Honestly, I don't know how much of this was COVID and how much was just a slowing of the business over the past few years and this is an inevitable consequence

Honestly, I don't know how much of this was COVID and how much was just a slowing of the business over the past few years and this is an inevitable consequence of that. I think the business has always more or less run on fairly thin margins (again, it's mostly designed to fund a lifestyle of building awesome Apple apps, not get the founders rich at the expense of employees/customers/VCs/etc.), and so even fairly minor disruptions could cause that to become a big issue.