> ... we have entered into a new long-term agreement with Apple that extends beyond 2040, continuing our longstanding relationship of collaboration with Apple and Apple’s access to the Arm architecture.

Arm's IPO F-1/A.

https://www.sec.gov/Archives/edgar/data/1973239/000119312523...

Which was linked in the MacRumors link.

>agreement

and

>access to the Arm architecture.

Is vague language that could mean about anything.

E.g. it could mean RAND ("reasonable" and "non-discriminatory").

Namely, the parent specifically claimed:

>Apple has a licensing deal with ARM through 2040

The vague language is insufficient to support the claim.

> we have entered into a new long-term agreement with Apple that extends beyond 2040, continuing … Apple’s access to the Arm architecture.

Clearly says that the agreement continues Apple’s access to the Arm architecture beyond 2040. That’s what a licensing deal is.

This is an important disclosure. Any attempt to pass something less than a licensing deal with this wording wouldn’t get pass the lawyers.

That's not even a contract but a public statement. A lawyer would wipe her ass with it.

We do not get to see the actual agreement, and this "access" could very well mean the RAND I mentioned, i.e. that they won't be arbitrarily denied a license.

Incidentally, the key word "license" is remarkably not included in the language used.