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Rumor: Apple Switching to Intel?

According to this CNET News.com article, Apple plans to slowly phase out their partnership with IBM and switch to Intel-based microprocessors. Is this simply a move to a better microprocessor manufacturer, or is this the start of something far more than just that? The article states that this bit of news will be officially announced on Monday (June 6, 2004) during Apple’s Worldwide Developer Conference in San Francisco. Until Monday, this is nothing more than a rumor.

Update: More information can be found at MacMerc.com, Tom Raftery’s I.T. Views, and The Apple Blog.