This rumor has been spinning for about 2 years now...
Apple is not ready to give up their own designs and Intel will not fab an arm design.
Apple needs a global LTE, so the just annouced modem may be possible.
Intel is shipping the modem the end of the first half this year, Qualcomm will ship theirs 2nd half
You are correct..Apple will not give up their own designs
Never know - Tommorrow is AAPL stockholders meeting.