Broadcom (BRCM)

[johnsyn]

12:01 PM More on Apple: 1) Rumors are floating around that Apple is thinking of bolstering iOS 6 Maps by acquiring Waze, developer of a popular traffic/navigation app that relies on crowdsourced data. 2) Sources tell The Next Web Apple is partnering with Broadcom (BRCM +2.7%) to support the next-gen 802.11ac Wi-Fi standard in upcoming Macs. Broadcom already supplies Wi-Fi/Bluetooth combo chips for iOS gear. 3) Raymond James (Outperform) has lowered its March quarter iPhone sales forecast by 5M units to 37M, albeit while raising its Dec. quarter forecast by 2M to 48M.