Tim Cook Doesn't See A Path Back To Chip Vendors: 'We Like To Own The Primary Technologies In The Products That We Ship'
Portfolio Pulse from Ananya Gairola
During Apple's Q4 earnings call, CEO Tim Cook reaffirmed the company's commitment to using internal silicon for their products, stating that the transition to in-house silicon production has been economically profitable and enabled the creation of new products. This comes after Apple launched its latest proprietary chips, the M3, M3 Pro, and M3 Max, and completed its transition from Intel chips in 2023.
November 03, 2023 | 11:23 am
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NEGATIVE IMPACT
Apple's transition away from Intel chips could negatively impact Intel's revenues.
Apple's transition away from Intel chips to in-house silicon production could lead to a decrease in demand for Intel's chips, potentially negatively impacting their revenues and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Apple's commitment to in-house silicon production could lead to more innovative products and increased profitability.
Apple's transition to in-house silicon production has been economically profitable and has enabled the creation of new products. This could lead to increased profitability and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100