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