Kunjan Sabani

Also, when we look at the revenues by Jio, Japan is becoming now almost 15 to 20 percent of revenue, which until a few quarters ago, Japan was merged into small category other.

So that tells you that the amount of revenue, both from royalty side

and licensing that Softman is bringing into this company and going to become a significantly big, concentrated customer going forward.

Softman has a lot of portfolio companies.

They acquired Graphcore, Ampere.

So you can imagine it's a leading indicator of where they would be using Arm IP.

Also, there's news about Softman working with Arm to sort of develop their own chips.

Yeah, it was a good quarter, but the concern here is that the fear that they would go back to 75% of share at Samsung comes to becoming true.

So that's, I think, what investors didn't like.

We think that Apple's share is higher than what we feared, 70.

It's close to 80 to 85%.

But that goodness got offset by the Samsung share drop.

You certainly ask interesting questions.

Well, today's your lucky day.

And I'm Katie Greifeld.