Feeds

ARM ups profits

IP company makes lolly

  • alert
  • submit to reddit

The Essential Guide to IT Transformation

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

Boost IT visibility and business value

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.