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You guys are missing a critical point here: MacBooks don't have a TPM (Trusted Platform Module) that is essential to making a Windows 11 OS run. The TPM is the foundation of the Windows security platform. I'm not sure how Windows 11 would officially run without any TPM support without heavy code modification.

TPM is very far down on list of challenges you'd have to overcome to have a usable directly booted Windows system on an Apple Silicon Mac. And, as mentioned by many others, Microsoft officially supports running Windows 11 as VMs on Apple Silicon, so TMP is hardly a problem.
 
The actual truth is... this ain't never gonna happen. Never.
…and not for any technical reason: Microsoft makes money by licensing software and services for the huge range of third-party Windows PCs on the market. Their own Surface line is way down the market share list below HP, Dell, Lennovo, Acer, Asus, et. al. buried somewhere in “Other” on most lists. I can’t see any good reason for them to allow, let alone invest the non-trivial effort of making an Apple Silicon version of Windows-on-ARM, unless Apple are going to start selling SoCs to HPDelnovo (cue flying pigs, hell freezing over and other portents) so they can start churning out M-series PC laptops en masse.

The current state of the art is that a native Apple Silicon Windows on a M4 would likely blow other Windows-on-ARM platforms like Snapdragon out of the water - and there’s no real competitor to the M4 Pro and Max (it gets more interesting once you get to server-grade ARM CPUs). That would tick off the rest of the PC industry somewhat, and MS can’t afford that).

All the other technical problems could be solved, given that MS would need to make a modified kernel anyhow - we aren’t likely to see a hacker-led solution like the one that prompted Apple to release Bootcamp.

Meanwhile, MS will struggle to shift Windows users from x86 to ARM because, again, they have to take the entire PC industry with them, and the industry has to persuade users to put up with the inconvenience of the transition, whereas Apple simply declared “We’re not making x86 Macs any more - deal with it!”
 
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Meanwhile, MS will struggle to shift Windows users from x86 to ARM
At one point that was the goal, but X86 processors from AMD and even intel have more raw processioning power over Apple Silicon (using more wattage) and intel as their Lunar Lake processors that operate similarly to Qualcomm's snapdragon x processor. As it stands, the X86 architecture has a low wattage processor for laptops and long lasting batteries and high performance processors. I think MS has given up the idea of abandoning X86
 
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I suspect that Windows-on-ARM is/was mainly Microsoft hedging their bets - while also giving Intel & AMD a wake-up call.
Perhaps, and seeing the success of Apple Silicon certainly caused a lot of consternation over at One Microsoft Way, Redmond, WA
 
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