Apple's New M1 Chip Could Boost Mac Margins

After nearly a decade of speculation, Apple (NASDAQ: AAPL) at long last unveiled its first ARM-based Macs -- MacBook Air, MacBook, and Mac Mini -- powered by its new M1 chip, displacing Intel (NASDAQ: INTC) processors after 15 years. Apple's silicon delivers improved performance while significantly enhancing power efficiency, leading to massive gains in battery life.

Developing the M1 cost billions, but the new chip could still bode well for Apple's Mac margins in the long run.

Image source: Apple.

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Source Fool.com