There is a big difference between shipping an MVP (a HN favourite!) and a buggy piece of shit product.
Will it harm Apple (or Microsoft, or ...) in the long run? Probably not. Sadly users seem to be used to this kind of thing now from all the main players so what alternative do they have?
On a positive I have found Android L to be a solid release which is probably the only solid major point release I have used from any major software company in many years.