08.08.2014 - Nvidia increased its profit
Net profit of Nvidia in the second quarter rose by 33% due to increased profits from gaming services, data center, cloud services and mobile operations. During the last period profit was 128 million dollars, or 22 cents per share. Also is worth noting that in July the company launched sales of Shield Tablet that is designed for fans of video games. The price of the gadget is 299 dollars.
Given the steady growth in demand for gaming equipment and other products of the company, we expect continued strong growth of quotations from the growth potential of up to 20% by year end.