The news just keeps getting better and better for ARM Holdings. Today, the chip designer reported third quarter net profits of £31.5 million ($ 50.4 million), more than double the £14.8 million it reported during Q3 2010. Revenue, meanwhile, rose to $ 192.3 million — a 22 percent increase over the previous year, and a slightly higher figure than previously expected. In a statement, chief executive Warren East attributed these results to a “continued high level of design activity, with many new customers licensing ARM technology for the first time, driven by end-market requirements for smarter, low-power chips.” Indeed, a total of one billion ARM mobile chips were shipped this quarter (up ten percent from last year), and the company expects to rake in about $ 763 million in total revenue, by the end of 2011. Find figures and facts galore, at the source link below.
ARM doubles Q3 profit, sees surge in revenue, is understandably pleased originally appeared on Engadget on Tue, 25 Oct 2011 04:58:00 EDT. Please see our terms for use of feeds.
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The Swedish Postal Service has announced that it will soon replace traditional postage stamps with a text message-based system. The system will work pretty simply — customers will send a text message to a particular number, and a special code will be texted back to them which they can then write on the letter. A spokesperson for Posten AB, the Swedish Postal Service, says the system will work for packages weighing up to two kilograms, and that it will be just as secure as traditional postage. That’s all well and good, but how will they adorn their letters with famous Swedish crime writers?
Swedes to start text message-based postage system, girl with dragon tattoo reportedly pleased originally appeared on Engadget on Tue, 08 Mar 2011 22:19:00 EDT. Please see our terms for use of feeds.
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…in Canada so a lot of sites are blocked but I'm happy to report they have linked to the Canadian versions of TV sites so I can watch things (CBC, CTV, Global). I hope they will be adding more – like Space.
gdgt – new in gadgets
As soon as the rumor broke that Apple would be renaming its struggling Apple TV to iTV, to better fit with the company’s i[Device] naming system, I thought to myself, “Isn’t ITV the name of a television network in England that always misses key goals in soccer games?” Yes, yes it is. In fact, the network isn’t too keen on Apple using the name iTV, and has promised to “vigorously defend” its IP.
In an interview with Pocket-link, Mike Large, ITV’s acting group director of Communications, said that it has a “very strong brand, and a highly valued IP.” As such, any move on Apple’s part to re-name the Apple TV could expect to meet a legal challenge.
Keep in mind that Apple has not, in fact, made any such announcement yet, but word on the street is that it will relaunch the Apple TV, giving it access to the App Store and cloud-based streaming of some sort.
Could ITV (the network) simply license its name to Apple, like what Cicso did with the iPhone? It could, sure, but Large says that such a move would “muddy the waters” with respect to its brand awareness.
Looks like Apple could have a bit of a fight on its hands.
Props to CrunchGear
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