ARM is kicking but this quarter by reporting another yet another quarter yesterday, their sales were up 26 percent year-over-year.
The revenues for ARM hit $191 million, with a profit of about $35.5 million. Unfortunately, the bad currency exchange rates reduced the profit to $20.3 million.
Analysts are estimating that about 1.85 billion ARM-licensed chips were manufactured this quarter and global shipments are expected to surpass 8 billion units by the end of the year, making ARM a part of the billion dollar club.
The sales were driven by the strong demand for smartphones and tablets which ARM owns a considerable share of the market since many manufacturers use their processors like the Cortex.
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