I would agree with that characterization of Google. They have a very small handful of successes and an enormous pile of failures that they’ve discarded. They give every impression of not really knowing what to do.
I think Giannandrea was also referring specifically to the kinds of experiences Apple can provide on the iOS and iPadOS platform because of their high end hardware and deep software integration. Google has yet to replicate that, and even seem to be bored with Android recently: https://daringfireball.net/linked/2020/08/05/wear-os-music