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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

06/10/16 at 2:18 PM CDT

 

 

READ: 4

RPLY: 1

0

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Sentiment:

Neutral

OT - INTC

OT - INTC

Announcement today that the next iphone will use intel modem chips, a switch away and loss for Qualcom. No news on margins, and I don't expect any. Even if they are low, volume may make up for that (altho that didn't work out all that well for AMD w/Playstation and Xbox one, perhaps.) At its least, it's another step towards diversification from pc-centric chips, and a handhold in new markets.

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