Apple Inc announced that it would use its inhouse microprocessor chips for the Mac Computers. Its flagship computers are closing its fifteen-year-old ties with Intel Corp, which supplies processors for the laptop and desktops.
Tim Cook Announced Apple’s Move to use Inhouse Processors
Tim Cook, the CEO of Apple Inc, said that the company is starting to use its processors creating the milestone for the commands flagship product line, which has been pivotal in its rise and revival in the 80 and ’90s. In the company’s annual developer conference, Cook gave a virtual keynote address in which he emphasized the importance of Apple Silicon chips in the hardware.
Apple CEO Noted in His Keynote Speech
“Silicon is at the heart of our hardware,” he noted while addressing in a virtual keynote recorded at Apple’s Cupertino, California, headquarters “Having a world-class silicon design team is a game-changer.”
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Closure of 15-year-old reliance on Intel for processors
During Apple’s Worldwide Developer Conference, Tim Cook announced what can be a game-changer for the company ending a 15-year-old supply relationship with Intel Corp.
Apple is focusing on paid services.
The paradigm shift in Apple’s Business focus towards the paid services available on the App Store has created much stir in the markets. The tech giant takes a whopping 15 percent of the revenues generated through the sale of the apps from the iOS store.
Federal Regulators probing into the company for antitrust issues
The fees are quite high, and on top of that, Apple has very stringent app review policies, which the regulators have been considering through a formal probe in the company given antitrust scrutiny.
The new model with an inhouse chip to be announced soon.
Apple is likely to end its partnership with Intel that supplies the processors for Mac computers since 2006. As Apple announced shifting to the in-house developed Silicon Microprocessor, the news of the snapping of ties with Intel has started doing the rounds. The Reuters reported that the company might soon announce a laptop and desktop model that would use the new chip.