Last year, Broadcom received about 20% of revenue precisely through cooperation with Apple, and at the moment this share can reach 25%, according to some estimates. The strong impact of Apple’s smartphone release cycle has led Broadcom to include this factor in its financial forecasts for the quarter. The expectations announced the other day turned out to be higher than the expected values ​​by analysts if we talk about Broadcom’s revenue, which is planned to be received in the fourth quarter. Analysts called the amount no more than $ 6.18 billion, and representatives of Broadcom announced a forecast of $ 6.4 billion.

The expected high demand not only for other smartphones with 5G support, but also components for server equipment manufactured by this company allows us to speak about the favorable dynamics of Broadcom. In the current half-year, demand for such products will remain at a consistently high level, as expected by representatives of Broadcom. In this sense, they are saddened only by the delay in the sequence of the release of new iPhone models, which will appear later this year. The name Apple was not directly mentioned, but it was about a major American smartphone maker, which left little room for interpretation. On Broadcom’s calendar, the fourth fiscal quarter will end on November 1 of this year, so the company’s revenue surge should coincide with the launch of a full range of new iPhone models.

The third quarter brought Broadcom revenue of $ 5.82 billion against the expected $ 5.76 billion. In the fourth quarter, the company expects some decrease in demand from corporate customers, but telecom operators and providers will move revenue up, as well as the telecommunications sector. The latest forecast caused Broadcom’s share price to rise by a couple of percent.