by Ashraf Eassa, The Motley Fool
Jan 14th 2014 9:00PM
Apple is the world's largest, most successful consumer electronics company. The company single-handedly revolutionized the cell-phone industry, refined and redefined the "tablet" category, builds (arguably) the world's best PCs, and has one hell of a silicon development team responsible for its "A-series" of chips. The company develops world-class SoCs with leadership IP, much of it custom (and increasingly so).
However, there's one piece of IP that Apple doesn't appear to have today is a cellular modem/baseband. This is a curious omission for a company for whom 52% of sales comes from the sale of cell phones, and an even more curious omission given the strength of the rest of its silicon teams.
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