> Apple demanding a (probably much) lower price-point to have the SoC applied in a mysterious unknown project without a volume-commitment could as well have destroyed the business and profit-margin for the entire Xscale business for Intel and its other customers...

One of the key premises of the article is that Apple likely didn't know it was bidding for the iPhone and the decision was taken on that basis.

Why is why saying 'Intel turned down the iPhone' is problematic.