Apple Strikes Multi-Year Chip Deal with Broadcom, Expected to Exceed $30 Billion
BlockBeats News, July 8th, Apple (AAPL) announced a new multi-year agreement with Broadcom (AVGO), expected to be worth over $300 billion, to manufacture over 150 billion chips in the United States.
The services business is positioned higher in the gross margin statement than in the revenue statement, and the growth rate in Greater China is faster than in Apple's other major reporting regions.