This move is very Nintendo-like. Gimmick then don't even attempt to compete with the big dogs.
The fanboys have their meat to chew on "it's not hot". And they will repeat it on command as Apple falls behind to a swath of competition. "It might be slow, but at least it doesn't warm my lap."
Apple just dropped hardware which crushes every comparable competitor.
But to you, Nintendo is not competing by "making more money", and Apple is "falling behind" by ... jumping years ahead? This reads like personal axe-grinding that is detached from any objective link to the market.
https://www.cnbc.com/2020/10/28/sonys-second-quarter-profit-...
https://www.cnbc.com/2020/11/05/nintendo-raises-switch-forec...
Well, they just pantsed Microsoft at their own ARM laptop game (#2 most valuable) and the #1 big dog is, er, Saudi Aramco.