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Monday, 04/30/2012 3:46:52 PM

Monday, April 30, 2012 3:46:52 PM

Post# of 118
12:31 PM CLSA expects Broadcom (BRCM) to beat Q1 estimates tomorrow on the back of strong Wi-Fi/Bluetooth/GPS chip orders from Apple and Samsung. However, the firm is maintaining an Underperform, and warns guidance from Apple suppliers points to a Q2 slowdown. Moreover, it thinks overall traction for Broadcom's baseband chip business is limited (though FBR disagrees), and joins Nomura in asserting Qualcomm has taken Wi-Fi share at HTC.
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