NVIDIA reports Q4 2012 earnings: annual revenue up 12.8 percent, net income doubles

Source: http://www.engadget.com/2012/02/15/nvidia-q4-2012-earnings/

If you thought we were done with the numbers game, think again. NVIDIA has just pushed out its figures for Q4 of FY 2012 and things are looking good. Revenue for the quarter was $953 million, a 10.6 percent decline over Q3, but if you look over the entire year revenue increased 12.8 percent over fiscal 2011. Net income, too, was down compared to Q3, but looking annually, when compared to 2011 income more than doubled, from 253 million to 581. CEO Jen-Hsun Huang was predictably pleased with the outcome, saying: "We expect continued growth ahead, as Tegra 3 powers a new wave of quad-core super phones and Kepler, our next-generation GPU architecture, sets new standards in visual and parallel computing." We're expecting plenty of great devices too -- the Transformer Prime TF700T in particular.

Continue reading NVIDIA reports Q4 2012 earnings: annual revenue up 12.8 percent, net income doubles

NVIDIA reports Q4 2012 earnings: annual revenue up 12.8 percent, net income doubles originally appeared on Engadget on Wed, 15 Feb 2012 17:03:00 EDT. Please see our terms for use of feeds.

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AT&T's hungry eyes turning toward Leap, Dish or MetroPCS?

Source: http://www.engadget.com/2012/02/16/att-eyeing-dish-metropcs-leap/

Publicly, at least, AT&T is bursting at the seams as it runs out of space to put all of its customers. The failed $39 billion purchase of T-Mobile was all about trying to match (or better) Verizon's reserves of wireless spectrum. Given the FCC's block of LightSquared and stymieing future spectrum auctions for the time being, AT&T needs to make some more purchases (it bought Qualcomm's small slice of the airwaves for $1.9 billion). If the Wall Street Journal is to be believed, there's a whiteboard in Whitacre Tower with Dish, Leap and MetroPCS written all over it. Reportedly, a purchase of Leap is the nearest to fruition, with "under the table" talks already underway. However, the Cricket Wireless operator would only provide a short term solution to Ma Bell's very long term woes. The other big target is Dish Network's reserved spectrum, kept back for its own planned broadband network, but i! f it fai ls to get Government approval, it might look to offload it. Third on the roster and marked as "highly unlikely" is a purchase of MetroPCS. The carrier was bitterly opposed to the T-Mo merger and pouted at the idea of purchasing some of Big Blue's divested assets, so if those two met around a table, they'd have a lot of awkward apologizing to do.

Image courtesy of Fierce Mobile Content

AT&T's hungry eyes turning toward Leap, Dish or MetroPCS? originally appeared on Engadget on Thu, 16 Feb 2012 06:44:00 EDT. Please see our terms for use of feeds.

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