I get that MacBooks and AppleTV's will never be anywhere near the performance of PC, Xbox or PlayStation, but Nintendo has shown that doesn't have to matter. I'm pretty sure any Apple SoC used in the last ~2 years already beats the Nintendo Switch for example. All Apple needs to do is put some effort towards getting more 'real' games in their store, ie: games like you would play on switch with traditional controls, and not glorified mobile games that also have to work with the ridiculous AppleTV remote.
My feeling has been for a long time already that Apple is really leaving a huge opportunity on the table here. But the vibe I got from WWDC keynote and platform state of the union was that they seem to have more focus on this now, showing unity, maya and some other tools that can be used for game dev, running on their Apple Silicon. So who knows what they are planning...