“In the wake of Apple’s (AAPL) better-than-expected earnings report on Monday, many are giving the company’s cheap stock a second look,” Prasad Kaipa and John Edson write for Fortune. “There’s an even better reason to revisit Apple, however. Tim Cook has been humbled, and now he’s reintroducing the company’s original profit driver: disruptive innovation.”
“Cook has always been a smart leader when it comes to operations. He built his reputation by building a global supply chain that reliably delivers millions of products at managed costs to consumers all over the world,” Kaipa and Edson write. “He also knew when to build bridges (like he did with HTC), when to fight (like he is doing with Samsung), and when to apologize (like he did with Apple Maps and service in China).”
Kaipa and Edson write, “Under Cook’s leadership, we’ve seen Apple Maps, a new (thicker, heavier) iPad, the iPad mini, and many smaller product improvements across the board. But we received no new products in March. Can Apple turn this trend around? We believe it can, and we believe Tim Cook is the man to do it. That’s because, like many leaders who evolve from being merely smart to wise, he is showing evidence of leadership changes.”
Read more in the full article here.
MacDailyNews Take: We believe Tim Cook is the man to do it, but we disagree that he’s been humbled as he always stuck us as a rather humble man, despite running the greatest company on earth while carting around a personal net worth approaching half a billion dollars.
