01.16.06

Why I like Intel inside Apple

Posted in Investing at 10:21 pm by admin

Recently, Apple announced that it will start producing computers with Intel’s (INTC) dual core processors approximately three months earlier than initially expected. Because this news was received earlier than expected, I don’t currently believe that the added benefit to Intel has been fully factored into it’s current trading price of slightly below $26. There have been no major marketing campaings started yet (that I’ve seen anyway) advertising this fact, and suspect that once awareness grows Intel will become more attractive.

I also do not think that the arrangement between Apple and Intel will stay strictly in PCs. I am hoping to see other new exciting devices, possibly hand held media players, enabled with Intel technology in the coming months.

For these reasons, I will be making a buy for INTC tomorrow morning at the opening trading price.

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