http://www.engadget.com/2008/12/19/a...t-to-be-exact/
It's been a busy couple of months for the mobile PowerVR gurus at Imagination Technologies. First the company got picked to handle the polygon-shuffling duties in Sony's PSP2 (which may or may not be actually happening), and has now received a $5 million cash infusion from Apple -- in exchange for a measly 3.6 percent of its soul. What does it all mean? As much as we'd love to fling out crazy speculation about an Apple / Sony hybrid iPSP or hardware support for a mobile 3D operating system, we're putting our money on the most sensible explanation: a next-gen iPhone with even more emphasis on games. Place your bets now, folks.
of course they've already started a real gaming platform by announcing metal gear, silent hill and more.
does sony and nintendo need to worry?