“Northland Capital Markets’ Gus Richard this morning offers a mixed view of Intel, writing that it has won perhaps as much as 50% of Apple’s iPhone business for the forthcoming model, even as ARM Holdings and its partners seem primed to finally dig into Intel’s vaunted server computer chip empire,” Tiernan Ray reports for Barron’s.
“Without citing sources, Richard, who has a Market Perform rating on Intel stock, opines the company’s parts for mobile devices — presumably a modem under the ‘XMM’ designation — has won business with what would presumably be an ‘iPhone 6S,’ widely expected to be unveiled in September,” Ray reports.
Intel’s Modem Wins at Apple: Apple has been evaluating Intel’s model for a while. We now believe that Intel will capture roughly 50% of Apple’s modem business in the upcoming iPhones due to launch September 9th. Further, assuming a 50% share of modem business in the new iPhones we estimate that this win could represent $750M to $1.25B in revenue for Intel in CY16. This is a marque win for Intel and would go a long way to reducing the mobile business losses. — Northland Capital Markets analyst Gus Richard
Ray reports, “However, Alibaba Group Holdings is among large data center outfits that are moving more and more to servers using chips based on ARM’s instruction set architecture, instead of Intel’s ‘x86,’ he believes.”
Read more in the full article here.
“Intel’s new 7360 LTE modem will occupy a socket on the new iPhone’s circuit board that’s long been reserved for Qualcomm chips,” Mark Sullivan reports for VentureBeat back in March. “Intel has been gunning hard during the past year for a place in the iPhone and now appears to have succeeded, at least partly. The 7360 chip will ship inside a special version of the iPhone that will be marketed to emerging markets in Asia and Latin America, the sources said.”
Read more in the full article here.
MacDailyNews Take: If true, this is obviously bad news for Qualcomm.
It looks like Apple is broadening its supplier base with the intent of spurring competition to get better chips for lower prices in the end.
For Intel, it looks like they now understand that without a significant presence in mobile communications & possible ARM chips, they might become a minority chip supplier.
Luddites die, movers make out.
Not that I’m from the grammar police or anything like that but I think that the headline might read better as “Intel has won significant presence in Apple’s iPhone 6s/Plus” instead of “Intel have won significant presence in Apple’s iPhone 6s/Plus”.
Mind you if you want to denote the Intel company as being schizophrenic the have is probably better.
“Intel wins [or win] significant presence…” would be better. 🙂
The singular/plural thing depends on intent. If “Intel” is the company, it should be “has.” If “Intel” is a group of Intel employees, it should be “have.” In this case, “has” seems better (to me), and certainly sounds better when you say it out loud, but “have” is not wrong. What is wrong is when the writer always uses one form over the other.
For the British it’s proper to say, “Have” in this case.
Thank you so much kevicosuave and ken1w for the feedback, you certainly make sense and I was musing the same thing as ken1w but I can see the British aspect of it as well.
Has still makes more sense from the sound of it (taking it from the company point of view).
Enjoy.
Yep, in British English a company is normally treated as a plural to denote that it is, as the name implies, a “company” of people.
“Apple is releasing a new phone” becomes “Apple are releasing a new phone”. That sort of thing. It’s not a universal rule, but it is far more typical to see the plural use than referring to the company as singular like in US English.
Thanks for that addition Dave H, I just love the diversity of the English language.
I wish Intel will get a move on with their CPU chips for Macs.
Still competition in the broadband supply is good. I can’t see how Intel will get 50% of the iPhone business since there are many more chips than just the wireless component.