ARM foresees a decline in their numbers for the remainder of the year
The remainder of this 2012 is not going to be the best years for ARM, that’s for sure. The company, which saw its overall revenue numbers and suffered a decline during the first part of the year, expects the trend to continue for the remainder of 2012, even though the holiday season has meant a rise historically.
Warren East, head up the company, told the Financial Times that this is because the projections indicate a decline in sales of smartphones, and the consequences of that decline will also sprinkle the company. As a result, complicated times ahead for arm and this will be reflected in its recruitment policy: fewer engineers with years of experience, and more recent graduates.
East explains that this move is not what they would have liked more as a company, but the market is still very hostile and has left them no choice. Moreover, the future could also bring a complex scenario for ARM aspirations, especially considering what it means to have a new competitor to Intel, which is slowly getting and putting pressure on the mobile segment.
Link: ARM Expects slowdown in second half of 2012 (Hexus)Tags: arm, Estimates, market