TL;DR: Under Jobs, Apple focused on engineering products and the profitability and stock price followed. Under Cook, Apple focuses on stock price (dividends, stock buybacks) and is massively cutting R&D/Engineering costs to the point they did not release anything really new for years and their projects keep failing while also increasing prices. E.g. Siri that is unable to catch up to modern chatbots.
Sure, that’s an argument for why the stock price is suffering, not for why macOS is in danger. Apple is still massively profitable, the stock price just reflects the market’s perception that profits won’t increase as fast as their competitors.
TL;DR: Under Jobs, Apple focused on engineering products and the profitability and stock price followed. Under Cook, Apple focuses on stock price (dividends, stock buybacks) and is massively cutting R&D/Engineering costs to the point they did not release anything really new for years and their projects keep failing while also increasing prices. E.g. Siri that is unable to catch up to modern chatbots.
Sure, that’s an argument for why the stock price is suffering, not for why macOS is in danger. Apple is still massively profitable, the stock price just reflects the market’s perception that profits won’t increase as fast as their competitors.