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Excellent post!

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The key problem ARM still has is the relatively low EPS given the shares' valuation. That is especially noteworthy for a company built on IP licensing, so very low running costs or needed CapEx. It's hard to see how they will get those royalties to go up drastically. And, ARM and its team badly fumbled their lawsuit against Qualcomm, turning what many thought to be a highly likely win into a resounding loss, at least for this round.

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