What I find interesting about Apple designing their own chips is the notion that the whole is greater than the sum of the parts. Apple's value proposition with Macintosh is that by owning the entire experience--hardware, OS, even distribution to the store--Apple can deliver an optimized product that is superior to products where company H makes the hardware, M makes the OS, and CC distributes the resulting PCs.<p>Designing chips is the logical extension to this model. The chips are designed with the end product in mind, and everything works together to deliver the product's value proposition.<p>Other manufacturers end up hostage to whatever chips Intel and AMD feel like selling to everyone. They are hostage to whatever OS features Google feels like adding to Android, whether I integrates with the chips or not.<p>It's not a given that Apple will <i>necessarily</i> succeed with this strategy, it requires an ability to juggle multiple balls at once, a very rare trait. There's a reason most businesses try to do just one thing well and commoditize everything else.<p>But it is certainly beautiful to watch them try to sail the opposite tack.