Wednesday, July 25, 2012

ARM sees earnings surge 23 percent, tests forecasters' patience

ARM sees earnings surge 23 percent, tests forecasters' patience

Just when financial boffins expected ARM's consistent double-digit growth to slow-down, the company has beaten their projections with a 23 percent rise in pre-tax profit. It made £66.5 million ($103 million) in profit from £129.8 million in revenue from its numerous chip design licensees.

Engadget , ARM sees earnings surge 23 percent, tests forecasters' patience, ARM sees earnings surge 23 percent, tests forecasters' patience

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