Categories: Apple Culture, Apps, Assistive technology, Financial/Investor
By: Matthew Schildroth, MD Editor
So it is finally happening...maybe. Rumors have surfaced about Apple's intentions to buy ARM. ARM is the chipmaker who supplies the designs for the processors used in iPods, iPads, iPhones, Airports, as well as most other smart mobile devices on the market.
The reasons for Apple to want to buy ARM are obvious: they can cut off competitor's chip design resource, they can forego paying royalties on use of designs, and they will be able to design "in-house."
So will it happen? We will have to wait and see, but my guess is yes. Apple has its large cash hoard, and after a great 2nd quarter, a deal in the ballpark of $8 billion seems like an easily doable purchase considering how much it would benefit them.
