1. In their December 29, 2021, CNBC article Apple ditched Intel, and it paid off, Todd Haselton wrote as follows: “Apple’s decision to ditch Intel paid off this year. “The pivot allowed Apple to completely rethink the Mac, which had started to grow stale with an aging design and iterative annual upgrades. Follow- ing the divorce from Intel, Apple has launched far more exciting computers which, paired with an ongoing pandemic that has forced people to work and learn from home, have sent Apple’s Mac business soaring. “It wasn’t always a given. When Apple announced its move away from Intel in 2020, it was fair to question just how well Apple could power laptops and desktop computers. Apple has used in-house chips for iPhones and iPads but had been selling Intel-powered computers for 15 years. It wasn’t clear how well its macOS desktop software would work with apps designed to run on Intel chips, or whether its processors would offer any consumer benefits and keep up with intensive tasks that people turned to MacBooks to run.”
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3. Briefly summarize the change in Apple’s contribution to GDP from the sale of an Apple computer due to Apple’s change from buying Intel chips to using chips made by Apple. Would the contribution increase, decrease, or remain the same? Assume that the price of all components of an Apple computer did not change during this time.

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