Subject: Editorial
Manufacturer: NVIDIA


It always feels a little odd when covering NVIDIA’s quarterly earnings due to how they present their financial calendar.  No, we are not reporting from the future.  Yes, it can be confusing when comparing results and getting your dates mixed up.  Regardless of the date before the earnings, NVIDIA did exceptionally well in a quarter that is typically the second weakest after Q1.

NVIDIA reported revenue of $1.43 billion.  This is a jump from an already strong Q1 where they took in $1.30 billion.  Compare this to the $1.027 billion of its competitor AMD who also provides CPUs as well as GPUs.  NVIDIA sold a lot of GPUs as well as other products.  Their primary money makers were the consumer space GPUs and the professional and compute markets where they have a virtual stranglehold on at the moment.  The company’s GAAP net income is a very respectable $253 million.


The release of the latest Pascal based GPUs were the primary mover for the gains for this latest quarter.  AMD has had a hard time competing with NVIDIA for marketshare.  The older Maxwell based chips performed well against the entire line of AMD offerings and typically did so with better power and heat characteristics.  Even though the GTX 970 was somewhat limited in its memory configuration as compared to the AMD products (3.5 GB + .5 GB vs. a full 4 GB implementation) it was a top seller in its class.  The same could be said for the products up and down the stack.

Pascal was released at the end of May, but the company had been shipping chips to its partners as well as creating the “Founder’s Edition” models to its exacting specifications.  These were strong sellers throughout the end of May until the end of the quarter.  NVIDIA recently unveiled their latest Pascal based Quadro cards, but we do not know how much of an impact those have had on this quarter.  NVIDIA has also been shipping, in very limited quantities, the Tesla P100 based units to select customers and outfits.

Click to read more about NVIDIA's latest quarterly results!

Podcast #383 - Acer Predator X34, ASUS X99-M, AMD Q4 Earnings and more!

Subject: General Tech | January 21, 2016 - 02:34 PM |
Tagged: x99-m, X170, X150, video, Silent Base 800, Q4 2015, Predator X34, podcast, gigabyte, g-sync, freesync, earnings, be quiet, asus, amd, acer

PC Perspective Podcast #383 - 01/21/2016

Join us this week as we discuss the Acer Predator X34, ASUS X99-M, AMD Q4 Earnings and more!

You can subscribe to us through iTunes and you can still access it directly through the RSS page HERE.

The URL for the podcast is: - Share with your friends!

Hosts: Ryan Shrout, Jeremy Hellstrom, Josh Walrath, and Allyn Malventano

Subscribe to the PC Perspective YouTube Channel for more videos, reviews and podcasts!!


Subject: Editorial
Manufacturer: AMD

Fighting for Relevance

AMD is still kicking.  While the results of this past year have been forgettable, they have overcome some significant hurdles and look like they are improving their position in terms of cutting costs while extracting as much revenue as possible.  There were plenty of ups and downs for this past quarter, but when compared to the rest of 2015 there were some solid steps forward here.


The company reported revenues of $958 million, which is down from $1.06 billion last quarter.  The company also recorded a $103 million loss, but that is down significantly from the $197 million loss the quarter before.  Q3 did have a $65 million write-down due to unsold inventory.  Though the company made far less in revenues, they also shored up their losses.  The company is still bleeding, but they still have plenty of cash on hand for the next several quarters to survive.  When we talk about non-GAAP figures, AMD reports a $79 million loss for this past quarter.

For the entire year AMD recorded $3.99 billion in revenue with a net loss of $660 million.  This is down from FY 2014 revenues of $5.51 billion and a net loss of $403 million.  AMD certainly is trending downwards year over year, but they are hoping to reverse that come 2H 2016.


Graphics continues to be solid for AMD as they increased their sales from last quarter, but are down year on year.  Holiday sales were brisk, but with only the high end Fury series being a new card during this season, the impact of that particular part was not as great as compared to the company having a new mid-range series like the newly introduced R9 380X.  The second half of 2016 will see the introduction of the Polaris based GPUs for both mobile and desktop applications.  Until then, AMD will continue to provide the current 28 nm lineup of GPUs to the market.  At this point we are under the assumption that AMD and NVIDIA are looking at the same timeframe for introducing their next generation parts due to process technology advances.  AMD already has working samples on Samsung’s/GLOBALFOUNDRIES 14nm LPP (low power plus) that they showed off at CES 2016.

Click here to continue reading about AMD's Q4 2015 and FY 2015 results!

Intel still manages a profit in a tough year

Subject: General Tech | January 15, 2016 - 12:55 PM |
Tagged: Intel, earnings

Even with the difficulties the PC market encountered over 2015 Intel still managed to make a good sized profit.  Compared to Q4 of 2014 their profits shrank a mere 1% down to $8.76bn,  a feat unequalled by other silicon slingers as the entire market shrunk by about 10%.  Their data centre group provided the most impressive results, a 5% increase in revenue likely spurred by the growth of hosting providers for the various Clouds which formed or grew over the past year.  The Inquirer also points out the release of the sixth generation of the Core family of processors certainly didn't hurt them either.


"INTEL HAS POSTED strong quarterly profits in its fourth quarter earnings, revealing results that were higher than Wall Street was expecting despite a tough year for the PC market."

Here is some more Tech News from around the web:

Tech Talk

Source: The Inquirer

AMD Projects Decreased Revenue by 8% for Q2 2015

Subject: Graphics Cards, Processors | July 7, 2015 - 08:00 AM |
Tagged: earnings, amd

The projections for AMD's second fiscal quarter had revenue somewhere between flat and down 6%. The actual estimate, as of July 6th, is actually below the entire range. They expect that revenue is down 8% from the previous quarter, rather than the aforementioned 0 to 6%. This is attributed to weaker APU sales in OEM devices, but they also claim that channel sales are in line with projections.


This is disappointing news for fans of AMD, of course. The next two quarters will be more telling though. Q3 will count two of the launch months for Windows 10, which will likely include a bunch of new and interesting devices and aligns well with back to school season. We then get one more chance at a pleasant surprise in the fourth quarter and its holiday season, too. My intuition is that it won't be too much better than however Q3 ends up.

One extra note: AMD has also announced a “one-time charge” of $33 million USD related to a change in product roadmap. Rather than releasing designs at 20nm, they have scrapped those plans and will architect them for “the leading-edge FinFET node”. This might be a small expense compared to how much smaller the process technology will become. Intel is at 14nm and will likely be there for some time. Now AMD doesn't need to wait around at 20nm in the same duration.

Source: AMD

NVIDIA has mixed results for this first quarter

Subject: General Tech | May 8, 2015 - 12:53 PM |
Tagged: nvidia, earnings, Q1 2015, billion

NVIDIA's reported revenue of $1.15 billion just missed the analysts predictions, they saw an increase of roughly 4% from Q1 2014 but an 8% drop compared to the last quarter of 2014 which saw the release of the GTX 970 and the usual spike in sales from the holidays.  However when you look at net income, there was a drop of 2.2% compared to a year ago.  GPU sales made up the bulk of the income and are doing well as that division increased sales by 14% from last year bring in revenue 4.7% higher than last year.  Mobile Tegra sales saw a similar increase of 4.3% but the same can not be said for their LTE division, the Icera LTE modem unit is now on the chopping block, to either be dissolved or sold off.  You can get more numbers from this story at The Register.


"Nvidia has reported revenues of US$1.15 billion for the first quarter ended April 26, 2015, up 4% from US$1.10 billion a year earlier, but down 8% from US$1.25 billion the previous quarter."

Here is some more Tech News from around the web:

Tech Talk

Source: DigiTimes

Even Intel is feeling the pinch, to the tune of a billion dollars

Subject: General Tech | March 13, 2015 - 12:48 PM |
Tagged: Q1, Intel, earnings, billions

Earlier in the week came distressing news from many manufacturers of PC components and now Intel has made their financial state a little clearer.  The Register has posted the numbers, predicted earnings for Q1 of this year have dropped from USD13.7 billion +/- $500 million, down to USD12.8bn +/- $300 million.  Losing about a billion dollars in profit is going to hurt anyone, even the mighty Intel.  The drop in the PC market comes from a variety of sources but two of the most likely candidates are the lack of cash in consumers pockets to upgrade and a lack of competition driving an urge to upgrade.  Once many gamers would willing live on ramen noodles for a time so that they could afford the next GPU or CPU upgrade thanks to the impressive performance increases the next generation offered.  Now new releases tend to offer a small incremental performance increase and occasionally new features which are impressive but nowhere near what an upgrade 10 years ago offered.  Certainly part of the issue is the difficult of coaxing a bit more performance out of silicon and with the reduced competition it is less financially attractive to fund expensive and risky R&D projects than it is to work on small incremental increases in efficiency and performance.

Here's hoping for a change to this market in the coming years.


"Intel has lowered its revenue forecast for the first quarter of its fiscal 2015 by nearly a billion dollars, citing a weaker than expected PC market."

Here is some more Tech News from around the web:

Tech Talk

Source: The Register

It has been a rough quarter for the tech industry

Subject: General Tech | March 10, 2015 - 12:36 PM |
Tagged: Q1, gigabyte, earnings, msi, TSMC, amd, Intel, nvidia

There is quite a bit of news on how various component manufacturers have fared at the beginning of 2015 and not much of it is good.  Gigabyte has seen revenues drop almost 20% compared to this time last year and a significantly higher overall drop and while MSI is up almost 4% when compared to this quarter in 2014, February saw a drop of over 25% and over the total year a drop of nearly 8%.  TSMC has taken a hit of 28% over this month though it is showing around 33% growth over the past year thanks to its many contract wins over the past few months.  Transcend, Lite-On and panel maker HannStar all also reported losses over this time as did overseas notebook designers such as Wistron, Compal and Inventec.

Intel is doing well though perhaps not as profitably as they would like, and we know that NVIDIA had a great 2014 but not primarily because of growth in the market but by poaching from another company which has been struggling but not as much as previous years.  The PC industry is far from dead but 2014 was not a kind year.


"Gigabyte Technology has reported consolidated revenues of NT$3.216 billion (US$101.93million) for February 2015, representing a 39.31% drop on month and 26.75% drop on year.

The company has totaled NT$8.515 billion in year-to-date revenues, down 18.47% compared with the same time last year."

Here is some more Tech News from around the web:

Tech Talk

Source: DigiTimes

Intel Earnings Report (Q2 2014)

Subject: General Tech, Processors, Mobile | July 16, 2014 - 03:37 AM |
Tagged: quarterly results, quarterly earnings, quarterly, Intel, earnings

Another fiscal quarter brings another Intel earnings report. Once again, they are doing well for themselves as a whole but are struggling to gain a foothold in mobile. In three months, they sold 8.7 billion dollars in PC hardware, of which 3.7 billion was profit. Its mobile division, on the other hand, brought in 51 million USD in revenue, losing 1.1 billion dollars for their efforts. In all, the company is profitable -- by about 3.84 billion USD.


One interesting metric which Intel adds to their chart, and I have yet to notice another company listing this information so prominently, is their number of employees, compared between quarters. Last year, Intel employed about 106,000 people, which increased to 106,300 two quarters ago. Between two quarters ago and this last quarter, that number dropped by 1400, to 104,900 employees, which was about 1.3% of their total workforce. There does not seem to be a reason for this decline (except for Richard Huddy, we know that he went to AMD).

Intel Process nodes_575px.png

Image Credit: Anandtech

As a final note, Anandtech, when reporting on this story, added a few historical trends near the end. One which caught my attention was the process technology vs. quarter graph, demonstrating their smallest transistor size over the last thirteen-and-a-bit years. We are still slowly approaching 0nm, following an exponential curve as it approaches its asymptote. The width, however, is still fairly regular. It looks like it is getting slightly longer, but not drastically (minus the optical illusion caused by the smaller drops).

Source: Intel

Intel Reports 2013 Financial Results, Plans to Cut 5% of Workforce

Subject: General Tech | January 18, 2014 - 12:49 AM |
Tagged: quarterly earnings, Intel, financial results, earnings

Intel has released financial results for the full year and fourth quarter of 2013. According to Intel CEO Brian Krzanich, the company had a "solid fourth quarter." Although full year revenue and net income fell, there was a slight increase in Q4 net income and revenue YoY compared to Q4 2012.

Intel Logo.jpg

In 2013 Intel had $52.7 billion in total revenue along with $12.3 billion operating and $9.6 billion net income. Compared to the previous year (2012), Intel's revenue fell 1% while operating income and net income fell 13% and 16% respectively. Specifically of interest to the PC Perspective readers, the PC Client Group had 2013 revenue of $33.0 billion which was down 4% versus 2012.

  Quarterly Comparison   Yearly Comparison  
  Q4 2012 Q4 2013 YoY Change 2012 2013 YoY Change
Revenue $13.5 $13.8 +3% $52.7 $53.3 -1%
Operating Income $3.2 $3.5 +12% $12.3 $14.6 -16%
Net Income $2.5 $2.6 +6% $9.6 $11 -13%
Gross Margin 58% 62% +4 62.1% 59.5 -2.3

All $ figures are in billions (USD).

As far as the previous quarter (Q4 2013) alone, Intel made revenue of $13.8 billion which was a 3% increase versus the same quarter in 2012. Quarterly net income also increased 6% YoY to $2.6 billion.

Looking forward into 2014, Intel estimates revenue for the first quarter (Q1 2014) to be $12.8 billion. Unfortunately, Intel plans to cut approximately 5,000 jobs (specifically 5% of its workforce) in 2014 despite the "solid" company performance.

You can find more information in this Intel press release.

Source: Intel