14 DAY TRIAL // NVIDIA's Fiscal Year 2012 has already passed somehow, having concluded on January 29, so the Santa Clara, California-based company has reported its financial results.
Apparently, the past twelve months were very lucrative for the GPU maker, leading to a rise of 12.8 percent in revenue, from $3.54 billion to $4.00 billion.
According to exchange rates, that translates into a jump from 2.72 billion Euro to 3.07 billion Euro, give or take a few thousand.
Granted, the revenue for the fourth quarter was down 10.6% sequentially, at $953.2 million (732.94 million Euro), but still higher by 7.5% compared to Q4 2011, when they were of $886.4 million (681.58 million Euro).
NVIDIA attributes this positive evolution to rapid increases in graphics processing unit (GPU) sales and the success of the Tegra platform.
"I am pleased with our achievements last year. Our GPU business grew sharply. And, with the success of Tegra, we established our position in the mobile market," said Jen-Hsun Huang, president and chief executive officer of NVIDIA.
"We expect continued growth ahead, 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."
NVIDIA expects the first quarter of Fiscal Year 2013 to show some depreciation and amortization, but for things to continue to progress positively for the whole year.
No doubt the corporation is going to bet much on the upcoming Kepler graphics processing units, likely hoping to again rise in the eyes of analysts, after having been downgraded.
There will be Advanced Micro Devices to contend with, though, especially now that the Sunnyvale rival has made it clear that it wants to always be ahead of NVIDIA.
All eyes are now on the GK100 series of GPUs and, to some extent, the game demo that will be held this weekend.