We've just heard from sources deep inside 1 Infinite Loop in Cupertino, California that [Raja Koduri, AMD/ATI Chief Technology Officer, Graphics Product Group] is heading there.
So for those keeping score at home, this adds to:
Steve Jobs has said Apple is working on their own systems-on-chip for future iPhones and iPod touches. Looks like that work has got some serious hardware, and talent behind it.
Our only question is, what's going to melt the universe first, the Hadron Collider, or whatever Apple's got cooking up in their basement?