No, they made a minor change to an existing Pixar file format. Pixar who they already had a very cozy relationship with. The whole industry was standardizing onto glTF and Apple couldn't let that stand.
Your assumptions underscore your bias. Perhaps they have bigger dreams then the rest of industry.
Apple stands out from the rest of those industry players by historically having much longer range architectural vision. They have also been investing heavily in their devices for many years to support that vision. The processing power of the typical iPhone outruns average competitor by multiples.