Arm ships a billion, but earns millions. Very different from intel.
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ARM alchemy turns ubiquity into gold, profits up 25 percent
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A 25 percent rise in profits might look modest compared to the 167 percent explosion announced at the end of Q2 last year, but we doubt anyone at ARM's UK HQ will be moaning. A typically understated earnings report highlighted 1.1 billion ARM-based chips shipped into mobiles and tablets, plus another 800 million chips into other types of devices in Q2. Other tidbits included two new signings for next-gen Cortex-A15 chips, plus two more for Mali graphics chips, which ought to help the mobile chip king maintain its dominance into next year. If you had an extra sausage with your fry-up this morning, ARM, then you deserved it.
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ARM alchemy turns ubiquity into gold, profits up 25 percent originally appeared on Engadget on Tue, 26 Jul 2011 08:19:00 EDT. Please see our terms for use of feeds.
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