• someguy50@alien.topB
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    10 months ago

    Wow, they hired a ton of people and acquired Intel’s modem business in the hopes of having their own modem. That’s an expensive experiment

    • DiogenesLaertys@alien.topB
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      10 months ago

      There’s a reason Intel exited in the first place. Had they been successful, it would’ve been a business worth tens of billions of dollars. They exited and Apple wanted to try because the money to buy the business for Apple is chump change.

      They could even acquire TSMC if push came to shove. Their large cash holdings gives Apple so much strategic leverage.

      • red286@alien.topB
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        10 months ago

        They could even acquire TSMC if push came to shove. Their large cash holdings gives Apple so much strategic leverage.

        You realize that TSMC is way bigger than Apple, right? Apple’s entire current cash reserves would be enough to buy 1% of the company.

        • widget66@alien.topB
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          10 months ago

          At current market caps TSMC is just over 1/6th the size of Apple

          Non issue though because that would never make it past antitrust

        • someguy50@alien.topB
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          10 months ago

          You realize that TSMC is way bigger than Apple, right?

          By market cap, Apple is significantly larger than TSMC

    • JakeTappersCat@alien.topB
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      10 months ago

      It’s totally pathetic that even after buying an entire other modem company they couldn’t even do what Huawei was able to do under sanctions by the entire western world. Huawai’s 5G modem, built on an inferior 7nm process, has been tested to outperform Qualcomm’s. Why are apple engineers so incompetent?