Re: Never mind HP
Apple's transition will take time, it will probably take 12-24 months before they have switched over all models. Apple is also a pretty small percent of overall PC sales (mid to high single digits IIRC) so we're talking maybe freeing up 1% of capacity per quarter.
The big effect for Apple will be 5G, and switching to Qualcomm modems. Intel uses a lot more wafers producing modems for Apple than producing CPUs going into Macs.