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Raspberry Pis Annual Results: A 25% Surge in Earnings and 7% Unit Increase
Raspberry Pis latest annual results show a significant boost in earnings and unit sales, with a 25% jump in adjusted core earnings to $46.4 million and a 7% increase in total units moved to 7.6 million. The companys demand surged, particularly in the second half of the year, driven by hobbyist and industrial demand. Despite strong momentum in the early months of 2023, Raspberry Pi faces challenges due to tight supplies in the DRAM chip market, which may impact their growth in the second half of the year.
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