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NVIDIA Reports Financial Results For Annual and Fourth Quarter Fiscal 2013

NVIDIA (NASDAQ: NVDA) today reported revenue for fiscal 2013 ended Jan. 27, 2013, of a record $4.28 billion, up 7.1 percent from $4.00 billion in fiscal 2012. GAAP earnings per share for the year were $0.90 per diluted share, a decrease of 4.3 percent from $0.94 in fiscal 2012. Non-GAAP earnings per diluted share were $1.17, down 1.7 percent from $1.19 in fiscal 2012.

During the quarter, NVIDIA repurchased $100.0 million of stock and paid a dividend of $0.075 per share, equivalent to $46.9 million. "This year we did the best work in our company's history," said Jen-Hsun Huang, president and chief executive officer of NVIDIA. "We achieved record revenues, margins and cash, despite significant market headwinds.

Lenovo Introduces Rugged ThinkPad Chromebook for Schools

Lenovo today announced the ThinkPad X131e Chromebook -- a fast booting, highly customizable ThinkPad built with rugged features for the daily rigors of K-12 education. The ThinkPad X131e Chromebook simplifies software and security management for school administrators and provides students and teachers with quick access to thousands of apps, education resources and storage.

Throughout the course of a typical school day, students' laptops are often subject to extreme wear and tear. To help school-proof them, the ThinkPad X131e has rugged features including a rubber bumper around the top cover and stronger corners to protect the system in the case of an accidental drop. The hinges and hinge brackets are also strengthened to last more than 50,000 open and close cycles.

Soft PC Shipments in Fourth Quarter Lead to Annual Decline as HP Holds Onto Top Spot

Worldwide PC shipments totaled 89.8 million units in the fourth quarter of 2012 (4Q12), down 6.4% compared to the same quarter in 2011 and worse than the forecasted decline of 4.4%, according to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker. Although the quarter marked the beginning of a new stage in the PC industry with the launch of Windows 8, its impact did not quickly change recently sluggish PC demand, and the PC market continued to take a back seat to competing devices and sustained economic woes. As a result, the fourth quarter of 2012 marked the first time in more than five years that the PC market has seen a year-on-year decline during the holiday season.

The lackluster fourth quarter results were not entirely surprising given the spate of challenges the PC market faced over the course of 2012. IDC had expected the second half of 2012 to be difficult. Consumers as well as PC vendors and distribution channels continued to be diverted from PC sales by ongoing demand for tablets and smartphones. In addition, questions about the use of touch on Windows PCs vs. tablets slowed commercial spending on PCs.

Lenovo Intros "Rip and Flip" ThinkPad Helix and First Multimode Mini-Ultrabook

Lenovo today announced two new additions to its family of convertible laptop-tablet devices: the ThinkPad Helix, a premium convertible for business professionals featuring a "rip and flip" design - a blueprint for the next generation of laptop designs – and a more powerful and productive IdeaPad Yoga 11S, the first multimode mini Ultrabook equipped with powerful Intel processors and featuring Windows 8.

"Our unmatched family of convertibles gives consumers, students, business professionals, and everyone in between the opportunity to choose the convertible that's right for them," said Peter Hortensius, president, Product Group, and senior vice president, Lenovo. "The ThinkPad Helix gives business professionals two devices in one incredible form factor. It is a high performance, thin and light Ultrabook with a detachable Windows 8 tablet. We've also pumped more power and productivity into the new IdeaPad Yoga 11S mini-Ultrabook so it can handle whatever mobile computing tasks consumers throw at it."

Lenovo Jumps the Gun with Radeon HD 8950

A recent press-release by Lenovo announcing the Erazer X700 gaming desktop may not have sounded like much, but it turns out the company is enthused by AMD, particularly AMD CrossFireX, because it is an early design win for AMD's next-generation Radeon HD 8000 series family. The specifications sheet of the Erazer X700 blurts out the graphics subsystem to consist of "up to dual Radeon HD 8950 3GB" as a graphics option next to dual- GeForce GTX 660 SLI. Given that Lenovo chose not to wait until any of the other big tech trade-shows of the year to announce this, it wouldn't be far-fetched to imagine a new AMD Radeon family launch within Q1, 2013. The other more obvious explanations are that Lenovo committed a brutal typo, or it plans to re-brand the Radeon HD 7950, an act that should be made a human-rights violation.

Source: VideoCardz

Lenovo Pioneers "Interpersonal Computing" with Company’s First Table PC

Lenovo today announced the IdeaCentre Horizon Table PC, the company's first "interpersonal PC," a multi-user, multi-touch, multi-mode device for the home that allows users to turn their personal computing experience into a shared computing experience.

As a Table PC, Horizon can lie flat on any surface, lets two or more people use the screen at the same time, supports interactive physical gaming accessories and is designed for touch screen game-play among several players. Horizon takes advantage of Windows 8 touch functionality to bring customized games from Electronic Arts and Ubisoft to life in a way players have never seen before. Horizon can also easily transform into a 27-inch high-performance desktop to handle whatever productivity tasks users need to do.

Lenovo Unleashes New Windows 8 Touch Devices

Lenovo today announced its new lineup of consumer and business Windows 8 touch-optimized devices at the 2013 International Consumer Electronics Show. Headlining the collection are new additions to the ultra-portable IdeaPad U Series Ultrabooks and the multimedia intensive IdeaPad Z Series laptops as well as new models of IdeaCentre all-in-one desktops, from the sleek and stylish A Series to the affordable and space-saving C Series.

Lenovo also introduced an extreme performance gaming desktop PC, the Lenovo Erazer X700, designed for enthusiast-level gaming and graphics-hungry applications. For small businesses, the ThinkPad Edge E431 and E531 laptops introduce a unique Lenovo OneLink technology for new docking capabilities, and to complete the new range of Windows 8 touch devices, the ThinkPad Mobile Monitor makes a great companion as a second display, especially for complementing non-touch devices with touch functionality.

Lenovo Announces the ThinkPad X1 Carbon Touch Ultrabook

Lenovo today announced the new ThinkPad X1 Carbon Touch, optimized for Windows 8 and now adds touch experience to the industry's leading business class Ultrabook. The X1 Carbon and X1 Carbon Touch are developed from superior grade carbon fibre and deliver legendary durability and the highest levels of performance. The new X1 Carbon Touch paves the way for mobile professionals who demand the best in mobility and entertainment and want to experience the simplicity of touch gesture control.

"Bringing touch gesture control to our best ThinkPad ever is a natural evolution of the portfolio and a big step towards fulfilling our promise to bring computers into a new PC+ era," said Peter Hortensius, president, Lenovo Product Group. "We are excited to be able to offer customers the best experience in a thin and light business class Ultrabook. The X1 Carbon Touch is the Ultrabook to beat."

Lenovo IdeaPad Yoga 11 Starts Selling

Ahead of its December launch, Lenovo started taking orders for the IdeaPad Yoga 11, designed for those who do find the IdeaPad Yoga 13 two inches too big for lugging around, given that it's a convertible tablet. The IdeaPad Yoga 11 is driven by Windows RT, NVIDIA Tegra 3 quad-core processor clocked at 1.50 GHz. It is available in 32 GB and 64 GB variants (which include installed software), priced at $679.20 and $759.20, respectively.

Lenovo Unveils ThinkPad X1 Carbon Touch Ultrabook with Windows 8

Ahead of its December launch, Lenovo gave us a sneak peak of the ThinkPad X1 Carbon Touch Ultrabook on its website. The 14-incher retains the essential design of its August 2012 launched predecessor, with the addition of Windows 8 Pro, a multi-touch screen, and a screen-resolution marked "HD+," which most probably is 1600 x 900 pixels. No other details were revealed. We don't expect the new X1 Carbon to deviate from its formidable system specs, which includes Core i5 "Ivy Bridge" with vPro processor, GeForce graphics, and SSD/HDD storage options.

Lenovo Debuts the IdeaCentre Q190 Mini PC and New C-Series All-in-One PCs

Lenovo today announced the IdeaCentre Q190, the world's smallest full-function desktop PC - measuring just 22 mm (0.86 inches) wide – and the latest additions to the C-Series all-in-one (AIO) family. With convenient space-saving designs that fit into any home, the IdeaCentre Q190 and C-Series AIOs offer affordable but powerful performance and multimedia features designed for immersive entertainment.

"Lenovo is committed to making PC innovation accessible to all, and the IdeaCentre Q190 and latest C-Series AIOs deliver just that." said Ouyang Jun, Executive Director and General Manager, IdeaCentre Business Unit. "Whether it's the subtle, space-saving design of the Q190 that transforms your living room TV or monitor into a home theater, or the sleek look, powerful performance and family friendly features of the C-Series AIOs, Lenovo's latest desktop PCs are designed to meet the entertainment needs of any household."

Lenovo Reports Second Quarter 2012/13 Results

Lenovo Group today reported results for its second fiscal quarter ended September 30, 2012. Outgrowing the market in all geographies, Lenovo continued its push towards becoming the number one vendor in the PC industry, with record quarterly sales of $8.7 billion, an 11 percent increase year-over-year. While growing faster than the top four PC companies for three straight years, Lenovo also turned in another quarter of record pre-tax income at US$204 million, evidence that the Company continues to build upon its track record of profitable growth.

During the second fiscal quarter, Lenovo's worldwide PC shipments grew 10.3 percent, in a difficult market that was down eight percent year-over-year, the 14th quarter in a row that the company has grown faster than the PC industry as a whole. In this challenging environment, Lenovo achieved its highest-ever worldwide market share of 15.6 percent*, gaining share points in every geography, every product category in which it competes, and in every respective customer segment.

Lenovo Introduces Tower ThinkServer to Power Back-End Processing

Lenovo today announced the availability of ThinkServer TD330, designed to handle behind-the-scenes IT tasks for small-and-medium-sized organizations – from schools deploying virtual desktop sessions or blackboard applications, to retail deployments, to distributed environments like banks with multiple locations. Supporting up to 16 cores based on the Intel Xeon E5-2400 processor family, the TD330 does the heavy-lifting, running line-of-business applications that support business processing and collaborative efforts.

ThinkServer TD330 is the first product introduced by Lenovo's new Enterprise Product Group, a dedicated business unit that will expand the Company's server, storage, networking and software offerings. It will be led by Roy Guillen, vice president and general manager, Enterprise Product Group, Lenovo.

Lenovo ThinkPad T430u Ultrabook Listed, to Ship this Month

Showcased back in January and expected in August, the ThinkPad T430u ultrabook has now found its way to Lenovo's online store and is set to begin shipping next week (on November 11th to be exact). Running Windows 7 Home Premium or Windows 8, the T430u features an aluminum construction, a 14-inch (1366 x 768) LED-backlit display, a Core i3/i5 mobile processor, Intel HD or NVIDIA GeForce GT 620M graphics, 4 GB of RAM, up to a 500 GB hard drive or a 128 GB SSD, a 720p webcam, two USB 3.0 ports, HDMI and mini DisplayPort outputs, and a battery allowing up to 7 hours of operation.

The ThinkPad T430u starts at $740 and can be found here.

Lenovo ThinkPad Helix Windows 8 Tablet Going Global

Initially announced for the Chinese market, Lenovo's ThinkPad Helix tablet is expanding its reach and is set to arrive in Israel, and likely other countries, in the not too distant future. The Helix is a business-oriented offering that runs Windows 8 and features an 11.6-inch Full HD (1920 x 1080) IPS screen supporting both finger and pen input, an Intel Ivy Bridge CPU (up to a Core i7), WiFi, 3G, NFC, and a battery allowing up to 10 hours of operation. The tablet comes with a ThinkPad -style keyboard dock for improved productivity.

The ThinkPad Helix has not been priced.

Source: Liliputing

AMD Powers Superior Windows 8 Experience Across More Than 125 PC Designs

AMD today announced its collaboration with Microsoft Corp. for more than 125 Windows 8-based PC designs from leading OEMs including ASUS, Dell, Fujitsu, HP, Lenovo, Samsung, Sony, Toshiba and more. With a hardware accelerated user interface, Microsoft and AMD have collaborated to design Windows 8 to unlock the high performance graphics capabilities found in AMD accelerated processing units (APUs) and discrete AMD Radeon graphics processing units (GPUs) to deliver the best HD video, gaming and app experience consumers want with the always on, always connected, touch-driven interface with great battery life they need.

"There is a lot of exciting innovation happening in the marketplace today -- from the new Windows 8 graphics-accelerated user interface and apps, to ultraportable and sleek hardware designs -- and AMD's CPU, GPU and APU technology designed for Windows 8 helps enable a no-compromise solution," said Stefan Kinnestrand, director of Product Management, Windows Division at Microsoft.

Gartner Says Worldwide PC Shipments Declined 8 Percent in Third Quarter of 2012

Worldwide PC shipments totaled 87.5 million units in the third quarter of 2012, a decline of 8.3 percent compared with the third quarter of 2011, according to preliminary results by Gartner, Inc.

"A continuing slowdown in consumer PC shipments played a big part in the overall PC market decline," said Mikako Kitagawa, principal analyst at Gartner. "The third quarter was also a transitional quarter before Microsoft's Windows 8 operating system release, so shipments were less vigorous as vendors and their channel partners liquidated inventory.

Lenovo Premiers Yoga and Debuts Family of Convertible Devices Designed for Windows 8

Lenovo today announced a new family of four convertible devices designed for Windows 8/RT to change the way people use PCs and redefine the future of mobile computing. For consumers, the touch-optimized family includes the IdeaPad Yoga 13, a foremost blend of play and productivity, Yoga 11, a svelte, all day mobile companion, IdeaTab Lynx, a premier dual core Intel Atom-based™ tablet, and for professionals, the ThinkPad Twist, a business-ready device that puts a new spin on the traditional convertible tablet.

"Our family of Ultrabook convertibles addresses the unique needs of consumers, businesses and everyone in between by creating high performance laptop-tablet combinations in new designs and different sizes," said Peter Hortensius, senior vice president, Lenovo, and president, Product Group, Lenovo. "We think these innovative convertibles are the best devices for a groundbreaking touchscreen experience, plus their multi-modes give people even more ways to use their PC."

Lenovo to Open a Computer Manufacturing Line in the United States

Striving for greater customer responsiveness and strengthening its operational foundation in the world's second largest PC market, Lenovo today announced plans to start up a U.S. manufacturing line in Whitsett, N.C., near Greensboro, early next year. This line will create 115 new manufacturing jobs, while building Think-branded notebook and desktop PCs, tablets, engineering workstations and servers for sale to North American businesses, government and education customers, and consumers.

Creating a U.S. manufacturing line defies a trend that has seen electronics production jobs migrate out of the country for more than two decades. With this capability closer to North American customers, Lenovo will increase its operational flexibility to provide a differentiated experience that includes even faster and more reliable product delivery in many situations, as well as access to a broader and more valuable set of services.

Lenovo Intros AMD Trinity-Powered ThinkCentre M78

Lenovo today announced the latest addition to its flagship M Series desktop PC line - the ThinkCentre M78 - designed for medium to large businesses. Featuring the latest AMD A-Series Accelerated Processing Units (APUs), the ThinkCentre M78 gives business professionals a reliable PC with powerful performance, a high level of security and energy efficiency.

"Professionals in medium to large businesses need dependable, productive and secure desktops to meet the day-to-day rigors of workplace demands," said Su Lijun, executive director, global desktop marketing, Lenovo. "We built the ThinkCentre M78 to last, equipping it with great performance, security and energy- saving features in one device."

Lenovo Acquires Stoneware to Expand Secure Cloud Computing

Lenovo today announced the acquisition of Stoneware Inc., to enhance and expand its cloud computing solutions, a key component of Lenovo's product portfolio. Stoneware has built a strong, profitable, and growing business by delivering innovative software technologies, which are helping people and organizations make the complex environment of cloud computing that much simpler.

As a result of this acquisition, Lenovo will add significant new technologies and accelerate its capabilities for both commercial and consumer cloud offerings, particularly the ability to provide secure content across multiple devices in education and government.

DisplayLink to Demo Lenovo USB 3.0 to DVI/VGA Monitor Adapter at IDF

DisplayLink, the leading provider of technology for virtual graphics, today announced that it will demonstrate the latest Lenovo USB 3.0 to DVI/VGA Monitor Adapter during the Intel Developer Forum 2012 San Francisco. With support on Windows 8 and legacy operating systems, the adapter offers simple "Plug and Display" connectivity and expansion from any laptop or PC to a DVI or VGA monitor over a single USB cable, making multi-monitor solutions easier than ever.

"The new Lenovo USB 3.0 to DVI/VGA Monitor Adapter offers a simple way to increase productivity and usability by adding multiple monitors to any PC," said Tom Tobul, vice president and general manager of the Think Accessories Business Unit at Lenovo. "With the ability to double or even triple a user's visual workspace, numerous applications can be used simultaneously across multiple monitors, meaning users can do more with less effort."

Lenovo Acquires CCE to Build PC+ Leader in Brazil

Lenovo Group, the world’s second largest and fastest growing major PC company today announced the acquisition of the CCE business. CCE is widely known in Brazil as a leader in PCs and consumer electronics. The acquisition significantly expands Lenovo’s presence in the world’s third-largest PC market, with a manufacturing presence and a full suite of consumer products across all four screens – PC, tablet, smart phone and TV – that define the new “PC+ era”. At the same time, it aligns profitable, fast-growing, consumer focused CCE with a global partner that will boost its overall strength, innovation capability, product portfolio and supply chain resources.

Brazilian customers will clearly and immediately benefit from better, even more competitively priced products, coming faster to market from a provider with an excellent combined heritage: a strong understanding of the Brazilian consumer on one hand and a deep innovation capability, unmatched legacy of quality, and global supply chain on the other.

Lenovo Reveals Portfolio of Idea PCs Primed for Windows 8

Today at the IFA consumer electronics show, Lenovo introduced a comprehensive update of its Idea-branded consumer PCs, including a new IdeaPad U Series Ultrabook, IdeaPad Y and Z Series laptops, and IdeaCentre A and B Series all-in-one (AIO) desktops. Powered by third generation Intel Core processors or AMD A-Series processors, Lenovo's new PCs offer consumers a variety of style, color and performance options, designed for the upcoming Windows 8 operating system.

"Our latest Idea-branded products offer more comfort, simplicity and responsiveness than ever before," said Wei Jun, vice president, Idea Product Group, Lenovo. "Designed for an optimal Windows 8 experience, users can enjoy up to 10-finger multi-touch for versatile computing; Intelligent TouchPad for easy scrolling, zooming and rotating; Lenovo Cloud for media sharing between devices; and the Windows Store for access to thousands of entertaining and useful apps. These new Idea PCs embody our commitment to deliver products that reflect the style and energy of the user."

Lenovo Ushers in New Affordable, Thin and Light S Series Laptops

Today at the IFA consumer electronics show in Berlin, Lenovo announced the expansion its ultraportable IdeaPad product line with the IdeaPad S300, S400, and S405 laptops. These affordable thin and light laptops strike a balance between portability and performance for consumers who want more computing power than a netbook and longer battery life than a traditional laptop, without the premium price of an Ultrabook.

Measuring just 21.9 mm thin (less than one inch) and weighing 1.8 kg (less than four lbs), the S Series features a sleek exterior design with a stylish metallic finish powered by either 3rd generation Intel Core or AMD A-Series processors. The S Series laptops combine comfort, simplicity and responsiveness to give consumers an inexpensive PC with quality construction and solid performance.

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