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The whole company is sized to a specific revenue stream, and this revenue stream requires a specific sales volume. Apple could get off Mr. Bones' wild ride, but this would require remaking how the whole company works:

- less frequent laptop releases mean lower sales (do you want this 2020 Mac or this 2023 Dell?)

- lower sales mean lower revenue, lower revenue means lower costs

- so now Apple has to spend less on R&D and at the same time convince its board of directors that lower sales don't mean Apple is failing

It objectively is a problem for Apple as a corporation though, as they are expected by their shareholders to to continue to grow and increase profits year over year.

Only in a modern capitalist society etc etc. One thing Apple diversified in in the past years is its non-hardware offering; iCloud earns them billions and Apple TV is churning out massive productions, a 3.5 hour Scorsese flick in cinemas for example.

Why would they do that? It wouldn't solve the problem @rueeeeru stated. They need to remain competitive and you can't do that by sitting on your backside for four or five years between products.