By PMIC, did you mean VRM ?, if not, can you tell me the difference between them ?
About "fine tune" part, this does not relate to PMIC(or VRM) at all, more like CPU design: How many power domain does this CPU have ?
I assume Apple probably do that more than I know, it is just interesting that their vertical acquisition history feels the most boring and the most interesting.
At least looking from the outside, it feels like relatively small pieces develop into pretty big differentiators, like P.A. Semi, Intrinsity and Passif paving the way to their SoCs.