ARM seems to be completely ignoring the sales downturn that almost every single component manufacturer has seen in this quarter, as well as previous ones, turning in on increase of 14% on revenue and 24% on profit in Q1 of 2015. As The Register points out that equates to 450 chips selling every second, something even automated stock trading algorithms have to be impressed by. Royalty revenue increased by 31% thanks to Mali, regardless of Apple's decision not to use that chip in their iPhone 6. You can expect to see more news on ARM from us in the near future and you can expect the news to be good for their investors and users.
"The first three months of 2015 have been good to ARM, which saw revenues of $348.2m and pre-tax profits of $120.5m in the first quarter, with 3.8 billion ARM-based chips shipped – or more than 450 chips per second."
Here is some more Tech News from around the web:
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- 'No iOS Zone' Wi-Fi zero-day bug forces iPhones, iPads to crash and burn @ The Register
- New atomic clock won’t lose a second in 15 billion years @ Extremetech