When a company starts discontinuing things left and right, it’s a good sign about the direction the company is going. Good strategy isn’t about saying “yes” to everything, it’s about choosing when to say “no”
Yeah I know that’s kinda a Steve Jobs quote, but you’ll find that philosophy in most business journals.
It's been a problem throughout Cooks tenure as CEO, they make money (mostly from iPhone and iPhone accessories) but beyond that they are strategically all over the place, throwing things at the wall and hoping it sticks.
The Apple TV has been around since before the iPhone, so I’m not sure how you can say it’s doomed to failure lol. And Apple has never been about competing on price. If they don’t think they can make a good product below a certain price, the don’t do it. Look at the cheapest iPhone versus the cheapest Android. Same for smart watches. Yes Apple has affordable versions of many of their products, but they don’t chase the lowest common denominator at the cost of product quality.
Because it has next to no market share, that is why it is doomed to failiure as a hardware product. It's been left behind.
As for 'Apple has never competed on price' Great, but in some categories they will fail with that approach because nobody wants something that costs multiple times more that the competing products in that category. That is exactly what has happened with the Homepod.