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The lack of detail is troubling, will new prospective shareholders be happy about pricing given the sheer time length. Was Apple trying to get this in specific

The lack of detail is troubling, will new prospective shareholders be happy about pricing given the sheer time length. Was Apple trying to get this in specifically before IPO

gumby 3y ago
> Was Apple trying to get this in specifically before IPO Only, I'm sure, to the degree it gave them some advantage in negotiating with ARM. ARM's IPO is troubled, for reasons I haven't been following, but I am sure this helps them.
pdpi 3y ago
Anything that sounds like Apple making a 15+ year commitment to the ARM platform is going to benefit ARM's IPO massively, so the real question is what Apple got from this.
- itiro 3y ago
  Stability, legal leverage. It’s likely been hashed out in response to nVidia’s attempt to buy ARM. https://www.gq.com/story/tim-cook-global-creativity-awards-cover-2023 https://www.gq.com/story/tim-cook-global-creativity-awards-c... Tim Cook: we are very much focused on the long term. If ARM ends up being acquired, Apple can unleash the lawyers to demand adherence to their 40 year deal.
  - _w1tm 3y ago
    > If ARM ends up being acquired, Apple can unleash the lawyers to demand adherence to their 40 year deal. Hate to break it to you but it’s not 2003 anymore. It’s barely a 20 year deal.
    - itiro 3y ago
      Whoops; mental math fail at bedtime. Not sure that undermines the premise it’s about locking down IP access on Apple’s term’s. An ARM buyer or even just new management will have a harder time coming in and jacking up prices on Apple before 2040.
brookst 3y ago
I believe Apple was a founding investor in ARM and has a perpetual license to much (all?) of ARM’s IP. I’m not sure ARM’s prospective shareholders should ever have expected much revenue from Apple.
- cma 3y ago
  Apple could still potentially pay to get some say in ARM'S design decisions or be able to direct part of their resources to their needs.
  - brookst 3y ago
    Fair enough, but I don't expect ARM investors are expecting that to be substantial revenue.

The lack of detail is troubling, will new prospective shareholders be happy about pricing given the sheer time length. Was Apple trying to get this in specifically before IPO

gumby 3y ago

> Was Apple trying to get this in specifically before IPO Only, I'm sure, to the degree it gave them some advantage in negotiating with ARM. ARM's IPO is troubled, for reasons I haven't been following, but I am sure this helps them.

pdpi 3y ago

Anything that sounds like Apple making a 15+ year commitment to the ARM platform is going to benefit ARM's IPO massively, so the real question is what Apple got from this.

itiro 3y ago
Stability, legal leverage. It’s likely been hashed out in response to nVidia’s attempt to buy ARM. https://www.gq.com/story/tim-cook-global-creativity-awards-cover-2023 https://www.gq.com/story/tim-cook-global-creativity-awards-c... Tim Cook: we are very much focused on the long term. If ARM ends up being acquired, Apple can unleash the lawyers to demand adherence to their 40 year deal.
- _w1tm 3y ago
  > If ARM ends up being acquired, Apple can unleash the lawyers to demand adherence to their 40 year deal. Hate to break it to you but it’s not 2003 anymore. It’s barely a 20 year deal.
  - itiro 3y ago
    Whoops; mental math fail at bedtime. Not sure that undermines the premise it’s about locking down IP access on Apple’s term’s. An ARM buyer or even just new management will have a harder time coming in and jacking up prices on Apple before 2040.

brookst 3y ago

I believe Apple was a founding investor in ARM and has a perpetual license to much (all?) of ARM’s IP. I’m not sure ARM’s prospective shareholders should ever have expected much revenue from Apple.

cma 3y ago
Apple could still potentially pay to get some say in ARM'S design decisions or be able to direct part of their resources to their needs.
- brookst 3y ago
  Fair enough, but I don't expect ARM investors are expecting that to be substantial revenue.