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Bloomberg Reports That Apple Seeks to Use Own Chips in Macs Instead of Intel’s By 2020

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Dow 30 component, Apple Inc. (AAPL), has announced its plan to use its own chips in its Mac computers hopefully as early as the year 2020. Currently, Apple uses processors from Intel Corp. (INTC).

Apple’s Kalamata, as this initiative is called according to Bloomberg’s report, is only in the early stages of development, but comes as part of Apple’s overall strategy to make their devices work together more seamlessly.

Apple has been using Intel’s chips for its Mac computers since 2005, but the company has been working to design its own chips for all of its devices for years now. Many believe that this goal of phasing Intel out by 2020 may prove to be a bit aggressive and that other pc makers will not follow Apple’s lead with regard to this initiative.

We can push the envelope on innovation. We have better control over timing, over cost and over quality.” -Chief Financial Officer Luca Maestri

To learn more about Apple (AAPL) and track its ongoing progress please visit the Vista Partners Apple Coverage Page.

To learn more about Intel Corporation (INTC) and to track its progress please visit the Vista Partners Intel Corporation Coverage Page.

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Apple plans to replace Intel chips in Macs with its own: Bloomberg

Apple Inc (AAPL.O) is planning to use its own chips in Mac computers beginning as early as 2020, replacing processors from Intel Corp (INTC.O), Bloomberg reported on Monday, citing people familiar with the matter…

www.reuters.com

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