ARM economic gains rose by 23%
ARM, a company that designs chips that use the same name microarchitecture revealed its financial Results for the last three months just past, where analysts expected earnings, but never so many.
Because it was reported, the company posted total sales of USD $213 million, from which net earnings are counted toward the pocket of $103 million, ie 23% more than during the same period last year.
This is noteworthy not only because arm designs chips and not the factory, earning money only by selling licenses, but also by the more negative prediction that analysts were already mentioned above, predicting lower figures due to an economic outlook dark world and reduced sales expectations by clients of ARM, such as Qualcomm.
Link: ARM Sees 23 Percent profit arises, tests Forecasters’ patience (Engadget)Tags: arm, conomy, earnings, economicose results, Growth, money, Results, sales