Their CPUs are actually really good now, when the apps are actually optimized for them. Especially in single core, they are very competitive with top Intel or AMD chips while being way more power efficient.
ex: in Geekbench 5.1 single core the M2 max gets 1967 points (85%) compared to 2311 points from the 7950X3D and 2369 from the 14900k. The M2 max (12 cores (8 p + 4 e), 12 threads) can draw a maximum of 36 watts while the 7950X3D (16 cores, 32 threads) can draw around 250 watts, and the 14900k (16 cores (8 p + 16 e), 32 threads) can draw around 350 watts.
Apple’s GPUs are definitely lacking though, in terms of performance.