Broadcom Reports Q3
"New product momentum in enterprise networking combined with continued momentum in a number of our new end markets enabled Broadcom to post record third quarter revenue of $425.6 million," said Alan E. "Lanny" Ross, Broadcom's President and CEO. "Each of our newly created Business Groups experienced revenue growth on a sequential quarter-to-quarter basis, driven by the continued adoption of Gigabit Ethernet in both the client and networking infrastructure markets along with the continued ramp of our wireless local area networking (LAN), Bluetooth®, cellular handset and direct broadcast satellite (DBS) products."
"Our success in entering markets such as wireless LAN, Bluetooth and cellular handset has enabled us to further diversify our revenue stream as well as to introduce a number of new technologies into the Broadcom portfolio," Mr. Ross continued. "As we look into the future, Broadcom has the unique ability to leverage our research and development efforts in these new technologies throughout our existing product lines, enabling our customers to bring to market new products with additional features and functions."
"New product momentum in enterprise networking combined with continued momentum in a number of our new end markets enabled Broadcom to post record third quarter revenue of $425.6 million," said Alan E. "Lanny" Ross, Broadcom's President and CEO. "Each of our newly created Business Groups experienced revenue growth on a sequential quarter-to-quarter basis, driven by the continued adoption of Gigabit Ethernet in both the client and networking infrastructure markets along with the continued ramp of our wireless local area networking (LAN), Bluetooth®, cellular handset and direct broadcast satellite (DBS) products."
"Our success in entering markets such as wireless LAN, Bluetooth and cellular handset has enabled us to further diversify our revenue stream as well as to introduce a number of new technologies into the Broadcom portfolio," Mr. Ross continued. "As we look into the future, Broadcom has the unique ability to leverage our research and development efforts in these new technologies throughout our existing product lines, enabling our customers to bring to market new products with additional features and functions."
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