ARM has recently posted its quarterly earnings on the company's official website. The results continue the amazing winning streak for the British company.
The results are even better than the ones ARM posted late last year, when they announced the doubling of their revenue.
For the ones that need a reminder, ARM is short for Advanced RISC Machine, but, 20 years ago it was an acronym for Acorn RISC Machine.
The company achieved a lot during the past 20 years. It started as a CPU project funded by Acorn Computer and Apple during the ’80 and, later, it ended up saving both of the founding companies from financial trouble.
During the mid ’90, Apple started slowly selling its ARM Holdings shares to try and get the money to survive and they’ve managed to stay afloat. The move was slow, as back in 1999 Apple still owned around 7.2 million ARM shares, that represented 14.8 percent of ARM Holdings, at that time.
This slow input of capital is said to be the move that saved Apple from bankruptcy.
Acorn also sold its ARM Holdings shares, but it did it even slower than Apple. They’ve held on to the ARM stock and, by 1999, that ARM stock was worth more than the rest of Acorn Computer’s capital combined.
ARM Holdings kept a close relationship with Apple and, in 2001, the Cupertino based company launched a device that marked the definite change in the mobile computer and phone history, the iPod.
Apple’s own fate was fundamentally changed after the iPod came out. The small device was powered by two ARMv7 processors and it made more money for both companies than they’ve ever made before from a single product launch.