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What: Shares of communications chipmaker Broadcom
So What: Excluding certain items, Broadcom earned $0.74 a share on $1.81 billion in revenue. Analysts were expecting $0.71 and $750 million, respectively. In a call with analysts, CEO Scott McGregor attributed his company's outperformance to consumers' "increasing demand for data."
Now What: Being part of Apple's
Interested in more info on Broadcom? Add it to your watchlist.
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He had stock and options positions in Apple at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Twitter as @milehighfool. You can also get his insights delivered directly to your RSS reader. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is also on Twitter as @TheMotleyFool. Its disclosure policy is at least 10% better than other disclosure policies.