Broadcom Crushes Expectations with Earnings Report, Announces 10-for-1 Stock Split!

Evil Earnings Domination

Well well well Broadcom has done it again! Their earnings for the second fiscal quarter have surpassed those pesky analysts' estimates. *laughs evilly* Earnings per share clocked in at $10.96 beating the expected $10.84. Revenue hit a whopping $12.49 billion soaring past the projected $12.03 billion. Looks like Broadcom is on the fast track to world domination one chip at a time!

Stock Split Shenanigans

And hold onto your evil hats because Broadcom also announced a 10 for 1 stock split! Trading on a split adjusted basis starts on July 15. The stock even rose about 10% in extended trading. It's like printing money baby! *cue evil laugh*

AI Takeover

Ah the sweet smell of artificial intelligence. Broadcom is basking in the AI boom as its devices run the tech industry's favorite AI applications. Sales from AI products hit a mind boggling $3.1 billion during the quarter. In your face silicon haters!

VMware Victory Lap

To top it all off Broadcom's acquisition of VMware for a cool $69 billion is paying off big time. VMware's revenue is boosting Broadcom's sales growth and outlook for the year. Overall revenue soared 43% annually. Without VMware it would still be a respectable 12% increase year over year. Looks like Broadcom knows how to make some evil money moves!