Nvidia increases its profits 191%, gtx 10xx series is a resounding success
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This selling graphics cards is going very well for Nvidia, as evidenced by the numbers for the last quarter of 2016, where they managed a fortune of 733 million dollars, which represents an increase in profits of 191% compared to the same period in 2015.
Nvidia increases its sales of graphics cards
Nvidia surprises with the latest quarterly results for 2016, which have reported impressive numbers to the green company.
The people of Nvidia reported during this period a 'gross' income of 2, 173 million dollars, 55% more than in the same period of 2015, and some 733 million dollars of benefits, 191% more than in 2015. Everything has worked for him to ask Nvidia, who in graphics card sales could enter its coffers about 1, 348 million dollars in the last quarter of 2016, this represents an increase of 66.4% over the same period of 2015 ($ 810 million).
The GTX 1080 is one of the culprits
Sales of solutions for professionals increased from $ 203 million to $ 225 million and for servers increased from $ 97 million to $ 296 million, practically a 200% increase. The only red numbers were reported for OEM assemblers and intellectual property, which fell from $ 198 to $ 176 million in profit.
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There are several factors that could explain this success of Nvidia. One that its GTX 10xx series has been a resounding success at all levels, in the low, mid and high range, but it also plays a fundamental factor that AMD has not released any graphics card to rival in the high range compared to the GTX 1070. / 1080, so Nvidia has been practically alone selling in that segment.
Whatever the reasons, Nvidia is having a very sweet time.
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