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NVIDIA has good financial results, but professional graphics revenues were down

Quadro and Tesla professional graphics sales were down 6%. The economy and the delay in the new Kepler generation of professional GPUs seem to have been the main obstacles.

The GPU specialists reported revenue for the year of almost $4.3 billion and a gross margin of 52.0%. The results were favourable for NVIDIA during a difficult year for the worldwide economy. The results for Quadro and Tesla, with a 6% drop in revenues for the year reflects the difficulties faced by enterprises as well as small and medium businesses throughout the year.  NVIDIA pointed specifically to weakness in the Western European market for their professional products.