Personally speaking, I think Apple are trying to do too much. With the manpower and resources they have at this very moment, it's barely enough to drive the 'iOS' side of the business properly. For the last 6 years this is been their primary focus which is why OS X and other Apple software has been neglected or dumped.
Maybe when the new campus is up and running and they've been on a huge recruitment drive things will stop getting neglected. I think Apple will get back on track but it's going to be a number of years until they are ahead of the game in every area again.
Actually I think they are focusing in exactly the area they want to, which is not the area you, I and others want them to.
They are after the mass, non computing, market, and they are doing very well at it.
The more cool branding they can get, hell they have Burberry and Beats now, things people can use as lifestyle objects, not computers.
They have found out that is where the big mass money is.
They still have to make, what we would class a proper computers, but it's not their money making focus, they have moved on and are moving more and more away from that.
So many people, old school, want a Apple product like a PC, that could become a nice platform, but it's not going to happen, they only barely wanted to try for that market in the past, failed, and found out they can make money from the bigger non computing market.
I could say dumbed down devices, but I guess that would be harsh.
I guess its like wishing Apple would go back to making DSLR's and they have found more money can be made with compact cameras with a lot of branding and clever advertising.