Feeds

Rambus shines through economic gloom

Litigation tarnishes the gleam

  • alert
  • submit to reddit

High performance access to file storage

Rambus' fourth quarter proved to buck the trend in the chip market, showing not only sequential growth but an improvement over the same period last year. The company's figures certainly make a change from the long list of statements announcing declining sales and earnings.

Revenue for the three months to 30 September hit $27.9 million, up 20 per cent on the previous quarter. Year-on-year growth was a meagre four per cent - which would usually barely trouble the scorer, but in the current economic climate is worthy of note. Royalty revenue rose 27 per cent during the quarter to $25.1 million.

Net income was up to $6.6 million from Q3's $3.9 million, but still well down on the $10.2 million the company reported this time last year.

Income would have been a lower had Rambus not experienced a "a significant reduction" in its legal costs. It spent $2 million less suing sundry rivals this quarter than it did during Q3. Q1 2001 could see the trend continue if its action against Micron is quickly dismissed thanks to the precedent set by the Infineon case. Then again, Rambus' lawyers will earn a healthy sum out of the company's appeal against the Infineon judgement.

Revenue for the full year was up 62 per cent on the previous twelve-month total to $117.2 million. Net income for the year reached $31.8 million, up on the $21.5 million Rambus reported for 2000.

As ARM showed earlier this week and Rambus has proved, selling intellectual property rather than physical product is the way to be - doubly so when buyers just aren't buying. ®

Related Story

Shot in the ARM

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Nokia offers 'voluntary retirement' to 6,000+ Indian employees
India's 'predictability and stability' cited as mobe-maker's tax payment deadline nears
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
Adrian Mole author Sue Townsend dies at 68
RIP Blighty's best-selling author of the 1980s
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.