The iPhone 7 though is a big disappointment, and the fact that Apple themselves overestimated the demand is indicative of that. I think to a lot of people it looked like a decrement rather than increment, i.e. it's a 6 without the headphone jack. Camera? I don't know if I need the new one really. Faster CPU? I'm not sure it's critical for the apps I'm using. Personally, it's the first time since iPhone 3 that I don't want the new one.
Maybe it's all normal and maybe Schiller is right in that every new product will always be met with criticism. Apple's stuff is now too popular and too important to be dismissed if it's a flop. Who cares if Dell's next laptop is ugly and/or overpriced? No one cares. But Apple is a near-monopoly because of OS lock-in and millions of people's jobs (I'm guessing) literally depending on them.
It's this sense of panic that Apple is slowly building up a bubble around themselves. We don't even know whether it's the usual secrecy around R&D or they simply don't know what to do next.