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.

Featured Image: depositphotos/wolterke

Author Samara Malkin

About the author: Samara graduated from Simon Fraser University with a BA in English, minoring in Publishing and Creative Writing. One day she hopes to publish her very own novel, but in the meantime, she contents herself with blogging and editing. She currently specializes in writing financial news and analysis, as well as cryptocurrency news and information.