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ARM Has Explosive Quarter

April 27, 2011 by Michael   | Category: Computing
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ARM is kicking but this quarter by reporting another yet another quarter yesterday, their sales were up 26 percent year-over-year.

The revenues for ARM hit $191 million, with a profit of about $35.5 million. Unfortunately, the bad currency exchange rates reduced the profit to $20.3 million.

Analysts are estimating that about 1.85 billion ARM-licensed chips were manufactured this quarter and global shipments are expected to surpass 8 billion units by the end of the year, making ARM a part of the billion dollar club.

The sales were driven by the strong demand for smartphones and tablets which ARM owns a considerable share of the market since many manufacturers use their processors like the Cortex.

It looks like there is no stopping ARM’s growth considering the explosion in the tablet space.  We look for a record breaking numbers next quarter.

 

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