The rumors are true. Apple is switching from PowerPC to Intel.

It's funny that not too long ago Apple was claiming their G5's were like have a supercomputer on your desktop and now they're ditching the PowerPC. The big question is whether Apple is going to allow OS X to run on generic PC hardware. At the very least, I hope Apple's high hardware prices come down.

I suspect one reason Apple is able to bet the farm on this transition is that they can rely on the profits from iPod sales and iTunes to sustain them until they can get the Intel machines to market.