Apple: new M1 chip! – financial trends

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Apple Inc.’s (NASDAQ: AAPL) “One More Thing” on Tuesday showed upgrades for the Mac computer line with Apple’s own M1 chip.

The switch to the silicon chips from Apple will stop the company from using chips Intel Corporation (NASDAQ: INTC). It’s the beginning of a split between the two big tech companies as Apple says it will take several years to complete this process.

The MacBook Air

According to Apple, the MacBook Air is the world’s best-selling 13-inch notebook computer and the most popular Mac. Apple will be using the M1 chip in the new MacBook Air for the first time ever. The performance will be the best per watt in the industry and twice that of the “PC chip,” Apple said, referring to Intel.

The new M1 chip that powers the MacBook Air will make graphics five times faster than the previous Air, which is the biggest leap for the Air range ever. The graphics on the MacBook Air with M1 are three times faster than the best-selling Windows PCs.

The new MacBook Air will have 15 hours of battery life for web surfing and 18 hours for the video playbook, which is twice as much as the previous version of the Air.

The Mac Mini

The M1 chip is used on the Mac Mini and offers a CPU three times faster than the previous version. The chip will also offer graphics that are six times faster. The Mac Mini is only a tenth the size of a desktop computer for a comparable price. The Mac Mini is five times faster than the competition in its price range.

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The MacBook Pro

Loved by students and professionals, the MacBook Pro is the best-selling notebook in its class. The new M1 chip upgrade offers a 2.8 times faster CPU than the previous version. The computer will also be three times faster than the best-selling comparable Windows computer. The MacBook Pro comes with a battery life of 17 hours for web surfing and 20 hours for video playback. This is an increase of 10 hours compared to the previous version.

Prices and availability

The MacBook Air starts at $ 999. The Mac Mini will start at 699. The MacBook Pro starts at $ 1,299. The price of the Mac Mini is $ 100 lower than the previous version. All three Apple computers can be ordered today and will be available next week. The OS Big Sur is available from Thursday.

Changeover to silicon chips

The company calls this the most powerful line of Macs it has ever had. Apple said it will take several years to complete the transition to silicon chips. CEO Tim Cook called it a “big day for Mac”. A great day for Apple ”. Cook reminded investors that they are making “bold changes” but that with the move to silicon they will be able to run more software than ever before.

“We see the chip’s announcement as the first step among many on the horizon as Cupertino takes control of its architecture,” said Wedbush analyst Daniel Ives. The analyst sees Apple focusing on speed, performance and efficiency with its own chips. Apple stock was trading at $ 117.19 at the time of publication.

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