Yes and no.

Apple used to be something of a design innovator which the rest of the market would follow. It has this reputation for creating product categories that didn't exist. That's not quite true and is rewriting history, what it was good at was design.

What it did was take a product and design a high quality cutting edge of that and make bank. It started with Mp3 players - there were many of them before the iPod but the iPod did very well because it was a good design with some nice features. Then it made the iPod Touch - which again wasn't the first but was by far the best and really a mini ipad.

The iPhone wasn't the first touch screen phone, but it was a huge leap in usability and power and they did extremely well out of that. The ipad wasn't the first tablet but again it was a huge leap in usability and design and they did very well. The imac and later mac books were attractive designs rather than innovative.

Now there isn't really any areas left for them to work that strategy on. The Mp3 player, the phone, the ipad - they were obvious product categories that existed but were far away from what they could be.

VR is the remaining obvious tech frontier - but the difference is the technology isn't quite there yet. It's obvious what the ultimate VR device should be - a light weight, high fidelity unit that immersed you. Other manufacturers are either making PC tethered devices with high fidelity or mobile devices with low fidelity,as the tech isn't quite economical or right for the sweet spot.

Apple Vision Pro is a gamble on trying to secure that sweet spot. It's not intended to do well currently, it's intended to build up the manufacturing supply chain which should bring down the cost over time. Vision 2 or 3 will what they're hoping takes off. It's a new spin on their old strategy.

Most of what Apple does now though is just release fresh spins of its current products. They don't innovate but it's hard to when there isn't much left to improve on those product categories. All they can do is make the devices more powerful and lighter, and compete with companies who have now learned all the tricks and offer similar products for cheaper.

Vision may or may not win the VR wars. Otherwise there isn't really much else for Apple to go in consumer electronics. Now it is focused on "services" - selling apps, selling media - and organically growing it's user base. Big leaps in consumer electronics probably won't come until there is a big innovation in battery technology - that's the holy grail of tech at the moment.