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Apple Plans To Use Its Own Chips In Macs From 2020, Dropping Intel Whose Shares Fell Yesterday

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In 2005, Apple’s CEO Steve Jobs made the public aware of its intention to transit. The transition was from the use of PowerPC microprocessors supplied by Freescale (formerly Motorola) and IBM in its Macintosh computers, to processors designed and manufactured by Intel. The announcement was made at the Worldwide Developers Conference (WWDC). Moving forward, Apple is reportedly planning to drop Intel chips from its Mac computers as early as 2020, replacing them with processors designed in-house, the goal? To make Mac Computers in the same way the company manufactures iPhones and iPads according to a new report from Bloomberg . The switch would be a big blow to Intel, whose partnership helped revive Apple’s Mac success and linked the chipmaker to one of the leading brands in electronics. Apple provides Intel with about 5 percent of its annual revenue, according to Bloomberg supply chain analysis. Intel shares dropped as much as 9.2 percent, the biggest intraday drop in more th...