With Apple’s (NASDAQ:AAPL) ramp up in the production of its iPhone X, techies benefit in the form of consumers and companies. Broadcom (NASDAQ:AVGO), a chipmaker involved with the phone, can expect an increase in sales as a result of this boost.
The more iPhone Xs Apple produces, the better off Broadcom is, and an increase in earnings will likely be the result (for both companies technically). The improved production of the iPhone X will no doubt benefit Broadcom’s fiscal quarter 1 and give the company a good head start to the new year.
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