Apple To Acquire Multi-Core Processor Developer PA Semi

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I'm no rocket scientist but it sounds like a 2 gh dual core chip that only uses 5 to 13 watts is pretty significant. But why in the heck do they want to put it into an iphone?
 
The real question is does Apple have the resource and commitment to compete with PCs. Buying off-the-shelf Intel, AMD or IBM CPU is easy, spending R&D money to design and produce one a is much harder.
 
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