ARM tops forecasts on boom in smartphones and tablets

By Paul Sandle LONDON (Reuters) - British chip designer ARM Holdings beat first-quarter profit forecasts, driven by buoyant demand for smartphones and tablets that use its processor technology and the strength of the dollar. Chief financial officer Tim Score predicted the success of customers like Apple and Samsung would help the firm to continue outperforming rivals, boosting its high-flying shares over 8 percent on Tuesday. ...



via Tech News Headlines - Yahoo! News http://news.yahoo.com/arm-tops-forecasts-boom-smartphones-tablets-111737982--finance.html