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ARM profits increase for Q1 2013, 2.6 billion ARM-based chips have been shipped this quarter

ARM's Q1 2013 results are great, profits are up and ARM-based shipments are huge

| Business, Financial & Legal News | Posted: Apr 23, 2013 2:32 pm

ARM has had a stellar Q1 2013, with pre-tax profits increasing by 44%, and revenues seeing an increase of 26% to $209.4 million since the same quarter of last year.

 

TweakTown image news/2/9/29882_01_arm_profits_increase_for_q1_2013_2_6_billion_arm_based_chips_have_been_shipped_this_quarter.jpg

 

ARM is seeing this continued success thanks to their adoption of low-power chip designs, embracing smartphones (who wouldn't?!), mobile computing, digital TVs and wearable technology. Higher royalties per chip are also coming from their advanced technologies baked into their ARMv8, Mali and big.LITTLE products.

 

Over the course of the first quarter of this year, the company shipped 2.6 billion ARM-based chips, which is a huge 35% increase year-on-year, with embedded hardware up a nice 50% since Q1 2012. ARM's Mali products have exploded, up 500% on shipments versus the same quarter of last year.

NEWS SOURCE
Engadget.com

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