5G

Broadcom’s Fourth-Quarter Sales, Profit Top Analysts’ Estimates

Chief Editor January 31, 2014 0 14 sec read
, a maker of communications chips used by Apple Inc. (AAPL) and Samsung Electronics Co., reported fourth-quarter revenue and profit that topped estimates, buoyed by sales of chips for phone networks.

Sales were $2.06 billion and profit, excluding certain costs, was 60 cents a share, Broadcom said yesterday in a statement.

Posted: 2014-01-31 06:23:00

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