Broadcom Expects Its Earnings to Bounce Back

Broadcom Inc. promised an earnings recovery in the current financial year after the chip maker posted weaker fourth-quarter figures, dented by the protracted U.S. export ban of some items to Chinese telecom giant Huawei Technologies Co.

Broadcom said per-share earnings fell to $1.97 in the final quarter of the year ended Nov. 3, compared with $2.64 a year earlier. The more closely watched adjusted earnings, which strip out some one-time items, fell 8% to $5.39 a share, in line with expectations from analysts surveyed by FactSet.

Now do intel bribing European computer manufacturers not to buy AMD chips in 2007.

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Fuente: CNBC - 🏆 12. / 72 Leer más »