Arm was founded in 1990 by APPLE and their UK partner acorn. Apple sold their stock in the bad times for Apple. Now. Who would know better about arm but apple. WE had filed our patent previously to this time period. Some of us can remember the difficulty ptsc had trying to market our great chips against arm. Our chips were good. But we never had a gorilla behind us. They all had doubts about us surviving. Always. Every time.
Arm eventually gained 95 percent of the mobile market, and in 2010, it was rumored apple again would repurchase arm for 8 billion. rumor only. Of course this drove arm stock much higher and nothing could materialize and the stock price is way too high for any takeover. opinion! apple was rumored to want to control this market.
Arm's margins are almost 95%
my view. Yes I was around then and remember all the disappointment suffered by both management and shareholders of ptsc.