NVIDIA Corporation (NASDAQ:NVDA) Introduces GeForce GRID For Gaming Service Providers While VGX Technological Offering For Professionals
For growth Graphics chip maker NVIDIA Corporation (NASDAQ:NVDA) is looking to the cloud as it recently launched a new cloud-based technology that will enable high-quality games or graphic-intensive applications to be streamed into mobile devices like smartphones and tablets.
To put it simply, devices like Apple Inc.’s (NASDAQ:AAPL) iPad that do not employ NVIDIA’s chips would now be able to tap into the raw graphics processing power of a server that might be half a world away. NVIDIA’s GeForce GRID would let gaming service providers to provide better quality games that are as responsive as those played on consoles like Microsoft Corporation’s (NASDAQ:MSFT) Xbox or Sony Corporation’s (NYSE:SNE) PlayStation.
Apart from gaming, NVIDIA also introduced its VGX technological offering for professionals including artists, architects, engineers, and designers who would love to experience 3-D design software on the go.
NVIDIA Corporation (NASDAQ:NVDA) latest financial highlights were comprised of 12.78% as profit margin in last twelve months and operating margin at 14.30%. To evaluate management effectiveness first thing that comes in mind is how well investors’ fund has been utilized and return on equity is an ideal which for this company was maintained at 13.09% in last twelve months. While another measure return on assets to assess how good was company to utilize assets to generate income, appeared at 9.69%.
Comparing its profitability with industry, LSI Corporation (NYSE:LSI) latest financial highlights showed it maintained 6.69% as profit margin in last twelve months and operating margin at 3.13%. To compare management effectiveness return on equity is considered as an ideal tool, which for this company was maintained at 11.91% in last twelve months. Another significant tool, to compare use of assets by the company to generate income, return on assets appeared at 6.21%.
Adding First Solar, Inc (NASDAQ:FSLR) in discussion it recorded profit margin of -22.44% for the prior 12 months and operating margin at -24.27%. Ideal management effectiveness tool return on equity, for this stock was recorded at -17.86% while return on assets appeared at -15.85%.