Because a big portion of ARM’s other revenue Apple has set up the foundations for. They set the foundations for ARM on mobile devices with Newton - then perfected it with iPhone, iPad, Apple Watch, etc. Then, in an industry-defining shift, Apple became the first major player in the industry to successfully push ARM onto Laptops/Desktops and have any sort of market for doing so.
ARM is going to be just fine - the only viable alternative is RISC V which as it stands is immature and not very usable. Giving Apple a break on royalties is a sensible option if Apple is creating a ton of new business - which they are. Apple revitalizing ARM on desktop/laptop is creating a ton of new business as competitors do what they always do and look to copy Apple.
I feel like this would represent a strategy shift for Apple. It’s no secret Apple Card has been easy to get (arguably too easy from the perspective of an issuing bank) which is incompatible with Chase’s standards. Wondering if this is Apple or Chase in talks and testing the waters with a leak to see what response is.
I’d selfishly like to see Amex taking over the card but that’d be pretty unlikely because of probable Mastercard exclusivity, relative lack of international popularity on Amex’s end, and it being a pretty bad business decision right now.