says that last year NVIDIA showed the best performance in its history. In particular, it set records in terms of net profit, sales volume and operating margin.
At the same time, the company’s experts say that in Q1 2013 NIVIDIA’s proceeds will reach $940 million. Graphic accelerators will see a sales decline as manufacturers of mobile devices start switching to next-generation Tegra 4.
The chart below, courtesy of , reflects the current state of affairs in the market of NVDA:
