Beleaguered Intel has approached Apple about securing an investment, Bloomberg News reports citing “people familiar with the matter.” Apple and Intel also have discussed how to work more closely together, said Bloomberg’s sources. Ryan Gould and Liana Baker for Bloomberg News:
When Intel CEO Paul Otellini passed on Apple’s iPhone: That decision has to be close to the top of the list of Biggest Business Mistakes in History. – MacDailyNews, May 17, 2013 [S]ome companies are too far gone and are just meant to die. Yes, we’re talking about Intel whose ex-CEO Paul Ottelini made a potentially fatal decision not to take up Steve Jobs on his offer to develop the microprocessor for the original iPhone. One big mistake like that can take down a company. Intel is an also-ran today. Propping up such companies… only prolongs the inevitable. – MacDailyNews, August 25, 2025 Death is very likely the single best invention of Life. It is Life’s change agent. It clears out the old to make way for the new. – Steve Jobs Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Beleaguered Intel seeks investment from Apple appeared first on MacDailyNews. Invite your friends and earn rewardsIf you enjoy MacDailyNews, share it with your friends and earn rewards when they subscribe. |
Thursday, September 25, 2025
Beleaguered Intel seeks investment from Apple
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