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Apple used billions of dollars and thousands of engineers on a ‘spectacular failure,’ WSJ reports::Apple’s “spectacular failure” to build a modem chip for its new iPhones was the topic of a Wall Street Journal expose Wednesday.
It’s absolutely clickbaot IMO. The phrasing alone gives it away. Regardless, there was massive garbage rumors and hate when it was leaked that Apple was making their own chip for macOS. The M-series chips have been phenomenal, which might be their own enemy in this case by setting the expectations too high. You’re definitely right about the long term implications though, if I was an investor, I would take this as a net positive to hold.