ARGB8888 = 8 bits each of alpha, red, green, blue. If you had 10 bits per channel it would say ARGB2101010 http://i.imgur.com/ds1t6HV.png
ARG8888 and it says Pixel depth: 32-bit Color
ARG2101010 and it says Pixel depth: 30-bit Color
Surely it's not actually 2 bit Alpha in ARG2101010