Thursday, July 19, 2007

Broadcom second-quarter profit and revenue fall

(Reuters) - The maker of chips for everything from digital music players and television set-top boxes to mobile phones, said its profit fell to $34.3 million, or 6 cents per share, from $106.1 million, or 18 cents a share in the year-ago quarter.



Revenue fell to $897.9 million from $941.1 million a year ago. Broadcom had forecast second-quarter revenue in a range of $890 million to $905 million.


Read more at Reuters.com Market News

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