Hi.
Most of the 412s I've seen have speakers placed diagonally
They try to fight comb filtering that plagues any horizontal arrangement of (low frequency) drivers.
My question is, why don't they just make them square like guitar cabs? I'm sure there's probably a few manufacturers who do, but none that I've seen so far.
Plenty of manufacturers do offer "traditional" 412 bass cabs for the more 70's and 80's stadion rock oriented bands/bassplayers.
And for those who listen with their eyes and are more concerned about the look than they are about how their rig actually performs

.
The comb filtering isn't as pronounced with guitars higher frequencies, obviously, but the beaming on high frequencies can be even worse when the square arrangement is used. Horizontal 212 combos are the absolute worst with their narrow high-frequency "power alley".
That beaming and even the comb filtering can be used to ones advantage though
if the stage rig is only the monitor for the band.
As a stand-alone IME/IMO the square arrangement of drivers, regardless of the instrument or the diameter of the driver, is always less than optimal if not downright bad.
Sure, it can sound decent, or very good (if one doesn't have anything to compare it with

) on stage, but in the audience things are very different.
With a non-traditional, vertical or staggered 412 or even a more PA cab oriented bass rig cab, both the on- and off-stage sound is as good as it gets.
As for the reason why the guitar (and older bass) 412's are constructed and the way they are, and the driver arrangement is what it is, Jim Marshall (RIP) is mostly to blame.
Since even the narrow headcase of the JTM series is still pretty wide, the logical way to arrange the drivers is a square.
The Bassman Jim copied, had the 10" speakers in a square arrangement as well, so that obviously played a role there.
The main dimensions of the classic 412 Marshall cab on the other hand were chosen for the most economical use of a standard (in UK at that time anyway

) sheet of plywood.
The cab was sealed, because the low power handling, low excursion drivers of that time did not work very well without the cushion the sealed box provided.
Messiers Thiele & Small hadn't published their findings on the parameters that matter on low end reproduction optimizing yet either, not that it would've matter much for Jim anyway.
That's pretty much how deeply they thought about the physics in that classic design

.
Not a bad design at that though if You ask me. Still in production and in use after 50+ years after its introduction and copied by EVERYONE.
And probably will be to the unforeseeable future I'd guess.
A square 412 can be made to work better by either time-aligning or splaying the drivers, something a very few manufacturers do though, but for bass use it'll be one hell of a beast to move in any case.
At least if traditional drivers and traditional construction methods are used.
There are more economical (size-/weight-wise, not necessarily price-wise) ways to get the bass heard, and more and more players are realizing that.
Outside hard-rock circles where the way the rig looks still matters a great deal, You'll probably never see a traditional square 412 for bass.
Regards
Sam