“It’s time to set the Tim Cook legacy straight. I’ll focus my comments in response to the recent critiques of Tim Cook that suggest Cook’s Apple will never be able to recapture the magic of the Steve Jobs era,” Jason Schwarz writes for Seeking Alpha. “Even Andy Zaky, in his $2000 price target research report, noted that ‘2014 is the golden age of Apple and the peak growth year. After 2015, growth will stall and Apple will become a mature company-at least for this era.'”
“All those who are forecasting an end to Apple’s run of innovation are missing a key point,” Schwarz writes. “Consensus on Wall Street believes that Steve Jobs innovated the iPod/iPhone/iPad trifecta and that he played a role in developing the upcoming interface for iTV therefore as soon as these influenced products mature it will mark the end of Apple’s growth story.”
Schwarz writes, “I strongly disagree. To me, the analysts are too focused on the hardware and too consumed with picking apart the personalities who are credited with each product. If Apple’s secret sauce was hardware then the end of its dominance would be imminent. When analyzing the losers in the mp3/smartphone/tablet wars it becomes clear that their failure had little to do with hardware but had everything to do with the software platform. iPod won its war because of iTunes. iPhone crushed Palm and RIMM because of the App Store. iPad is the same story. The foundation of Apple is built upon the App Store. Tim Cook understands this and is ready to leverage it for the next twenty years.”
Much more in the full article – highly recommended – here.
[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]