ARM says it’s ready for the iPhone

With more than 90 percent of smart-phone market already using ARM-based chips, CEO Warren East loves all the attention on iPhone.Some may be tired of Apple’s iPhone already, a week before it launches, but Warren East does not fall into that category. The chief executive of mobile-processor designer ARM thinks that the iPhone will spur the adoption of smart phones by consumers who have found the current offerings too clunky or hard to use.