ARM Holdings Earnings Get A Hand From iPhone Sales
ARM Holdings (ARMH) on Wednesday reported double-digit gains in revenue and earnings that topped Wall Street views, spurred by strong iPhone sales and continued growth in royalties and licensing revenue. The Cambridge, England-based chip designer reported diluted earnings per American Depositary Share of 34 cents, up 28% compared to the year-earlier quarter. Revenue rose 18% to $357.6 million. Analysts polled by Thomson Reuters had expected EPS ex