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Old 12-05-2012, 09:37 PM   #1
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[Techreport.com] Nvidia revenue inches down, profits tumble

The first quarter of Nvidia's 2013 fiscal year is now over (it ended on April 29th), and the results are out. And... they don't look all that great. While the company is still comfortably in the black, its net income has fallen by more than 50% compared to the same quarter a year ago. Revenue is down a few percentage points, as well, and the company's gross margin is down ever so slightly.

Still, Nvidia CEO Jen-Hsun Huang sounds upbeat. Here's ...

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