ARM price seems to be going through a three month flattish period after a 1 year or so steady rise. Any views on what might happen next?

More rumours from across The Pond:
"We believe the convergence of three enablers Android, ARM and touch have the
potential to end the dominance of Microsoft and Intel in what we now know as the PC
market."

RNS Number : 0214Z

Arm Holdings PLC

06 January 2011

6 January 2011

ARM HOLDINGS PLC

FOR IMMEDIATE RELEASE

Microsoft to support ARM based System on a Chip (SoC) architectures for next version of Windows

ARM notes the announcement from Microsoft Corp. at the 2011 International Consumer Electronics show in Las Vegas that the next version of Windows will support system on a Chip (SoC) architectures, including ARM-based systems from NVIDIA Corp., Qualcomm Inc. and Texas Instruments Inc.

Commenting on the announcement, Warren East, Chief Executive Officer said:

"We are excited by Microsoft's announcement, which marks a significant milestone for ARM and the ARM Partnership, and we look forward to working with Microsoft on the next generation of Windows. Windows combined with the scalability of the low-power ARM architecture, the market expertise of ARM silicon partners and the extensive SoC talent within the broad ARM ecosystem will enable innovative platforms to realize the future of computing, ultimately creating new market opportunities and delivering compelling products to consumers."

Ends

10 years ago i held these when they were about 30.00! ..... anyway, very late in the day, i bought this morning at 502

From Deutsche:
Our estimates assume gains in PC market: In our recent note "If ARM ruled the world" we highlighted that we expected Microsoft to port Windows to run on ARM in order to continue to be able to address the growing low-power tablet and netbook markets. We currently model ARM's share of the combined tablet and netbook market (70m units in 2012, 100m units in 2016) is 50%. Depending on Intel's success with its next-generation Atom processor that will address these markets, our estimates could be conservative. We also believe that ARM will gain share in the server market, where we model ARM gains 25% share of processors by 2020.

Momentum remains strong, but valuation demanding: ARM remains a scarce and high-quality pure-play on exploding smartphone and tablet adoption. Furthermore its low-power architecture looks set to gain share of other embedded processor markets such as 32-bit MCU's. We model significant long-term share gains in all of ARM's addressable markets, yet the stock trades on a demanding 40x adjusted 2012 P/E excluding stock option expense and 58x if we include stock option comp. Hold.

J P Morgan:
Although Microsoft did demonstrate Microsoft Office running natively on ARM at CES yesterday, all developers will need to build programs for ARM processors if these programs are to work. Current Windows programs will NOT work on ARM processors.

No impact of the Windows PC units will be seen on ARM royalties till 2013 and thus with the stock trading at 50x EPS there could be many quarterly disappointments on the way esp. given the huge multiple.

I've just taken a large chunk of my remaining holding off the table @506. There may be more to come, but they have been good for me. Good luck to those that still hold.

Taken mine off at 496. There will be plenty more opportunities from this share, and I've made loads from them over the past few months.

Just bought a few back @479.4.

456p. Must be worth buying a few at this price?

i sure called it wrong and shall contemplate what to do

Unlike you cyners.

Gravestone Doji yesterday.

Report on Chartattack thread , hows it going sticky?.

Will post it here, from investors inteligence....

UK Chart of the Day: 7 January 2011
Chart of the day: A counter-trend idea in ARM..
ARM Holdings soared over the past few sessions on potential sales upgrade.*

Prices jumped from 440p to a high of 535p yesterday, before pulling back sharply, leaving in its wake an extended legged candle. Such long upper tail is a sign of buying exhaustion. As such, chasing after ARM is not advised now.

In fact, a speculative short may be put on to bet on a consolidation back to 430p. The stock is currently (1) short-term oversold, (2) far from the moving average, and (3) aiming to cover the gap at 430p. Stop at 510p.

a moment of stupidity, but hey ho .... at least haven't had too many of those in recent months

=======

obeyed my own preaching and bit the bullet ..... no obvious profit to come in the immediate future, even though it is indeed a very good company

Must admit cyners thought of buying in myself last night but had too many sherberts after watching England thrash the aussies. Good job i was hung over.

Still think it could go on and on to a much steeper SP but market looks rather shakey in general at moment.

Big figures to come from the Yanks at 1.30 our time.

Could dictate which way markets go for a while. 150,000 expected.

a siren's song .... that's how to make losses even worse, even if on occasion the sale does prove to have been premature

I just sold with a respectable profit after buying at 365p a few weeks ago.

Just sold the 479.4 @550 + 70.6.

well done .... with hindsight, sorry i bit the bullet, but have learned the hard way that hanging on in hope is seriously dangerous

Rachel Cooper, 19:27, Friday 14 January 2011

ARM Holdings recent rally showed no sign of abating on Friday as the designer of microchips for gadgets such as the Apple (NASDAQ: AAPL - news) iPhone surged to another decade high.

FTSE today: market report live

This time, ARMs rise came courtesy of Intel (NASDAQ: INTC - news) , its American rival and the worlds largest maker of microchips. Intel, which is regarded as a bellwether for the industry, defied a slowdown in PC sales to clock up forecast-beating revenue and also predicted a bright outlook for the first part of this year.

Investors in the sector took heart from Intels performance, sending ARM up 26 to 530p to claim the benchmark indexs yellow jersey.

Ian Robertson, an analyst at Seymour Pierce, said the read across for UK technology hardware is supportive but not inspiring.

While Intels strong figures did nothing to quell persistent gossip that it could make a tilt at ARM, Mr Roberston suggested that ARMs smaller peer, CSR (LSE: CSR.L - news) , could be in Intels sights. But he added that he was also fascinated by the recent suggestions that Intel is looking to acquire IQE (LSE: IQE.L - news) at 95p. Gossip earlier this week suggested that Intel could make a offer for the supplier of wafers to the semiconductor industry. CSR rose 1.3 to 413.3p, while Aim-listed IQE put on to 53p.

Despite ARMs best efforts, the large-caps sank into the red as traders fretted about the strength of the economic recovery. Prompting this concern was news that China had further tightened its monetary policy, which sparked anxiety that a cooling of the countrys growth may depress demand for commodities.

where now?!

Board Changes.

ARM Holdings plc is very pleased to announce the forthcoming appointment of three new independent non-executive directors. Janice Roberts and Larry Hirst will join the board on 25 January 2011 and Andy Green will join the board on 25 February 2011.

ARM HOLDINGS PLC REPORTS RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2010

Progress on key growth drivers in Q4
Growth in adoption of ARM processor technology
o 35 processor licenses signed for a range of applications including smartphones, mobile computers, servers and smartcards
o Microsoft announced that future generations of Windows operating system will support ARM-based chips
o NVIDIA licensed both Cortex-A15 and the next-generation ARM architecture for computing markets
o Strong licensing drives a 35% sequential increase in order backlog
Growth in mobile applications
o 1.1 billion ARM-processor based chips shipped into mobile devices
Growth beyond mobile into consumer electronics and embedded products
o 0.7 billion ARM-processor based chips shipped into everything from smart-meters to solid-state drives
Growth in outsourcing of new technology
o Physical IP: Freescale became ARM's first subscription licensee for physical IP at an advanced technology node; and a foundry licensed a royalty-bearing platform of physical IP.
o Graphics: 8 licenses for Mali, ARM's advanced graphics processor

Warren East, Chief Executive Officer, said:
"ARM continues to sign licenses with influential market leaders in an increasingly digital world, and as the industry chooses ARM technology in a broadening range of electronic products, it further drives our long-term royalty opportunity. The growth in licensing and royalty revenues, throughout 2010, has combined to deliver our highest ever annual revenues, profits and cash generation.

2011 will bring exciting opportunities and challenges as ARM enters competitive new markets and we are well positioned to succeed with leading technology, an innovative business model and a thriving ecosystem of partners."

Outlook
It is generally expected that, after a strong recovery in 2010, the semiconductor industry will see more typical growth levels in 2011. With ARM well positioned to continue to gain share, we expect group dollar revenues for the full-year to be at least in line with market expectations.