The Effect of Slowing PC Sales
14/08/12 16:05 Filed in: Motley Fool Blog Network | Tech
Nvidia (NASDAQ: NVDA) recently reported that its second quarter profit fell 21% as the chip maker logged higher operating costs, masking revenue growth. The company actually reported revenue at the top end of its guidance for the quarter and earnings beat analysts’ expectations. For the current quarter, the company expects revenue of $1.15 to $1.25 billion, topping average analyst estimates that predicted $1.09 billion.
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