Several executives close to the last-minute dealings between Apple
and I.B.M. said that Mr. Jobs waited until the last moment — 3 p.m.
on Friday, June 4 — to inform Big Blue. Those executives said that
I.B.M. had learned about Apple’s negotiations with Intel from news
reports and that Apple had not returned phone calls in recent weeks.
In the end, Mr. Jobs was given no choice but to move his business
to Intel, when I.B.M. executives said that without additional Apple
investment they were unwilling to pursue the faster and lower-power
chips he badly needs for his laptop business.
In other words, it’s not that IBM couldn’t keep up, it’s that they
wanted Apple to pay for the development costs for the new generations