Apple Inc. Dodged a Serious Bullet
There used to be a lot of speculation that Apple (NASDAQ: AAPL) would one day move at least some of its A-series applications processor production to Intel (NASDAQ: INTC). Apple originally relied on Samsung (NASDAQOTH: SSNLF) to build its custom-designed chips, but has, in recent product generations, moved over to contract chip-manufacturing specialist Taiwan Semiconductor Manufacturing Company (NYSE: TSM).
Image source: Apple.
Indeed, TSMC manufactures Apple's current A10 Fusion chip and is expected to manufacture Apple's upcoming A11 Fusion chip, as well.
Source: Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 76 Buy predictions and 7 Sell predictions.
With a target price of 282 € there is a slightly positive potential of 4.08% for Apple Inc. compared to the current price of 270.95 €.


