Intel should be scared of its own failures. Apple is merely a competitor that didn't fall asleep.
For example: DOS wasn't technically better than anything else; it was just the one that was being aggressive about adoption.
Or the fact that Sony was really in a position to OWN portable music in perpetuity, but went to sleep. Apple wasn't asleep, and didn't have outsized anxiety about digital music, so the iPod entered a market without a dominant "Digital Walkman".
The developer preview Minis they sold with an iPad Pro CPU were already well past midrange Intel desktop chips.
"merely" LOL.
Intel started in an era when you did have to build your own fab. More importantly, even as others were going fabless, Intel continued to use its superiority in manufacturing as an additional advantage over their competition, who had to drop out of the fab business, and against the merchant foundries too.
But now Intel has fallen behind on both sides of the divide. I’m not sure how they will dig out.
TSMC is slave to Dutch ASML, whos is the only one on the planet who can make the EUV lithography technology TSMC uses to make the latest chips.