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Broadcom Corp.

July 31, 2011

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Broadcom, which supplies communications chips for Apple’s mobile devices, said third-quarter sales will be $1.9 billion to $2 billion. That beat analysts’ sales estimate of $1.93 billion. The California company’s forecast was driven by surging demand for the iPhone and iPad, which helped counter slower demand from handset maker Nokia Oyj, which Broadcom also supplies.