Bank Of America Merrill Lynch: Mac Uses Its Own Chip Apple Can Save $500 Million A Year

According  to Bloomberg News on April 4th, Beijing time, according to the Bank of  America Merrill Lynch, the media reported that Apple's use of its own  chips to replace Intel chips in PC products will boost its financial  performance. An analyst at the company said that even if half of Macs configure  Apple's own chips, Apple can save 500 million US dollars a year.

According to Bloomberg News Monday, Apple plans to use its  self-developed chips to replace Intel chips in Mac computers from 2020.

In  an investment report released to customers on Monday, Bank of America  Merrill Lynch analyst Wamsi Mohan wrote, "The benefits of in-app  purchase chips for Apple include: independence from Intel's processor  product cycles. , reduce the cost of Mac components by 40 to 50 dollars and reduce R&D expenditures."

Mohan  said that if the use of independent chips, Apple can also shorten  product development time, "the benefits of Apple are twofold: First,  through the possible integration of the development team, shorten the  time to launch new products and new applications on the market, the  development of cross-iOS And the MacOS platform's products help to reduce overall R&D  costs; Second, self-developed parts can reduce part of the cost compared  to purchasing processors from Intel."

Mohan estimates that if Apple uses its own chips in half of Mac computers, it can save $500 million in annual expenditures. He predicted that Apple will gradually use its own chips in all Mac  product lines, but the initial use of its own chips will be low-end Mac  notebooks.

Mohan  also reiterated the "Buy" rating on Apple's stock and the target stock  price of 220 US dollars, which means that Apple's share price still has  32% upside compared to Monday's closing price.