Very well said, and I agree.
I'm a bit hopeful lately though, as the Mac Pro seems pretty good, along with a couple products I bought recently (and not reluctantly) like the Mac mini and 6th gen iPad. Both bring a lot of value for the price and are good designs. (There is still a huge hole - though the mini helped - in the Mac desktop line.)
I'm not sure how many people have a base understanding of business and economics, so as to see the negative impacts of that min/maxing profits stuff that pretty much get forced on most public companies (and willingly undertaken by most non-public ones). Steve was somehow able to ignore those forces, which contributed to their great products (as the this is the reason so many products get ruined).
Most people seem of the attitude that 'it is just the way it is' and how business works. Well, it isn't, or at least doesn't have to be (& shouldn't be) that way. Even so far as to often hear that fallacy of public companies having to legally maximize profits to their shareholders.
I'm afraid Apple will become like other public companies (which isn't a good thing). But, as I mentioned, a few more recent moves give me hope some of the old Apple is still around, just not quite as well directed (in terms of vision... better directed in terms of operations) as Steve's Apple.
Steve had a different factor that helped. He was a cult of personality. A lot of good will he earned was due to that personality and his charisma.
There was also a much different sense from him. He was genuinely proud of the products. When he charged a premium for that product, it wasn't because it was some min/maxing of profit (though, i'm sure there was accountants in his ears) but fair value for the product he believed offered a premium experience to everything else.
Often, he wasn't terribly wrong either. During his tenures, stuff released tended to be slightly more expensive than his competition. But at the same vein had some differentiating factor that would wow us to accepting that premium price tag.
When the Air was at the top of the game, there really was no competition for the Air till the Ultrabook platform came out. The idea of stomaching a slightly more expensive price for the Mac vs other laptops was reasonable, since you weren't getting an ultrabook at the time from anyone else. Same with the unibody macbook pros. Even the iMac when launched.
Today, Apples lineup isn't bad from a technical standpoint. But that ridiculously high premium is still there, without offering any real significant or compelling differentiation to warrant that price. The overall markets in the industry Apple is competing in is very mature and almost everyone is offering parity accross the board. The difference is, you get more for the same price with competition. Meaning that the premium you're paying now for Apple's products is for the logo and not the tech inside. The very defition of what we used to call "The Apple Tax" back during the old days (pre jobs return). Apple's current pricing scheme is "we charge this cause we're Apple".
Jobs got away with it because of his attention to product details and quality. His anger when things went wrong was often more because he felt personally slighted when people didn't like something (The you're holding it wrong moment). Where Tim doesn't seem to care about the products themselves, more about the money. Tim's "you're holding it wrong" is not because he feels the product is being insults, but because it means less sales. And without the cult of personality and charisma that Jobs had, it comes off as sleezy profiteering and not just a ceo being ceo
edit:
just to add, you're right with the "ceo's job is to maximize profits" mentality of today. People who repeat this don't have a clue what CEO's job is. While maximizing profits is an aspect of it, it's the CEO's job to navigate emergenging and changing markets and environments and to navigate through the quagmire of everyday life in order to ensure the long term sustainability of the company. The job of mazimizing profit is that of the CFO and accounting. They are to find the maximization of profits and provide those recommendations to the CEO who then is to take into consideration what the accounting portions say in order to make business decisions.
Anyone who claims that CEO's should only answer to maximization of profits and nothing else have no business running a company. There is so SO much more to running a company than just profit maximization. Health and safety. long term sustainability. employee retention. navigation of the legal environment the company works with. Dealing with governemnts and regulatory bodies (depending on industry) and ensuring that the companies best interests are considered and weighed.