DrMrLordX
Lifer
- Apr 27, 2000
- 22,027
- 11,607
- 136
The plot thickens!
https://www.cnbc.com/2019/07/22/app...els-modem-division-for-1-billion-or-more.html
https://www.thestreet.com/video/jim...-buy-intel-smartphone-modem-business-15029181
Nothing is final yet. The street already thinks that Apple is paying $1 billion for Intel's shuttered modem business. Cramer's skepticism is understandable. I don't know that Intel is prepared to spin off anything/anyone, and none of Intel's 5G modems ever worked anyway (apparently). And then there's Apple's own modem design team about which I've heard nothing in months.
https://www.cnbc.com/2019/07/22/app...els-modem-division-for-1-billion-or-more.html
https://www.thestreet.com/video/jim...-buy-intel-smartphone-modem-business-15029181
Nothing is final yet. The street already thinks that Apple is paying $1 billion for Intel's shuttered modem business. Cramer's skepticism is understandable. I don't know that Intel is prepared to spin off anything/anyone, and none of Intel's 5G modems ever worked anyway (apparently). And then there's Apple's own modem design team about which I've heard nothing in months.
