Earlier quoted context omitted.
When iPhone came out in 2007, Android was still an OS for BlackBerry like devices. It didn't take long for Android to discover touch screens once Apple made it clear that they were dramatically better. Similarly, it's not like other ARM chip manufacturers are going to have to go through all of the same R&D expense to figure out how to make chips that are comparably fast--they just need to copy what Apple did without…
In my opinion, Apple "derisked" high-performance ARM chips with the A9-ish era five years ago. Other companies have had a long time to spend catching up to Apple mobile chips, and they haven't.
My key assumption is that there's some pareto principle at play--80% of the M1's performance gains over the next best generic ARM chip are due to a handful of key innovations while the remaining 20% come from a long tail of incremental improvements. This would mean that generic manufacturers could copy those handful of key innovations (modulo IP rights, which might be another fatal flaw in my speculation) and recoup 80% of that performance gap in just a few years. If that assumption is bad and the performance is entirely an accumulation of lots of minor innovations over time, then I suspect it will take chip manufacturers quite a lot longer to catch up.