Apple Inc. Dodged a Serious Bullet
There used to be a lot of speculation that Apple (NASDAQ: AAPL) would one day move at least some of its A-series applications processor production to Intel (NASDAQ: INTC). Apple originally relied on Samsung (NASDAQOTH: SSNLF) to build its custom-designed chips, but has, in recent product generations, moved over to contract chip-manufacturing specialist Taiwan Semiconductor Manufacturing Company (NYSE: TSM).
Image source: Apple.
Indeed, TSMC manufactures Apple's current A10 Fusion chip and is expected to manufacture Apple's upcoming A11 Fusion chip, as well.
Source: Fool.com
Apple Inc. Stock
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With a target price of 208 € there is a slightly positive potential of 3.87% for Apple Inc. compared to the current price of 200.25 €.
