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  Nvidia claims Xbox boosted its profits
Time: 16:03 EST/21:03 GMT | News Source: the inquirer | Posted By: Brian Kvalheim

GRAPHICS GIANT Nvidia posted its second quarter financial results last night, with sales only slightly up, but with profits soaring. The firm said that its revenues for Q2 were $459.8 million and its net profit was £24.2 million, compared a profit of $5.3 million in the same quarter last year. Nvidia claims that it's captured 70% of DX9 based desktops and it's still got a huge chunk of the notebook market – revenue was up 59% in this sector compared to the same quarter last year.
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