The little computer-that-could benefits as supply chain eases
Raspberry Pi has reported a jump in revenue and profit for the first half of 2024, sending the company's shares soaring despite marginally lower volumes than expected.
While the figures look impressive, the company is - to a certain extent - riding the wave of easing supply constraints of previous years. During the post-pandemic period in 2023, direct sales accounted for 81 percent of units as shortages of key components held back licensees. In 2024 this dropped to 65 percent, while licensee sales increased to 35 percent.
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