People also forget PowerPC has less than 2% market share in 2006. Intel and AMD dominated the desktop PC market back then and they continue to do so today.
The PowerPC to x86 transition was a do or die situation with Mac.
Apple isn't about to commit suicide by transitioning back to an architecture with such a small market share on the desktop.
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Software is a really really big problem.
Unless Apple is willing to rewrite from the ground up software like the Adobe suite for ARM, Apple will not change to ARM. Adobe and other developers have no incentive to develop their software for ARM when >90% of the desktop computers in the world use x86.
There's no indication Apple Ax processors are anywhere close to Intel's latest offerings. Otherwise, the $5,000 iMac Pro would not be fully committed to Intel Xeon W.
One of the reasons why Apple moved from PowerPC to x86 was to gain access to that huge library of software.
This is the right answer, 100% correct.
We are in a golden age of OS X apps
because Apple switched to x86. So many developers before the switch wouldn't even look at Macs because it required essentially re-making the entire app. Today, but for some UI elements, developers can make apps for Windows and Mac in parallel. If Apple were to switch away from x86 again, I believe a lot of Mac developers would not continue to update their apps, and we would lose a lot of great, albeit small, apps. Maybe big players like Adobe and Microsoft would continue developing for Mac, but a lot of smaller developers wouldn't. Not to forget the vast opensource community.
Plus the fact we can virtualize Windows or Linux with nearly no performance loss is amazing, and it's something that can only happen if the architecture of the hardware and what is being virtualized is the same.
I think it's about priorities and design goals. The A-series chips are designed to be power-efficient first, and powerful second. Intel chips are designed to be powerful first, and power-efficient second. On a phone, the former makes more sense. On a desktop, the latter makes more sense. On a laptop, it really depends on how you use it; but I think most users use a laptop more like a portable desktop rather than as a larger phone.
Also, lets not forget that Intel is more than just chip design. Intel's business is also, very importantly, chip manufacturing. And they are the best by far, by a huge margin. Intel and Samsung, as far as I know, are the only vertically integrated processor companies, in that they both design the chips AND manufacture the hardware; but Intel is way more advanced. Apple relies on contract manufacturers for making their chips. Intel is working on 5nm and 7nm manufacturing now, and has pretty much perfected 10nm as of last year. TSMC, who makes the A11, has just started with 10nm, and apparently their yields are not even close to Intel's. For non-Apple clients, TSMC is still primarily working in 16nm and larger. GlobalFoundries, the other big microprocessor manufacturer, is similarly situated.