Yes that's it. Jobs's annoyances were always about achieving a better product, a higher level of refinement or something of the sort. It was mostly about, "it can be better this way" and he was very often right even though sometimes not.
On the other hand, with Cook, it's always about cost cutting and corner cutting and the likes. It feels cheap (especially considering the pricing and brand aspirations) but also primitive and unrefined.
Which is why their price escalation was unjustified, if you want to charge a lot you need to figure out a no compromise product and, in my opinion, they have not been there a lot recently...