Note how most of the things you listed are hardware. No one disputes that Apples hardware team is insanely good.

Their software side however is riddled with issues, delayed or cancelled projects, meandering focus, unclear priorities. They are increasingly overpromising and underdelivering.

Their product side is neither here nor there. Vision Pro is a technically marvelous bust. iPhones rely on gimmicks because there's really nothing to differentiate them anymore. Peripherals (Homepod, AppleTV) are stagnant. iPad suddenly saw signs of life this year with good functionality updates after a decade of "we have no idea what to do with it, here are meaningless and confusing hardware updates". Macbooks have been completed as a product years ago (not that it's a bad thing), so, again, they are just randomly slapping non-sensical names on upgrades and chase thinness.

Oh. Thinness. That is literally the only feature that Apple is obsessed with. You can't build a product strategy on thinness alone.