The decade of hand wringing about Tim Cook’s deficiencies as CEO compared to Steve Jobs have got to be put to rest by even the biggest skeptics. The timing, execution, and scale of this transition has been so well done.
Jobs was focused on vision and product design. Cook is on operations and execution -- it also shows in his presentations. He follows the relatively safe "Apple-formula" that was put in place in the 2000s. Even the transition to Apple Silicon mirrors that of PowerPC to Intel.
Looking at the products it is hard to see where Cook has made his impression. It feels like it is about refinement and improvements year after year. That isn't a bad thing, because over time those things add up, and Apple is probably a much more well-oil and stable machine behind the facade today than 10 years ago. This is what Cook does (even before he became CEO).
I suspect Cook also knows that this is his strength, and that's where he should focus, but I would like to see something more risky and exciting come out from Apple.
I'd argue that the fundamental worry of the skeptics is correct. Apple hasn't been innovative in the same way. Apple's not brought out any products that created or disrupted an entire market niche since Cook took over, and it's arguably taken fewer risks. Instead, Apple's big wins over the past decade have been things like this: Really impressive operational successes.
Personally, I'm OK with that. But I've never really stayed abreast of the latest trends, anyway. I can also see where people who enjoyed the excitement of those famous "one more thing" moments might feel like some of the magic has been lost.