Broadcom's revenue forecast disappoints on possible Apple iPhone delay
Share:
(Reuters) - Broadcom Inc on Thursday forecast current-quarter revenue with a midpoint slightly below analysts' estimates, in part caused by a delay at a "large North American mobile phone" customer that analysts believe is Apple Inc. The company forecast fiscal third-quarter revenue of about $5.75 billion (4.5 billion pounds), plus or minus $150 million. Analysts on average were expecting $5.79 billion, according to IBES data from Refinitiv."We would normally expect to see a double-digit..