Broadcom Reports Third Quarter 2011 Results

Net revenue for the third quarter of 2011 was $1.96 billion. This represents an increase of 8.4% compared with the $1.81 billion reported for the third quarter of 2010. Net income computed in accordance with U.S. generally accepted accounting principles (GAAP) for the third quarter of 2011 was $270 million, or $.48 per share (diluted), compared with GAAP net income of $328 million, or $.60 per share (diluted), for the third quarter of 2010.

In addition to GAAP results, Broadcom reports adjusted net income and adjusted net income per share, referred to respectively as non-GAAP net income and non-GAAP diluted net income per share. A discussion of Broadcom's use of these and other non-GAAP financial measures is set forth below. Reconciliations of GAAP to non-GAAP financial measures for the three and nine months ended September 30, 2011 and 2010, respectively, appear in the financial statements portion of this release under the heading Unaudited Schedule of Selected GAAP to Non-GAAP Adjustments.

Non-GAAP net income for the third quarter of 2011 was $476 million, or $.82 per share (diluted), compared with non-GAAP net income of $456 million, or $.80 per share (diluted), for the third quarter of 2010.

Conference Call Information
As previously announced, Broadcom will conduct a conference call with analysts and investors to discuss its third quarter financial results and current financial prospects 26 October 2011 at 1:45 p.m. Pacific Time (4:45 p.m. Eastern Time). The company will broadcast the conference call via webcast over the Internet. To listen to the webcast, or to view the financial and other statistical information required by Securities and Exchange Commission Regulation G, please visit

www.broadcom.com/investors

The webcast will be recorded and available for replay until 11:59 p.m. Pacific Time on Thursday, November 24, 2011.