Reuters: Technology News: Nvidia's current-quarter revenue misses Street

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Nvidia's current-quarter revenue misses Street Nov 7th 2013, 21:47 SAN FRANCISCO | Thu Nov 7, 2013 4:31pm EST SAN FRANCISCO (Reuters) - Nvidia Corp said third-quarter revenue and net income fell as the graphics chipmaker faced tough competition in tablets and a slow personal computer market. Revenue of $1.054 billion and net income of $119 million, or 20 cents a share, in the quarter ended in October compared with revenue of $1.204 billion and net income of $209 million, or 33 cents a share, in the year-ago quarter. Analysts on average had expected revenue in the third quarter of $1.052 billion, according to Thomson Reuters I/B/E/S.

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