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Thursday, January 23, 2020

01-23-2020

https://www.cnbc.com/2020/01/23/broadcom-will-sell-apple-wireless-parts-for-three-years-as-5g-launches.html

Broadcom strikes $15 billion deal with Apple to sell it iPhone parts


  • Broadcom will sell $15 billion of wireless components to Apple, it announced in an SEC filing on Thursday.
  • Broadcom said in a December filing that Apple’s business comprised 20% of Broadcom’s net revenue in 2019 and 25% in 2018.
  • The announcement did not specify which components Broadcom would provide to the iPhone maker.
  • cnbc.com/2020/01/23/intel-intc-earnings-q4-2019.html
  • Intel’s stock jumps 7% on better-than-expected earnings and revenue

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