GamerNode: News - Nvidia named Forbes' 2007 Company of the Year

Nvidia named Forbes' 2007 Company of the Year

Media publishing company Forbes named Nvidia its 2007 Company of the Year.

Forbes pointed to the company's four year rise to dominance; Nvidia currently controls 62% of the desktop graphics processor market. In addition, Nvidia increased its gross margin from a mere 29% in 2004 to a current 46%. In just a few weeks, Nvidia will report gross revenue of $4 billion, up 33% and net profit of $900 million, up 50%.

Current Nvidia Chief Executive Jen-Hsun Huang took the company public in 1999 and its stock has risen over 2100% since. Darn, it looks like I should have bought some stock back then.

While Nvidia is well-known for its work in the PC hardware field, they're also working on other aspects, such as hardware support for the PlayStation 3 and non-gaming aspects such as Google Earth. Nvidia hopes that applying its graphical hardware to web applications like Google Earth will foster its popularity.

Huang said, "What if Google Earth had a 3-D representation of every single building, every single square meter on Earth, and you could access it in the blink of an eye? Take the Forbidden City in China. I know the model exists. We've seen the models. It is photorealistic. It is cinematic. It is breathtaking. All of those experiences are possible already."

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