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NVIDIA issues dramatic revenue warning NVIDIA issues dramatic revenue warning
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Old 13th January 2009, 20:05   #1
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Default NVIDIA issues dramatic revenue warning

Graphics giant NVIDIA has issued a short statement significantly downwardly revising its revenue guidance for the quarter ending 25th January 2009 (Q4).

CEO Jen-Hsun Huang said in a November conference call that he expected Q4 revenues to be down around five percent, but this revision puts the sequential decline at a far greater 40-50 percent. The only explanation given was that the decline is "as a result of further weakness in end-user demand and inventory reductions by NVIDIA's channel partners in the global PC supply chain."

http://channel.hexus.net/content/item.php?item=16852
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