Feeds

ARM ups profits

IP company makes lolly

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

Chipmaker ARM Holdings has rustled up a profit for the quarter, thanks in part at least to Apple's iPod.

For the first quarter, ended 31 March 2005, ARM brought in revenues of £55m, an increase of 23 per cent on the same period last year. ARM's intellectual property is included on chips used in Apple's iPod.

Income before tax was £12.5m including £6m in acquisition costs and £3m in stock option expenses. Last year it made £9.4m. In August last year ARM bought Artisan which licenses physical component designs to chip manufacturers. Observers at the time feared ARM had paid too much for the firm.

Warren East, ARM's chief executive said the quarter saw the first examples of ARM licensees also taking Artisan's physical IP.

Despite foreseeing a flatter market overall ARM continues to predict annual growth of 20 per cent in dollar terms.

ARM employs 1,179 full time employees.

More details available on ARM's website here®

Related stories

Shares fall on Arm takeover
ARM Q2 profits swell
ARM expects flat revenue to continue

Beginner's guide to SSL certificates

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
DVLA website GOES TITSUP on day paper car tax discs retire
Welcome to GOV.UK - digital by de ... FAULT
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.