I would argue the stock market is forcing them to do all that. Line must go up, but it's not sustainable. Like you said, they ship later and later after the announcement. At some point they're going to have to disappoint or move the goalposts.
Their software side however is riddled with issues, delayed or cancelled projects, meandering focus, unclear priorities. They are increasingly overpromising and underdelivering.
Their product side is neither here nor there. Vision Pro is a technically marvelous bust. iPhones rely on gimmicks because there's really nothing to differentiate them anymore. Peripherals (Homepod, AppleTV) are stagnant. iPad suddenly saw signs of life this year with good functionality updates after a decade of "we have no idea what to do with it, here are meaningless and confusing hardware updates". Macbooks have been completed as a product years ago (not that it's a bad thing), so, again, they are just randomly slapping non-sensical names on upgrades and chase thinness.
Oh. Thinness. That is literally the only feature that Apple is obsessed with. You can't build a product strategy on thinness alone.
The stock market can easily be taught anything. And Jobs didn't even care about stock market, or stock holders (Apple famously didn't even pay dividends for a very long time), or investors (regularly ignoring any and all calls and advice from the largest investors).
You need political will and taste to say a thousand nos to every yes. None of the senior citizens in charge of Apple have that.