Nvidia Q3 earnings see 30 percent of revenue come from mobile

Nvidia released their Q3 earnings today and while boasting record numbers, the full story is more than just how much cash they made. The recent numbers saw 30 percent of the company's earnings come from mobile, a leap of 27 percent in three years. 

In the post earnings conference call, Nvidia CEO Jen-Hsun Huang, said that "consumers realize a great tablet is better than a cheap PC." Intriguing words considering the larger share of Nvidia's income still comes from the PC market, but perhaps relates to the ever changing times we find ourselves in. Huang also said that demand for the Tegra 3 chipset for both Android devices, as well as the new Microsoft Surface tablet, is helping to offset the slump in demand for PC's. 

Source: Venture Beat

Richard Devine