There has been very little doubt, in perusing the LinkedIn (LNKD) profiles and job postings over at Apple (AAPL), that Apple was indeed building its own GPU. Now as a shareholder in Imagination Technologies (OTCPK:IGNMF), this had been a "ticking time-bomb" for which I have been bracing for. However, a press-release from Imagination today seemed to quell these fears. Indeed, it looks as though Apple and Imagination have extended their multi-year GPU and video licensing agreement in today's announcement.
Imagination Is Now An Easier Buy
With the Apple 'risk', there was real concern that a good ~200M+ units would eventually disappear if Apple were to introduce its own GPU, but...
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