NVIDIA incomes reduction by 40-50 percent in Q4 2008

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POSTER: computer news   ||   NVIDIA INCOMES REDUCTION BY 40-50 PERCENT IN Q4 2008	DATE:2009-01-14
The fourth quarter is traditionally considered as a profitable period for computer producers , since Christmas ensures a good sales volume  . The past year for many companies became exception , since even the processor giant Intel stated about possible reduction in incomes by 20% in the fourth quarter in comparison with the previous period in 2008. Yesterday analogous statement gave NVIDIA. Low demand and decrease of the warehouse reserves of finished production by the company partners can cause reduction in the incomes to the value from 40% to 50% in comparison with the third quarter 2009 financial years. If the company could rescue about $898 ml., then in the fourth quarter 2009 financial years, which will end on 25 January in the present year, gain can compose $449-539 ml. during November NVIDIA forecast, that its incomes for the fourth quarter will be lowered only by 5%. More detail about the financial activity results will be available on 10 February, 2009. According to independent analysts forecasts, the fourth quarter can become for NVIDIA unprofitable as entire 2009. Related Products :

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