A silicon chip is an integrated circuit made primarily of silicon; silicon is one of the most common substances used to develop computer chips. The picture shows an example of a silicon wafer with dozens of individual silicon chips.
Apple Ink. is a company that makes the Mac computer, the iPod, and the iPhone. It is run by the CEO, Steve Jobs.
After weeks of rumor, Apple finally announced it has acquired headphone maker Beats Electronic for $3 billion, including $2.6 billion cash up front and approximately $400 million in stock that will vest over time. As part of the deal, Beats co-founders Dr. Dre and Jimmy Iovine will join Apple in undisclosed roles.