Airpods are ugly, and look like you have a pair of antennas coming out of your years. They do not isolate sound, sound quality was average and they were overpriced (as anyting Apple these days).
And that hasn't stopped the AirPods from becoming as popular as they are today.
It's very possible that all the drawbacks you mentioned, simply don't register as such from the perspectives of the tens of millions of happy AirPods users. Maybe people don't mind having a pair of antennas sticking of out their ears. Maybe they don't mind that the AirPods have average sound, and simply prize the convenience and ease of use more, and are happy to pay for it.
Rather than keep trying to deny this phenomenon, why not accept and celebrate it for what it is?
For the record, I agree with you with regards to the Mac. Apple had its own ideas on how to push the Mac forward, but it just isn't resonating with their user base as well as Apple had hoped.
What I do disagree on is that this is somehow indicative that Apple is no longer innovating. Apple will continue to make great strides with mobile and wearables and go on to be insanely successful and profitable for a good many years to come. Maybe the self-styled "I hate on Apple because I actually love them and don't want them to lose their way" haters here don't care for the vision of the future of computing that Apple is promising (ie: They want Mac Pros, not Apple Watches), and that's perfectly fine.
The Apple of today is very much different from the Apple of yesteryear, which was a lot smaller and much more reliant on a core loyal fanbase for its survival. In this new reality, that original core user.. those true believers.. they just don’t matter anymore. They got to enjoy the ride from the start, but now their secluded island has been inundated by a population of visitors that outnumbers them by a couple of orders of magnitude.
And it is this new population who sets the tone for what kind of company Apple will be, because they have the power in this new relationship. Not the old guard.
Does this mean that Apple has “lost its way”? Apple is slowly transitioning into a much more traditional company, and its behaviour will start to match those of a traditional company’s behaviour. Albeit one that still continues to cling to their roots as a design-led company. If you want to consider that as them “losing their way”, then yeah.
I personally wouldn’t call it “losing their way”, though. Circumstances changed, and the company changed in keeping with the times, and that’s just the way she goes.
And I will continue voting with my wallet every step of way.