But without buying ARM they might be able to replace ARM with their completely own thing. But due to regulations around monopolies they likely will have proble

But without buying ARM they might be able to replace ARM with their completely own thing. But due to regulations around monopolies they likely will have problems if they end up with this after buying ARM. It also isn't as profitable as Apple, so Apple stack holders might not like it. Even more if Risc-V takes over things might not be that good for ARM so it's another liability for Apple with like not that much benefits.