There's a former chip designer who is posting a series of pretty detailed articles about the ins and outs of switching Macs over to ARM. (I'm guessing if it happens, it would happen on an Air-like MacBook first). Not sure if his prediction is right, but I'm learning some things.
Part I: http://www.cliffs.reviews/2014/09/why-macs-will-get-armd.html
Part II: http://www.cliffs.reviews/2014/09/why-macs-will-get-armd-part-ii.html
Part I: http://www.cliffs.reviews/2014/09/why-macs-will-get-armd.html
Part II: http://www.cliffs.reviews/2014/09/why-macs-will-get-armd-part-ii.html