Technology and economies of scale have come a very, very long way from the 3DO. From what I've seen and heard I wouldn't bet against it, and I'd certainly place better odds on it than the 3DO.
Man, that Doom port sucked.
First: yes, it's clearly a joke. How can you copy something done ten years earlier?
Second, Apple does make their own ARM CPUs these days. They build and design licensed ARM CPUs for their iOS devices these days, which includes AppleTV, iPhones, iPads, and iPods, but for their Mac / OS X business they are still 100% Intel. Their latest design is starting to turn some heads.
"It is better for civilization to be going down the drain than to be coming up it." -- Henry Allen