Its also notable they did the same thing recently with Verizon. I thought both VZ and TSM made a lot of sense. Adjacent to Apple and completely different busine

Its also notable they did the same thing recently with Verizon. I thought both VZ and TSM made a lot of sense. Adjacent to Apple and completely different business profiles. When they pulled the trigger on Verizon buy I thought it made total sense as a risk mitigation to waning iPhone upgrades. Once the upgrade volatility declines, Verizon bleeds less handset promotion money. Users might not buy the next phone, but will keep paying bills. It was really surprising to seem them sell so quickly.