Apple has no intention of selling chips to other companies

Posted on Friday, July 31 2020 @ 12:13 CEST by Thomas De Maesschalck
Apple
During the company's fiscal Q3 2020 earnings call, an analyst wondered whether Apple considered selling chips to third parties. Apple CEO Tim Cook shot down the idea and stated that Apple is a product company and that they "love making the whole thing." With Apple's computer lineup switching to the ARM platform over the next two years, the company is becoming less and less reliant on third parties, but there's no plan to sell these chips to other firms.
[Bank of America analyst] Wamsi Mohan
Okay. Thanks, Tim. And as a follow-up, now that Apple has Apple Silicon for Macs. Would you ever consider monetizing this as a merchant silicon vendor or is this going to be forever for Apple use?

Tim Cook
Well, I don't want to make a forever comment, but there are -- we are a product company and we love making the whole thing. And because if we can -- on the user experience in that way and with the goal of delighting the user. And that's the reason that we're doing the Apple Silicon is because we can envision some products that we can achieve with Apple Silicon that we couldn't achieve otherwise. And so that's how we look at it.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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