Feeds

ARM ups profits

IP company makes lolly

  • alert
  • submit to reddit

Intelligent flash storage arrays

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

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
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.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.