You could be right.
I can not see apple moving all their chip needs to intel. I believe with all the talk about tsmc means the tsmc will make some chips for apple ( probably i phone). If tsmc fails to deliver , intel may be a fall back for arm production. If Intel does get apple tablet chips, this would be an important step in allowing both companies gain experience with x86 chips running the ios system so if or when apple moves the iphone to intel in the future. By moving their tablets to intel, apple would gain a new market for their larger ipad(run the mac os) and relieve some of the supply demand on arm foundries.