Street Not Too Sweet On New IPhone, But Avago?

By | September 10, 2015

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Since Apple (AAPL) announced some serious software advancements to its new iPhone 6 lineup on Wednesday, investors have been looking at how they can benefit. JMP Securities sees Apple chip supplier Avago Technologies (AVGO) as a good iPhone play, saying Thursday that the expected strength in Apple’s new models will be “strong growth drivers” for the chipmaker. The analyst also said that Avago’s enterprise storage business will help the company see Scalper1 News

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