Broadcom will generate $10 in revenue from every new iPhone, JP Morgan estimates

Broadcom will generate $10 in revenue from every new iPhone, JP Morgan estimates

6 years ago
Anonymous $qrGo_Xv_Cm

https://www.cnbc.com/2018/06/05/broadcom-will-generate-10-in-revenue-from-every-new-iphone-jp-morgan-estimates.html

Broadcom will handle all of Apple's need for a class of chip in its new iPhones, according to J.P. Morgan, spelling revenue of $10 per phone for the chipmaker.

The semiconductor company will maintain total share of non-radio frequency chips used in the upcoming generation of Apple's phones, thereby becoming the sole provider of wireless charging, Wi-Fi, Bluetooth and GPS capabilities for the new models, according to analyst Harlan Sur.