It's probably because Apple sees itself as a luxury brand and thus its products are deserving of engraving. This is all about product positioning, even if you don't avail of the engraving, the fact that it is offered tells you something about it: that people love this brand/product so much that they choose engrave their names and messages on them.
That and Steve probably likes to give personalized gifts....
That and Steve probably likes to give personalized gifts....