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Floods and slumping Tegra 2 sales hit Nvidia revenue forecast

Floods washed away sales
Wed Jan 25 2012, 14:04

CHIP DESIGNER Nvidia has revised its fiscal fourth quarter revenue forecast less than a week before its accounting period closes.

Nvidia issued a statement revising its revenue forecast for its fourth quarter ending 29 January 2012 to be lower than previous estimates. The firm now expects revenue to be $950m give or take one per cent, compared to a previous estimate of $1.066bn made back in November.

Nvidia laid the blame on the Thai floods that affected a number of component suppliers leading to a reduction in the number of systems shipped. However Nvidia couldn't hide behind natural disasters when it said demand for its Tegra 2 chip "declined more rapidly than expected".

According to Nvidia its Tegra 2 business fell away due to its launch of Tegra 3, saying production of its five-core system-on-chip will be ramping up in the first three months of 2012.

A month after Nvidia's Tegra 2 was launched at CES 2011 the firm was busy publicly showing Kal-el, the basis of Tegra 3. Within a year Nvidia had surpassed Tegra 2 suggesting that the delays associated with the chip had cost the firm dearly.

Nvidia's five-core Tegra 3 has been put into Asus' Eee Pad Transformer Prime. While the device is impressive and the chip is undoubtedly fast, Nvidia's rivals are preparing competing chips. µ

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Comments
@Me

You are an asshole you know that right?!

posted by : The Rest of the World, 25 January 2012 Complain about this comment
@he Rest of the World

Compared to my intelligence that's amazing! Wow it's even smarter then you!

The malware issues is only if you install applications outside of the marketplace but I am sure you already knew that!

posted by : Me, 25 January 2012 Complain about this comment
Delusional

"It's faster, better, smarter, cleaner and it's not a apple product that's why it's the best!"

So it is still quite a bit slower then the A5 graphics wise, the smarter reference I can only assume when compared to your intelligence and last time I checked the android was extremely fragmented and also had way more malware strike it then any iOS device.

posted by : The Rest of the World, 25 January 2012 Complain about this comment
YES YES YES

Android and Tegra 3 rules suck it you ios lovers!

It's faster, better, smarter, cleaner and it's not a apple product that's why it's the best!

posted by : Me, 25 January 2012 Complain about this comment
aboutus
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