Tapping a hardware guy as CEO sends a good signal, at least to me, looking in from the outside. The company is leading from its strength, and getting back to its roots. I wonder how Woz feels today, seeing this.
But somewhere in the mix, Apple could also really use another great product mind, like the other Steve. It has been too long since the last era-defining product from Cupertino.
I have no idea what that next big thing would be. And of course, a bad product mind in charge is worse than none at all! If the next big leaps come from other companies while Apple just keeps doing what it does best in the hardware categories that it already dominates, then I guess that's fine, too.
If they are going to tap a HW guy as CEO, the next big thing should be giving exec comp and positions to every member of the Asahi Linux team, and putting them in charge of SW at Apple.