<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>drexlspivey</author><text>ARM is preparing to IPO next week, their main business is collecting license fees. Here are last year’s income statement:&lt;p&gt;Revenue: $2.67B (down from 2.7)&lt;p&gt;Gross profit margin: 96%&lt;p&gt;Net Profit: $524m&lt;p&gt;And they are planning to IPO at a valuation of 60-70 billion dollars! Thats a P&amp;#x2F;E of 130 and a P&amp;#x2F;S of 25. Frankly this is ridiculous for a company that collects license fees, there is no potential for massive growth, all smartphones are using ARM chips already and their biggest client has a perpetual license already. Why is it valued like a tech startup?&lt;p&gt;This is Softbank dumping on retail and they somehow got Apple and Intel to buy a small piece of the IPO (700m combined).</text><parent_chain></parent_chain></comment><story><title>Intel announces Arm investment, talks up RISC-V</title><url>https://www.tomshardware.com/news/intel-confirms-arm-investment-arm-and-risc-v-is-where-the-volumes-are</url></story>
<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>roughly</author><text>To be honest, it’s a little hard to really take this seriously. The number of times I’ve watched Intel make Serious Declarations of Significant Strategic Realignments in the last decade or so only to watch them inevitably shed all the new divisions and product lines to Focus On Core Products makes it hard to really give this the attention it might warrant.</text><parent_chain></parent_chain></comment><story><title>Intel announces Arm investment, talks up RISC-V</title><url>https://www.tomshardware.com/news/intel-confirms-arm-investment-arm-and-risc-v-is-where-the-volumes-are</url></story>