ARM Holdings (ARMH)
Q2 2012 Earnings Call
July 25, 2012 4:30 am ET
D. Warren A. East - Chief Executive Officer, Director and Member of Disclosure Committee
Tim Score - Chief Financial Officer, Director, Member of Compliance Committee, Member of Disclosure Committee and Member of Risk Review Committee
Didier Scemama - BofA Merrill Lynch, Research Division
Kai Korschelt - Deutsche Bank AG, Research Division
Andrew Dunn - RBC Capital Markets, LLC, Research Division
Simon F. Schafer - Goldman Sachs Group Inc., Research Division
Janardan Menon - Liberum Capital Limited, Research Division
Julian Robert James Yates - Investec Securities (UK), Research Division
D. Warren A. East
Good morning, everybody. Olympic week, so it's fairly select bunch, so thank you all very much for coming along, braving the London transport conditions. They were fine at 6:00 this morning, by the way. So as usual, I will step-through business update, and Tim will follow-up with some detail on the numbers. It's been a really good quarter. Not one that, I would say, and here's the standout one thing that we talked about, but actually if you look right across our business, whether you cut it up by applications sector, whether you cut it out by product sector, then it's been an excellent quarter with a -- with some good news.
But if we were to highlight some things at all, then on our highlights slides, it has been a continuation of big semiconductor companies, continuing to invest in our technology, not just sort of Tier 2 types semiconductors, we've had some very serious semiconductor companies, who you'd call market leaders who have incumbent architectures that they've been with for many years, adapting ARM in their next generation of their products, which is very good. We've signed another v8 architecture license, and that is -- that particular one will be announced in due course, as and when they want to announce it. But what we can say, is that it's in networking applications. And if there is a little bit of a theme, particularly behind my excitement in these results, then it is the fact that we're starting to see quite a lot more ARM activity in the networking space, and more on that as we go.