It seems an ironic perspective given that "Time is the only real currency we have" is on the HN front page!
I specifically mentioned it because Apple (1) has cloud resources, whether they see it as an offering or not, (2) has full stack integration with their products, & (3) has historically prized ease of use and packaging new technology in a slick way.
"Underpowered Mac / iPad / etc, now with iPower transparent cloud compute" seems a unique way to leverage their strengths and abilities in ways that Google, MS, and Amazon lack the capabilities to match.
Sounds like Silicon Valley thinking. If you're used to massive salaries (and massive housing costs), you probably won't care about relatively small subscription costs.
But for the majority of people elsewhere in the world, those costs really do add up. There's very little appeal in renting a PC or games console in the cloud, then getting a sub-standard PC or console experience for an ongoing fee.
Point being that expecting someone with that level of disposable income to having savings that allow for capital expenditures (instead of amortized subscriptions) isn't likely either.