Intel Chief Executive Paul Otellini sees the mobile race as a "marathon" that the company will ultimately take the lead in, in spite of Apple's significant head start.
Intel beat analysts' expectations with a 59 percent increase in third-quarter earnings year-over-year and a record $11.1 billion in revenue, while cautioning that sales of the iPad may be impacting PC sales.
Intel is currently developing a tool to aid developers in porting iPhone applications to Intel-based devices in hopes of increasing development for and interest in Intel processors.
A report out of the Far East early Thursday claims that Apple has decided on its lineup of component suppliers for the fifth-generation iPhone and second-generation iPad — both of which will reportedly obtain baseband chips from CDMA inventor Qualcomm.
Apple and five other major Silicon Valley companies have settled with the U.S. Department of Justice after an investigation into agreements made between competitors to prevent the poaching of each other's workers.
Apple, Google and other technology companies are said to be in negotiations with the U.S. Department of Justice for a potential settlement regarding an antitrust investigation of anti-poaching agreements.
The next iPhone may forgo an Infineon baseband chip in favor of one from Qualcomm, according to an unconfirmed report.
Google, Intel and Acer have commented on Apple recently, with comments ranging from praise for its revised App Store policies, to criticism from the co-founder of Acer, which called Apple's products "mutant viruses."
When Intel acquired the wireless unit of chipmaker Infineon, the company's CEO consulted Apple Chief Executive Steve Jobs, who was said to be "happy" with the deal.
Intel will increase its presence in the mobile phone market with the announced $1.4 billion acquisition of the wireless division of Infineon, a significant component supplier for Apple's iPhone.
Intel is said to be close to a deal with Infineon's wireless chip unit, a purchase that would make Intel a major player in the smartphone market, and a component supplier for Apple's iPhone.
Reports that Apple's Mac Pro models are listed as unavailable in several retail stores' web based Reserve and Pickup listings may indicate the coming of a long overdue update to the high end desktop models.
As usual, Apple's executives kept close to a carefully prepared script on the company's stellar financial results, being careful not to reveal too much about the company's future plans, including its data center cloud services and broader open support for FaceTime video calling.
Financial analysts at Goldman Sachs report in graphic detail that Apple has inhaled the bulk of profits of the global mobile phone business with iPhone, and now appears poised to do the same in tablets with the iPad.
Volume production of the next new generation of Intel's desktop and notebook CPUs will begin earlier than originally anticipated in response to enthusiasm from chip buyers like Apple who have sampled the new parts.
Strong Mac, iPhone and iPad sales have resulted in success not only for Apple, but for the companies that supply the components that make up the in-demand technology.
Constrained supplies of Intel's new Arrandale Core i3, i5 and i7 processors may be responsible for delaying shipments of some of Apple's new MacBook Pros while postponing other PC makers' laptop launches by months.
Intel has served as Apple's sole source for the microprocessors used in its notebook and desktop personal computers since the company began its transition away from PowerPC in 2006, but that may soon change given the company's recent talks with Intel's chief CPU rival Advanced Micro Devices.
Fortune magazine on Thursday released its annual list of the Fortune 500 U.S. companies with the highest gross revenue in 2010, and Apple moved up 15 spots to take the 56th overall position.
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Josh Ong
AppleInsider Staff
Neil Hughes
Sam Oliver
Katie Marsal
Daniel Eran Dilger
Kasper Jade and Prince McLean
