Dummit and Footes definition of solvable groups is
$G$ has a chain of subgroups: $1=N_0\trianglelefteq N_1 \trianglelefteq N_2 \trianglelefteq \dots \trianglelefteq N_t = G$ such that each $N_i$ is a normal subgroup of $G$ and $N_{i+1}/N$ is abelian, $0\le i\le t-1$
Wikipedia has the same definition and then adds,
For finite groups, an equivalent definition is that a solvable group is a group with a composition series all of whose factors are cyclic groups of prime order. This is equivalent because a finite group has finite composition length, and every simple abelian group is cyclic of prime order.
I don't understand how these are equivalent. Since composition series have simple factors, is this saying every abelian group is simple?