it that Cupertino-based tech cult Apple is thinking about buying British chipmaker ARM.
Apple recently announced its first quarter earnings and, judging by the
numbers, the outfit could have enough cash to make a move. Converting
ARM to the Apple religion could give the Jobs mob an edge over the
competition in the mobile market, but we're a bit skeptical about the
rumoured bid. ARM would cost Apple around $8 billion and it is unlikely
that the investment would start paying dividends anytime soon.
A rumour that Apple is seeking to get in bed with AMD sprung up a few
days ago as well. It also lacks credibility, but it seems that the
allure of mentioning Apple's name in such scenarios is just too
tempting for some FUDmongerers. Incidentally, ARM's shares jumped over
3 percent after the rumour made its way around the web.
AMD's shares did not fair as well, mainly thanks to analysts who
believe that AMD is not managing to steal back enough market share from
Intel. We're talking about the same analysts who said AMD would go
under after its acquisition of ATI in 2006, that it would never recover
from the K10 debacle and that its Globalfoundries spin-off would come
to nothing. Looking at AMD's share price over the past 2 to 3 years, it
seems it's best to do the exact opposite of what analysts are saying.