Trading up?
What? Usually, having a solid product and thriving business is a black mark against a company on the exchange. There needs to be an investigation.
ARM Holdings gives the thumbs-up, reports revenue and licensing uptick
Chip designer ARM has reported revenue and profit increases in Q1, with its shares trading up despite a moody FTSE 100 this morning. Q1 2016 saw a year-on-year dollar revenue rise for ARM at 14 per cent (22 per cent in £) when its results were posted today. Pre-tax profits of £137.5m are an increase of 14 per cent year-on-year …
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Wednesday 20th April 2016 20:51 GMT kryptylomese
ARM are going to get stronger - they sell more licenses in a year than Intel have sold processors ever!
Despite Apple cutting production, ARM CPU's are being used in more places all the time including the server space and ARM latest intellectual offerings come with a bigger profit margin.
Banks and other financial orgs don't understand what ARM are doing OR they are just trying to manipulate market (imagine that...) because they have said that ARM shares are not as valuable as they were before the Apple announcement - watch this space......
Biting the hand that feeds IT
