Further, Apple chip design probably doesn't need to respond to market pressure the same way Qualcomm does. If Snapdragons get too expensive, phone manufacturer

Further, Apple chip design probably doesn't need to respond to market pressure the same way Qualcomm does. If Snapdragons get too expensive, phone manufacturers will switch to Huawei / Samsung / MediaTek, but Apple can absorb a $5 or $10 increase in per chip cost for better performance and power efficiency since it is vertically integrated.