Apple is a consumer product company. “There’s a lot of money in selling silicon to other companies therefore Apple should have pivoted to selling silicon to other companies” is a weird fantasy-land idea of how businesses work.
Idk maybe it’s legit if your only view of the world is through capital and, like, financial narratives. But it’s not how Apple has ever worked, and very very few consumer companies would attempt that kind of switch let alone make the switch successfully.