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July 25, 2012 12:17 pm GMT
ARM Holdings -- supplier of microchips for Apple's iPhone and iPad products, Samsung's Galaxy line and soon technology for Microsoft's Windows 8 devices -- continues to report strong results while riding the wireless device boom and expanding to newer areas. The company reported Q2 earnings (ended June 30) of 135.5 million ($213 million), beating analyst estimates of $206 million. Net profit was up by 48 percent, to 39.4 million compared to 26.6 million for the same quarter a year ago.Pointedly, the company is gearing up for continuing good fortune, at least for the next quarter: It says it has a "record order backlog" that will let it ride well into Q3, but cautioned that macroeconomic uncertainties may impact what happens in Q4.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/K8Y-WxpfL3o/
Microchip Giant ARM Reports Q2 Earnings: Sales 136M, Net Profit 39.4M, EPS Of 3.58; Record Order Backlog
ARM Holdings -- supplier of microchips for Apple's iPhone and iPad products, Samsung's Galaxy line and soon technology for Microsoft's Windows 8 devices -- continues to report strong results while riding the wireless device boom and expanding to newer areas. The company reported Q2 earnings (ended June 30) of 135.5 million ($213 million), beating analyst estimates of $206 million. Net profit was up by 48 percent, to 39.4 million compared to 26.6 million for the same quarter a year ago.Pointedly, the company is gearing up for continuing good fortune, at least for the next quarter: It says it has a "record order backlog" that will let it ride well into Q3, but cautioned that macroeconomic uncertainties may impact what happens in Q4.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/K8Y-WxpfL3o/
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