ARM profits are Absolutely Fabless

ARM Holdings, the absolutely fab fabless chip company, has pulled some soaring growth and profit figures yet again out of the bag.

First half sales were up 62 per cent to £44.5 million (1999: £27.5 million), and PBT was up 135 per cent to £16.5 million (1999: £7 million)

For Q2, ending 30 June 2000 sales were up 60 per cent to £23.1 million (1999: £14.5 million)and PBT was was up 17 per cent to 8.3 million (1999: £3.8 million).

Unit shipments climbed to 78.7 million in Q2, from 71.8 million in Q1.

ARM, which now has seven development partners, also reported a sharp increase in sales of design systems, pulling in more than £5 million from this source in the first half. ®