$AAPL $AVGO Financial details of Broadcom's agreement with Apple weren't disclosed but should still be viewed as a "positive announcement," Wells Fargo analyst Aaron Rakers wrote in a note. The deal follows the company's 30 percent year-over-year decline in its wireless communication business as the result of the loss of FBAR content in the iPhone. As such, the deal creates the potential for upside to current expectations for the back half of 2019 and 2020.