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ARM reports revenues up 13 percent, bicep-curling profits up 22 percent
UK-based chip designer ARM just announced another booming quarter, with revenue up by 13 percent to $209.4 million. Pre-tax profits were even stronger, growing 22 percent year-over-year to $100 million. Not a bad profit margin by anyone's standards, and due to entirely to the Cambridge outfit's business model, which has seen 22 new processor licenses signed this quarter. That includes everything from the smallest Cortex-M class chips for use in the "Internet of Things" right through to the mini-monster Cortex-A15. There were also two new signings for the Mali graphics core, which is still proving its worth in some of the latest Samsung Galaxy devices. Overall, the number of chips that went into mobile phones and mobile computers remained steady, but the shipment of chips for other types of consumer and embedded devices grew by 15 percent year-on-year, proving that ARM not only has muscle, but also fingers in pies.
ARM alchemy turns ubiquity into gold, profits up 25 percent
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.
