Nvidia brings in record revenue for its fiscal Q1 2019
So, how much money is Nvidia making? A whole lot of it, apparently. The company already saw a record fiscal Q4 2018, and now it's published numbers for its fiscal Q1 2019. If you haven't guessed it by now, Nvidia saw record revenue of $3.21 billion, a whopping 66% rise from a year ago. The company pulled in $1.3 billion in operating profit, a 134% jump since a year past. Gross margins increased further to 64.5%-an increase of a 2.6 percentage points on the year. The company attributes that margin growth to "higher value platforms in the GPU segment," which we take to mean sales of high-margin, high-end graphics cards.
The largest piece of the revenue pie is by far the GPU segment, to the tune of $2.77 billion-a 77% increase year-on-year. Most of that cash was made by the gaming sub-subsegment, ...