Now clearly the hardware is different too. But I think the whole “appliance” thing is software.
Maybe refining the argument to: It’s a Camry with the same horsepower as the truck?
Funny thing I was at the hardware store today looking at modern trucks and was laughing to myself that they seem so much more car-like than when Steve Jobs made that comment. They have pretty interiors with cup holders and infotainment centers. And cars these days have horsepower approaching trucks. ¯\_(ツ)_/¯