Apple and Intel Reach Preliminary Deal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy AAPL?
Apple (AAPL) and Intel (INTC) have struck a preliminary deal for Intel to manufacture some of the semiconductors that power Apple's products, the Wall Street Journal's Robbie Whelan and Rolfe Winkler report, citing people familiar with the matter. Intensive negotiations between the two parties have been ongoing for over a year, and they hammered out a formal agreement in recent months, though it's still unclear which Apple devices Intel would make chips for, the authors note.
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Analyst Views on AAPL
Wall Street analysts forecast AAPL stock price to rise
27 Analyst Rating
17 Buy
9 Hold
1 Sell
Moderate Buy
Current: 287.440
Low
239.00
Averages
306.89
High
350.00
Current: 287.440
Low
239.00
Averages
306.89
High
350.00
About AAPL
Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Its product categories include iPhone, Mac, iPad, Wearables, Home and Accessories. Its services include advertising, AppleCare, cloud services, digital content, and payment services. The Company operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games and podcasts. It also offers digital content through subscription-based services, including Apple Arcade, Apple Fitness+, Apple Music, Apple News+, and Apple TV+. Its wearables include smartwatches, wireless headphones, and spatial computers. Its products include iPhone 16 Pro, iPhone 16, iPhone 15, iPhone 14, iPhone SE, MacBook Air, MacBook Pro, iMac, Mac mini, Mac Studio, Mac Pro, iPad Pro, iPad Air, AirPods, AirPods Pro, AirPods Max, Apple TV, Apple Vision Pro and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Sales Growth Revival: The company has posted double-digit sales growth for two consecutive quarters, with iPhone sales up 22% and services revenue increasing by 17%, indicating a potential recovery that could restore investor confidence.
- Financial Performance: In the second quarter of fiscal 2026, Apple reported total revenue of $111 billion, with iPhone and services combined contributing $88 billion, underscoring the critical importance of these core segments to overall performance.
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