“The ‘can Cook’ talk mysteriously ceased,” Pendola laments. “Yet nothing really changed at Apple. The story should have remained the same — dividends and buybacks do nothing other than provide temporary relief for the stock price. They provide a lift and some sort of relatively shaky floor, but they do nothing — at least nothing we should perceive as a tonic — to alleviate the root issues at Apple. Matters dealing with long-term innovation — the ability to do something other than improve (or so we hope) existing products and services — under Tim Cook.”
This is, Pendola claims, “a time littered with uncertainty that hasn’t existed in years as Steve Jobs rolled out hit (iPod) after hit (iPhone) after hit (iPad).”
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MacDailyNews Take: iPhone was released 5 years, 7 months, and 19 days after iPod. iPad was released 2 years, 9 months, and 5 days after iPhone. Tim Cook has been Apple CEO for 1 year, 8 months, and 19 days.