All Signs Point To Apple Inc. (AAPL) Using Own Chips

Apple iPhone 8 with battery problems

Intel shares were down more than 7.5 percent to $48.12 in late afternoon trading on the Nasdaq exchange in NY.

Intel closed Monday's regular trading session down 6.07% or $3.16 to $48.92. Following the completion of the sale, the insider now owns 13,739 shares of the company's stock, valued at $2,401,302.42. Intel also said that the company does not comment on rumors about its customers.

According to The Verge, the changeover is expected to begin with Apple's less power-intensive computers, such as the 12ins MacBook.

Intel has seen its key PC market decline, but it was able to achieve a new business with Apple by providing 4G chips for some iPhones.

The report adds that Apple is working with TSMC to develop the microLED panels, which make use of light-emitting compounds to provide a more efficient and slimmer, yet also brighter, displays than OLED panels.

The shares of the world's leading manufacturer of computer chips dipped a worrisome nine percent on Wednesday, April 3rd following a report by Bloomberg that Apple was ditching it in favor of simply making its own chips in the future. "It makes sense to assume that they will go further in this direction", said Shannon Cross, analyst at Cross Research.

Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications.

The move is seen as a strategy to make all of Apple Macs, iPhones and iPads work more similarly and seamlessly together.

Apple creates its own chips through the ARM-based silicon, these have been used in Apple computers but normally only as back-up to Intel's main CPU. They expect $0.10 EPS, up 11.11% or $0.01 from last year's $0.09 per share.

Nearly certainly the new processors would be based on the ARM architecture which is used as the template for virtually every mobile phone processor including those used in the iPhone and iPad.

And it should be noted that Apple's development of its own chip is not a new phenomenon. This year's version of the iOS will likely be focused more on reliability and performance.

Apple's in-house chips would replace Intel's chips, thereby wiping out billions of dollars in revenue, Wall Street analysts found.

Apple's decision to switch away from Intel in PC's wouldn't have a major impact on the chipmaker's earnings because sales to the iPhone maker only constitute a small amount of its total, said Kevin Cassidy, an analyst at Stifel Nicolaus & Co.

Related News:



Most liked

Multiple injuries reported as Masters-bound bus crashes
Westbound traffic has since cleared but eastbound traffic is still heavy with single lane traffic being diverted to the shoulder. Neither the GSP nor Gwinnett police have any previous DUIs on record for Hoppenbrouwer. "Major incident here.

Masters 2018: McIlroy coping with Augusta's unique pressures
McIlroy, who is in search of his first Masters victory, backed up his 69 on Thursday with a hard-earned 1 under 71 on Friday. Finau shot a 68 on Thursday and backed that up with a 74 on Friday and is at 2 under for the tournament . "I feel relaxed.

Trump praises EPA head, is looking into reports
EPA spokesman Jahan Wilcox told ABC News the agency "will respond to Congresswoman McCollum through the proper channel". But he defended his employees, saying with a touch of hubris that they 'serve a very important person'.

Tony Finau will attempt to play The Masters despite dislocating his ankle
Trending today on KRON4's Morning Buzz, Tiger at the Masters , Tony Finau wrecks his ankle and Bubba Watson makes a trick shot. Weirdly, it looks like he pops it back into place while he's laying on the ground, before getting back up and walking it off.

Grainy video could be clue in Washington family's SUV death plunge
The Columbus Police Department said the 3200 block of 4th Avenue was the last place where Erin Collier, 37, was seen. He said the Harts left Alexandria for OR looking for a change of weather and pace.

Masters is our Super Bowl - Spieth
His quest to better Jack Nicklaus's record of 18 major titles stalled after he grabbed number 14 at the 2008 U.S. But lately, things are on the upswing for the legendary golfer. "But for some reason, I don't have any pain.

Barcelona has doubts about Messi, Busquets against Roma
We're in the Copa del Rey final, we're well placed in LaLiga and we'll have to see how we get on in the Champions League . Barcelona and Roma have played four games against each other in Champions Leauge history.

CMA publishes latest Fox remedies for Sky bid
As an alternative to the Disney sale, Fox proposed additional measures to preserve the news channel's independence. Fox had previously proposed giving Sky News its own editorial board and a 10-year funding guarantee.

Warnings remain with more rain and snow forecast
In a Twitter post Sunday morning, the department called out WBZ chief meteorologist Eric Fisher, putting him "on notice". There is a chance a wintry mix may redevelop Monday morning before a chance of showers and thunderstorms Monday night.

Skripal poisoning was in UK's interests: Lavrov
The experts are speaking about them. "There could be a whole number of reasons and none of them can be ruled out", Lavrov said. Russian Foreign Minister Sergei Lavrov says the poisoning of Sergei Skripal could have been in Britain's interests.

IOC chief says Kim committed to Olympics in Tokyo, Beijing
A North Korean team has participated at every addition of the Summer Olympics since they boycotted Seoul 1988. International Olympic Committee delegation's visit to Pyongyang began on Thursday and finished on Saturday.

IPL 2018: Sunrisers Hyderabad sign Alex Hales as replacement for David Warner
Hales has been in poor for Islamabad United in the Pakistan Super League recently where he could only manage a top score of 46. The 31-year-old Warner was the leading run-getter for SRH in the 2017 IPL as he guided them to the title in 2016.

One Mega Millions victor on ticket bought in New Jersey
Friday's 11pm ET (11am Singapore time) jackpot drawing was for the 10th largest prize ever offered in the United States. Lines at convenience stores were several deep throughout Friday, as people got their hands on Mega Millions tickets.

Jackson and Olding remain suspended pending review
I don't agree with her perception of events and I maintain that everything that happened on that evening was consensual. On Wednesday, the pair were found not guilty after the jury deliberated for almost four hours.

NY 2018: Volkswagen Atlas Tanoak Pick-up Concept Unveiled
The pickup concept bears a noticeable resemblance to its three-row Atlas sibling and boasts the model's logo on its rear tailgate. The rear doors are very, very short, and barely noticeable as doors at a glance, with their handles buried within the C-pillar.