As relayed by Bloomberg, Broadcom CEO Hock Tan today discussed a “major product cycle delay” at a “large North American mobile phone” company. There was no mention of Apple by name, but according to Bloomberg, this is phrasing that Tan often uses to describe Apple.
Tan was discussing the situation because wireless revenue expected by Broadcom will come one quarter later than usual in 2020.
“We are in,” Hock said, referring Broadcom components in the iPhone. “The question is timing.”
“This year, we do not expect to see this uptick in revenue until our fourth fiscal quarter,” the CEO added. “So accordingly, we expect, our wireless revenue in Q3 will be down sequentially.”
There have been mixed rumors about iPhone release dates, but most information suggests Apple is still planning to debut new devices this fall. There may, however, be delays that will cause some of the new iPhones to be released at a later date than normal.