Broadcom reports drop in profits in fourth quarter

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Broadcom reports drop in profits in fourth quarter
Microprocessor maker Broadcom has come out with their latest quarterly report and the company has said that their fourth-quarter profits plunged 76 percent on charges related to how it previously accounted for stock options grants.
The company posted net income of $45.1 million, or 8 cents per share in [...]

http://business.techwhack.co/1861/broadcom/