This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Apple Could Move 'Intel Outside'

Stocks in this article: AAPL INTC ARMH AMZN GOOG

ARM recently announced 64-bit chips, the Cortex-A53 and -A57, which could provide the catalyst for Apple designing its own chips for its Mac line. BNP Paribas analyst Jerome Ramel said he believes the 64-bit chips will allow ARM to address the server and computer markets, which demand higher performance chip sets.

"The 64-bit processors were the missing products for ARM to be credible in the PC/Servers space," Ramel wrote in his note. "Now ARM has all the tools to address the PC/Servers markets and needs the software tool ecosystem to be developed." He rated ARM neutral with a 670 pence price target.

Piper Jaffray's Richard noted that Apple represents roughly $3 billion, or 5% of Intel's revenue, so this would be a significant chunk of lost revenue should Apple decide to move to its own chips.

As part of Scott Forstall leaving Apple, Bob Mansfield is leading a new group at Apple, known as Technologies. Technologies combines all of Apple's wireless teams. Technologies also includes Apple's semiconductors group, which according to the press release announcing the transition has"ambitious plans for the future."

These "ambitious plans" are already manifesting themselves in Apple's fourth-generation iPad. Perhaps the most important announcement at Apple's iPad Mini event was the introduction of the A6X chip in the fourth-gen iPad, which doubles the speed of the previous iPad.

Apple iPad Mini Event: Blog Recap

The significant jump in speed and processing power from the third-generation iPad to the fourth-generation demonstrates Apple has serious plans for its semiconductor group, especially now that Mansfield is leading the way.

Apple dropping Intel as a supplier wouldn't be a death-knell for the Santa Clara, Calif., chipmaker, but it would signify that Intel needs to seriously step up its game in mobile chips.

Instead of "Intel Inside" being its slogan, it may be "Intel Outside" before too long.

Interested in more on Apple? See TheStreet Ratings' report card for this stock.

-- Written by Chris Ciaccia in New York

>Contact by Email.

2 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs