I think that's a Rosy take. I remember the macs from before the intel generation, and they were hardware garbage (there's a reason they finally gave up and went to intel)
Then the intel macs were nice looking exteriors with very lackluster internals.
So for a long time it genuinely was an overpriced laptop from a performance point of view.
I'd say it really wasn't until the M1 that Apple has been at the top on both sides of the hardware equation.
But they are there now. I'm waiting to see if we get some real competition opening up in that space (hopefully).