Sunday, 22 April, 2018

Instagram abandons its Apple Watch app

To help with Siri improvements Apple is on a hiring spree Apple (AAPL) Position Lifted by Baltimore Washington Financial Advisors Inc.
Oscar Goodwin | 06 April, 2018, 10:56

The company announced that it will be making its own chips for its Mac computers by 2020, which sent Intel stock tumbling as much as 9.2 percent before finishing the trading day down 6 percent.

Both Intel and Apple are significant employers in Ireland, employing around 4,000 and 5,000 people, respectively.

What appeared to be troubling news for Intel came as the California-based company worked to get to market with chips created to address vulnerabilities disclosed earlier this year.

The shift would be a huge strike to Intel, which has been supplying the smartphone maker with processors since 2005.

While the project is "still in the early developmental stages", Kalamata has been approved by Apple executives and is expected to "result in a multi-step transition", the news site says. Reports suggest Apple is working on software known has Marzipan that would allow Macs to run iOS applications. In particular, the latest generation of Apple's A-series chips has regularly outstripped the Intel processors in Macs in various benchmarking tests.

Intel is reliant on the world's largest technology company for around 5pc of its annual revenue and refused to "comment on speculation" regarding the loss of its biggest client. Now, it remains to be seen how and when Apple makes the move, and what benefits the new Apple-designed chipsets will bring to the table. Instead of putting efforts to make changes to the app again, Instagram chose to end support for the Apple watch. An Apple with the capability to manufacturer processing chips for its own products can also start providing them to other companies. It has also used ARM-based co-processors for special functions such as the Touch Bar and Power Nap features on MacBooks. Companies such as Dell, HP, Lenovo, and a handful of others rely on Intel for their computers' chips. In fact, Apple's newest iPad and iPhone models have become far more powerful than its previous Macs. A dip of such magnitude qualifies as the largest intraday dip for Intel since the last two years. The growth came even as PC sales declined slightly to 259.5 million units, the smallest drop since 2011, according to data from research firm IDC. It's entirely possible for Apple to either abandon such plans or delay them.

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