I very much doubt that's what drove Apple's stagnation that was purely a function of Motorola's lack of interest in the desktop processor market and no one else producing faster desktop class PowerPC implementations at the time.
Unlike the Intel world, where the CPU supplier's primary business is delivering fast processors, the performance of which happens to be an important selling point for computers, Apple's CPU provider was less interested in it and had other major problems to worry about.
I'm not sure how that compares of what happened to ARM/Acorn. But Apple certainly didn't stagnate due to not wanting fast CPUs. You just have to look at their advertising both before the G4 drought and the dubious claims of just how good the G5 was to see that.
Certainly it's true that for the last five years at least ARM have had no interest in the desktop processor world, concentrating instead on being very successful in the embedded systems world (similar to motorola, just without the very successful bit .
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