But it doesn't really match my observations for Apple. Safari? One of the best for privacy features and energy usage. iCloud? They stumbled a lot on this but iCloud for photos is arguably the best. iCloud for backups and synching devices is the best. It's a breeze to setup a new phone or laptop. Literally just login. iCloud for collaboration works well but nobody uses it because it's not the de facto standard. There is obviously a ton of people working on these things and I can't imagine internally they are targeting bare minimum for these.
I would argue that there is only 2 categories at Apple: "won't do", and "better than the best". Of course, that doesn't mean "better than the best" is always or even often achieved. And Mac Pro seems to aim too high, such that is amazing by some metric (but not others) each generation, and then out of date for a decade as it's essentially a high tooling-cost, low volume product.
And, vertical integration and integration of services with their devices is kind of orthogonal to these types of categories and more important to explain Apple. Apple notes app is not the best, and iCloud may not be the best. But having notes on all of my devices is the best. And they don't even advertise this feature, it's more of a retention strategy.
Apple Airpods debuted in 2016. The Bragi Dash Kickstarter dates from 2017. Besides which, Apple products are years in the making.
The OP provides no evidence that such an heuristic is used at Apple, and I’ve never seen this “framework” referenced anywhere besides this post.
The framework may have value in of itself, but the connection to Apple is tenuous and unsubstantiated.
You don’t have a world class consumer computer business, mobile device business, entertainment products business, app store business, etc. etc. to fall back on when you decide to do the bare minimum.
The difference between average & bare minimum for you is the difference between going bust vs. holding steady, or the difference between mass layoffs vs. hiring freeze, or the difference between giving raises and not.
Don’t go off thinking you are a maverick tastemaking Steve Jobs who can toss out “do the bare minimum” as some savant-like wisdom.
If you are doing 2 features, and cannot both well enough, then it's better to do one (important) extremely well and one (less important) just to get by, than do two mediocre features. In the former case, you will get at least some happy users who will talk about you and hopefully get you more sales. In the latter case, nobody would vouch for you and mediocrity will drive you into oblivion.
It’s not visionary or smart to apply a priority scheme cargo culted from a massive outlier (Apple) and claim it’s appropriate in all kinds of other situations. Especially without evidence.
It’s just a glib platitude for someone to sound smart.