Then there's the lowering of the outlook for the second fiscal quarter. And this is no small reduction either, it's a 15% cut, down from $950 - $970 million to $800 - $820 million. Increased costs and weak European/China demand are being blamed.
Then shareholders gave NVIDIA a spanking. Shares were down 3% in regular trading and more than 6.6% in after-hours trading.
NVIDIA's Fermi gamble doesn't seem to be paying off, and losing the iMac and the Mac Pro underlines the lack of confidence that OEMs have in NVIDIA's current silicon lineup.