Does Intel Corp. Have a Chance of Winning Apple Inc. A-Series Business?
A little while back, I argued that Apple (NASDAQ: AAPL) made the right decision to bet on Taiwan Semiconductor Manufacturing Company (NYSE: TSM) for the manufacture of its A10 Fusion and A11 Bionic chips, rather than on chip maker Intel (NASDAQ: INTC).
Despite Intel's continued protestations that it has a significant technology leadership position against the rest of the industry, the truth is that the production ramps of its latest technologies have proven, to say the least, highly problematic.
Image source: Intel.
Source: Fool.com
Apple Inc. Stock
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Currently there is a rather positive sentiment for Apple Inc. with 78 Buy predictions and 6 Sell predictions.
With a target price of 200 € there is a slightly positive potential of 14.51% for Apple Inc. compared to the current price of 174.66 €.
