Apple now supports both x86 and PPC architectures, and will continue to do so for much longer than 3 years. By default, their development tools will create universal binaries; applications aren't so much ported to x86 as they are made universal. Future applications will not start being x86-only; it's as easy to make a universal application as it is to make a single-architecture application.
Apple now has choice. And it is in their best interest to keep all their options open - this is why they push Universal Binaries, and will continue to do so for many, many years.
Let's take a look at what they'll be able to choose from in 2006:
* IBM: dual-core PPC970MP PPC64
* AMD: dual-core Athlon64/Opteron x86-64
* Intel: dual-core Pentium M x86, dual-core Pentium 4 x86-64
* VIA: ultra-low power, dual-core Isaiah CN x86-64
* Freescale: dual-core G4 PPC32
* Sun: (not Apple compatible but noteworthy) Niagara, 8-core UltraSPARC, 32 thread HT
If we look a little further ahead, in 2007-2008:
* IBM: dual-core POWER5 PPC64 derivative, POWER6
* AMD: quad-core x86-64, dual-core Athlon64 x86-64 derivative
* Intel: dual-core Pentium M x86-64 derivative, 8+1-core server processor
* IBM/Sony/Toshiba: quad-core desktop Cell PPC64+32 SPE units
* Sun: (not Apple compatible but noteworthy) Rock, 8-core 2nd-gen Niagara
Okay. All of this is very speculative, but based on roadmaps provided by the chip makers themselves. One thing is certain: not all of these chips will be released on schedule. Some of them will suck.
However, there will be a couple of awesome chips in there. And Apple will be able to pick. With OS X already running on PPC32, PPC64, x86 and x86-64, with the option of an easy port to POWER... Apple can choose the best chips.
They can pick and use the best notebook chips, the best desktop chips, and the best server chips. As for chipsets, which have often been a problem in past Macs, well... They can now choose between Intel, VIA, AMD, NVidia, SIS and ATI chipsets.
Apple now has a choice of many suppliers for every single component. No longer will they be affected by supply problems. This move gives them the assurance that no matter what, they'll be able to use the best hardware out there, and that'll make them more competitive than ever.