Apple's license fees are a good revenue stream, but that doesn't really mean ARM will do any business. Those fees are baked in, fire all the engineers and just

Apple's license fees are a good revenue stream, but that doesn't really mean ARM will do any business. Those fees are baked in, fire all the engineers and just distribute the fees to share holders through dividends. The question is what is ARM designing today that Apple will use tomorrow, I think the answer is likely "not much".