The stock price of Apple Inc (AAPL) has fallen by over 1.45% today in the early morning trading session. The stock closed at $167.78 on Friday.

The California based mega company designs, develops, and sells consumer electronics, computer software, and online services. The company’s hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, the Apple Watch smartwatch, the Apple TV digital media player, and the HomePod smart speaker. Apple’s software includes the macOS and iOS operating systems, the iTunes media player, the Safari web browser, and the iLife and iWork creativity and productivity suites, as well as professional applications like Final Cut Pro, Logic Pro, and Xcode. Its online services include the iTunes Store, the iOS App Store and Mac App Store, Apple Music, and iCloud.

Apple is planning to transition from Intel chips to its own custom made Mac chips as early as 2020, reports Bloomberg. Apple’s initiative, reportedly code named “Kalamata,” is part of an effort to make Macs, iPhones, and iPads work “more similarly and seamlessly together” according to unspecified sources that spoke to Bloomberg. Apple already designs its own A-series chips found in iPhones and iPads.

The Mac chip plans are said to be in the early stages of development and the transition from Intel chips to Apple chips could involve multiple steps, starting with the “Marzipan” initiative coming in iOS 12 and macOS 10.14 to allow developers to create a single app able to run on both iOS and macOS.

With its own chips, Apple would not be forced to wait on new Intel chips before being able to release updated Macs, and the company could integrate new features on a faster schedule.

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Apple has already begun using custom designed T1 and T2 chips in its MacBook Pro and iMac Pro machines, and the company is said to be planning to integrate additional custom co-processors in Macs coming later this year. The custom chips will also be used in the upcoming Mac Pro, which is in development.

The T1 chip, included in the MacBook Pro, powers the Touch Bar and authenticates Touch ID. The T2 chip, in the iMac Pro integrates several components including the system management controller, image signal processor, SSD controller, and a Secure Enclave with a hardware-based encryption engine.

Previous rumors have suggested Apple is interested in creating its own ARM-based core processor chips for its Mac lineup in order to reduce its dependence on Intel. Apple is also rumored to be pursuing development of its own modem chips to also reduce reliance on both Intel and Qualcomm.

A move away from Intel would have a major impact on Intel, with Apple providing approximately five percent of Intel’s annual revenue. Intel stock has already dropped following the news.

Our analysts have given a “HOLD” rating to Apple’s stock. Although it shows great potential, however due to the fluctuation, this is not the stock where you want invest big right now.