Buyers are passing up cheap PCs to get tablets, Nvidia CEO says

11/8/2012 | CNET · Bloomberg Businessweek

As tablet computers become more advanced, people are becoming more attracted to them than cheaper PCs, Nvidia CEO Jen-Hsun Huang says. "These days, tablets are so versatile, transformable. Now with Microsoft Surface and Windows RT, the distinction between a tablet and a cheap notebook has all but disappeared. ... The future of cheap PCs is tablets," Huang said. Nvidia said its net income in the quarter ended Oct. 28 was $209.1 million, compared with $178.3 million in the year-ago quarter, as revenue increased 13% to $1.2 billion.

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CNET · Bloomberg Businessweek

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