It seems that ARM has beaten again the forecasters’ predictions for Q2 2012, and even better, the British chip designer outperformed the industry as well.
While Intel and Qualcomm had to reduce expectations for their results, ARM surprised everyone with a 23% profit surge in the last quarter, or a $103.2 million pre-tax profit for $135 million worth of sales. Analyst Julian Yates at Investec said it was a good set of numbers – “It’s 5 percent ahead of our profit number, and they have beats on top-line royalties and licenses”.
Admittedly, ARM is not playing with billions every quarter like Intel does. But they don’t need to, [...]