Were they ARM investors at the time they needed CPU for Newton? Was that before or after e.g. iPaq PDA-s? And latter - was it that it looked that Apple maybe in danger of going under, and then they sold their ARM stake and got a cash injection that way?
I remember iPaq PDA fondly. Wrote a demo to select a song from a playlist with few thousand author-album-song with voice query. The WiFi add-on was a big plastic "sleeve", that the iPaq slid into, not the other way around. Could run the ASR engine for about whole 10 mins before it drained the battery flat, haha. :-)
IIRC Apple originally invested in ARM during the development of the Newton. The original Newtons used ARM 610 CPUs. I don't know exactly when they sold their ARM stake but they kept their architecture license.
The Newton was long before the iPaq, the MessagePad was released in 1993.