The APM product hasn't seen any new features in the 5+ years I have used it. The new UI that they have been working on for years even removed features, luckily you can still switch back to the old UI.
APM is the product which got them off the ground, now they hardly care about it. Yet they have no problem raising prices beyond 10x for certain usage patterns. And its not really negotiable either. I understand that they want to make money, but we are paying hundreds of thousands more, not just a few thousands. And we get exactly the same product we had 5 years ago.
People are equally annoyed about the Datadog pricing model but at least there, I don't pay for what I don't use and I only pay for data ingested. NewRelic has the per user pricing model for one single reason: They want to upsell everything else on their platform because you are already paying for the users. Ingesting logs by default is just another way of costumer unfriendly upselling.