I know, if only they'd appointed a CEO who would have developed new products beyond the things Steve Jobs had imagined, we might have had a popular smart watch, or maybe wireless earbuds that didn't suck.
And sarcasm aside, the homepod seems like some sort of me-too misfire, but it's not like apple hasn't had those for decades as well (apple tv, ipod hi fi dock... performa after performa...) not to mention actual misfires like the controlless ipod.
Whatever legitimate complaints there are to trot out, an inability to do product development can hardly be among them.