Several quarters of the big rash end in a headache for the chip developer with the collapse of demand for video cards
The companies have feared this in the past and have even publicly expressed it - and now the estimates are already a reality: With the rapid decline in demand for graphics cards for digital currency mining needs comes the fall in average sales volumes and purchase amounts, and this pulls down the financial data of NVIDIA, Similar to what happened to the AMD And even worse.
NVIDIA has unveiled its data for the end of the fiscal year of 2019, which ended last January, and as expected earlier - there is not much positive news here for her.
Zhen-Sun Huang's company reported $ 2.205 billion revenue (actually surpassing analysts' expectations, after announcing a $ XNUM million cut last month) and a net profit of 500 $ 1 million - but the main story here is a fall in 567 Percentage of Revenue of the DivisionGeForce And a decrease of 46 in revenues compared with the previous financial quarter, which together attests to the significant bubble that has developed around the world of crypto currencies and the lower than expected demand for the C-GeForce RTX Advanced but very expensive.
All divisions of NVIDIA Revenue Compared to Q3 of Economic 2019 Year, Although Not Surprisingly Based on Recognized Turnover - A Fairer Comparison to the Fourth Quarter of Fiscal Year 2018 Reveals Continued Growth in Card Sales Tesla And cards Quadro As well as an increase in the business of the smart vehicle world, along with a decline in technology and chip revenues designed specifically for third party companies and of course the expected fall in the home market.
It is worth emphasizing that NVIDIA Continues to be a successful and profitable company even today, ending the calendar year 2018 and financial year 2019 with both record highs and 4.1 billion earnings record - but there is no doubt that increased access and efforts will be needed to please all shareholders and return to the breaking track The never-ending highs where the company has marched until recently. Let's hope a wider range of products and more competitive prices will be part of the process.