Report
Brian Colello, CPA
EUR 147.86 For Business Accounts Only

Broadcom Ltd. Reports Solid Near-Term Results as it Remains Well Positioned Within Future iPhones

Broadcom Limited reported fiscal third-quarter results and provided investors with a fourth-quarter outlook that were relatively in line with our prior expectations, as the firm appears well positioned to benefit from increased wireless chip content within Apple’s upcoming iPhone 7. We will maintain our $165 fair value estimate and narrow moat rating for the firm, but we would continue to wait for a wider margin of safety before investing in the company’s shares.
Revenue in the July quarter was ...
Underlying
Broadcom Inc

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brian Colello, CPA

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