Tag Archives: avgo

Apple iPhone Sales Miss Estimates; Hazy On Apple Watch

Apple (AAPL) earnings and revenue topped estimates on booming China sales, but the stock tumbled late amid lower-than-expected iPhone sales and a cautious revenue guidance. The news also rocked iPhone suppliers such Skyworks Solutions (SWKS), Qorvo (QRVO) and Avago Technologies (AVGO) . Apple earned $1.85 a share in its fiscal Q3, up 45% vs. a year earlier and beating views by 4 cents. Sales grew 33% to $49.6 bil, slightly above views for $49.4

IBD 50 Stocks Illumina, Avago Tech In Buy Range

Two IBD 50 stocks are in buy range in the stock market today: Illumina (ILMN) and Avago Technologies (AVGO). Illumina has a highest-possible IBD Composite Rating of 99. On Monday, MIT put the maker of gene sequencing systems at the very top of its “smartest companies list,” which the university says highlights where important innovations are happening right now. Other companies that made the list include Tesla (TSLA), Google (GOOGL) and

3 Chipmakers Bolting Higher As Industry Consolidates

The chipmaker group is showing strength amidst acquisition announcements, including Monday’s official Intel (INTC)-Altera (ALTR) deal. The newest pact comes just days after Apple (AAPL) supplier Avago Technologies (AVGO) agreed to buy peer Broadcom (BRCM). Another Apple supplier, NXP Semiconductors (NXPI), announced its merger with Freescale Semiconductor (FSL) in March. As the semiconductor industry consolidates, here’s a look at three chipmakers