Apple Acquiring Intels Smartphone Modem Business

Acquiring majority of Intels Smartphone modem business is a massive step towards the goal of owning and controlling the primary technologies that are core to the operation of its product lineup that utilises modems, even more so for future products.

“We believe that we need to own and control the primary technologies behind the products that we make.”

Tim Cook

During the 2009 Earnings call to investors, Tim Cook reiterates Apples long term goal of being the sole proprietor of primary technologies that are the heart and soul of its products: