Here you go dear board members, have fun reading this:
https://www.fool.com/investing/2017/04/20/rumor-apple-inc-might-not-use-intel-corp-tech-for.aspx
With that out of the way, let's look at a rumor that's cropped up on the Intel board at TheLayoff.com -- that Apple (NASDAQ:AAPL) won't be using Intel's upcoming XMM 7560 cellular modem for the 2018 iPhone.
Is this rumor credible?
Here's my big problem with this rumor. Back at Intel's investor meeting in February, company management appeared to have a high degree of confidence that it would be shipping high volumes of its XMM 7560 cellular modem in 2018.
Now, of course, Intel's disclaimer clearly applies here, in that it is a "forward-looking statement" that "involve[s] a number of risks and uncertainties," so it could very well be the case that Intel thought it was on track to land a significant chunk of Apple's 2018 iPhone modem orders but ultimately isn't meeting key development milestones.