Microchip Giant ARM Reports Q2 Earnings: Sales £136M, Net Profit £39.4M, EPS Of £3.58; ‘Record Order Backlog’
Ingrid is a reporter for TechCrunch, joining February 2012, based out of London. She comes from paidContent.org, where she was a staff writer, and has in the past also written freelance regularly for other publications such as the Financial Times. Ingrid covers mobile, digital media, advertising and the spaces where these intersect. When it comes to work, she feels most... ? Learn More ARM Holdings — supplier of microchips for Apple’s iPhone and iPad products, Samsung’s Galaxy line and soon technology for Microsoft’s Windows 8 devices — continues to report strong results while riding the wireless device boom and expanding to newer areas. The company reported Q2 earnings (ended June 30) of £135.5 million ($213 million), beating analyst estimates of $206 million. Net profit was up by 48 percent, to £39.4 million compared to £26.6 million for the same quarter a year ago. Pointedly, the company is gearing up for continuing good fortune, at least for the next quarter: It says it has a “re...