AAPL Stock: 118.03 ( -0.85 )

Printed from

ARM Q2 profits similar to Q1, 30-percent year-on-year improvement

updated 05:59 am EDT, Wed July 24, 2013

Litigation costs only low note in ARM quarterly report

ARM has made a marginal improvement to its revenues in recent months, according to the latest quarterly results. Revenues of $171.2 million ($264.3 million) for the second quarter are slightly higher than the 170.3 million ($263.9 million) in the previous, and represents a year-on-year increase of around 25 percent.

While the slightly higher revenues are good news, its quarter-to-quarter profits have dropped slightly, from 89.4 million ($136 million) to 86.6 million ($133 million), though this is still a 30-percent improvement on the 66.5 million ($102.2) earned in the same quarter last year.

During the quarter, ARM managed to sign 25 processor licenses, including five for Cortex-A chips and seven for Mali graphics processors. Shipments of ARM-based chips are now at 2.4 billion, up 20-percent year-on-year.

The only real upset in the quarterly report is that the company incurred 41.8 million ($64.2 million) in costs listed as "ARM's contribution to a full and final settlement of certain patent related litigation." The report does not mention the other parties involved in the legal action.

by MacNN Staff




Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Ultimate Ears Megaboom Bluetooth Speaker

Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

Kinivo URBN Premium Bluetooth Headphones

We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

Jamstik+ MIDI Controller

For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


Most Commented