Thursday, October 25, 2012

Broadcom's 2012 Q3 sees $2.13 billion sales turn into a $220 million profit

Broadcom's 2012 Q3 sees $213 billion sales turn into a $220 million profitIf you need to borrow a couple of bucks to tide you over until payday, then the folks over at Broadcom should be feeling altruistic. The chip maker's latest financials show that it pulled in $2.13 billion turnover and a cool $220 million profit. While that's more than the $160 million it pulled in in the second quarter, it's a little off the $270 million it made in the same period last year. Given that the company's innovating with both 802.11ac chips and branching out into the wireless headphone business, they might even lend you some cash next month, too.

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Broadcom's 2012 Q3 sees $2.13 billion sales turn into a $220 million profit originally appeared on Engadget on Wed, 24 Oct 2012 10:56:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2012/10/24/broadcom-q3-2012/

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