Is Apple Ready To Ditch Intel?

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HFA Staff
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Intel Corporation (NASDAQ:INTC) has had an uneasy relationship with Apple Inc. (NASDAQ:AAPL) for some years now. The mobile device company chose to design their own power efficient processors for the iPhone, and then the iPad. That move meant they passed over Intel for the contract, something that hit the firm’s business. Now however Intel is moving into the tablet market with the launch of Windows 8 and into the smart phone market on the Windows platform that leaves them directly competing with Apple, something that will cause difficulty for the firm going ahead. Intel still supplies Apple with all of…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.