Here's Why Broadcom Expects Its Wireless Business to Be Flat This Quarter [The Motley Fool]
Broadcom Inc. (AVGO)
Last broadcom inc. earnings: 3/12 04:15 pm
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Source: The Motley Fool
Apple's rise will be offset by Samsung's fall. Chip giant Broadcom ( NASDAQ:AVGO ) is a supplier of critical wireless chips into flagship smartphones . It sells Wi-Fi/Bluetooth combination chips, touch-screen controllers, radio frequency chips, and more into devices like Apple 's ( NASDAQ:AAPL ) flagship iPhones and the Samsung ( NASDAQOTH:SSNLF ) Galaxy S and Galaxy Note devices. Last quarter, Broadcom's wireless chip business, which made up 26% of the company's revenue in that period, saw 13% year-over-year revenue growth but dropped 41% quarter over quarter. Image source: Apple. The sequential decline, Broadcom CEO Hock Tan said during its most recent quarterly earnings conference call , was deeper than usual as shipments to our North American smartphone customer reduced sharply from typically exaggerated first quarter. That North American smartphone customer is widely understood to be Apple. Partially offsetting that decline, Tan said, w
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AVGO
Earnings
- 3/7/24 - Beat
AVGO
Sec Filings
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- AVGO's page on the SEC website