Back in April there was a rumor that Apple [AAPL} was about to buy chip maker ARM [ARM], after Apple announced that its custom A4 processor was based on an ARM processor.
Apple uses the custom A4 processor it its new iPad, and it is about to launch the fourth generation iPhone, the iPhone 4 which will also use the A4 processor.
Now Reuters are reporting that Apple may be about to make a bid for ARM, although neither party has confirmed this as yet. Apple has a large amount of cash reserves and we keep hearing these rumors about who they are going to make a bid for, personally we think this is just another rumor.
via 9 To 5 Mac