Bloomberg News poll: 71% say Apple has lost its cachet as an industry innovator

“When Steve Jobs passed away in October 2011, Apple (AAPL) investors instantly worried the consumer electronics juggernaut had lost its innovative soul,” Matt Egan reports for FOXBusiness.Increasingly, investors seem to be betting those fears are coming true.

“Seventy-one percent of respondents in a newly-released Bloomberg poll say Apple has lost its cachet as an industry innovator, including 28% who say it is permanent and 43% who believe it may just be a temporary issue,” Egan reports. “Another 23% of poll respondents believe Apple remains on top of the industry as an innovator and 6% were unsure, Bloomberg said.”

Egan reports, “Apple had long been admired for its groundbreaking inventions, including the iPod, iPhone and iPad. However, the Cupertino, Calif.-based company appears to have ceded some of that innovative ground to rivals like Samsung and”

MacDailyNews Take: Yes, and pigs might appear to fly, too (if shot out of cannons).

Read more in the full article here.

MacDailyNews Take: Interestingly, 71% of poll respondents also admitted they generally don’t know WTF they’re talking about and instead simply parrot back nonsensical snippets of what they manage to hear in-between episodes of Here Comes Honey Boo Boo.

[Thanks to MacDailyNews Reader “barnard holcomb” for the heads up.]


  1. Bloomberg has jumped the shark where Apple is concerned. They don’t show the survey questions, which is always a tip off that the questions are slanted to generate a particular result.

      1. I lay the blame to Apple’s seemingly endless parade of bad press at the feet of Tim Cook. This hapless muppet simply has NO answer to all these attacks on Apple.

        Fire Tim Cook.

        1. So I supposed the constant stream of criticism directed at Apple during Steve Jobs days was Steve’s fault?

          Why should Tim Cook care? He needs to focus on making great products, then maximizing profit, and only then addressing criticisms that are real (such as poor map execution). At no point should he care about people’s opinions of Apple’s “cachet as an innovator”.

          And he shouldn’t release new product advances and categories until Jony Ives says they are ready, no matter how long that takes and who whines about lulls in product news.

          Fire Tim Cook? Who is doing a better job than he is? Who is this seasoned replacement you recommend instead of Steve Jobs top pick?

          You are confusing the fact that Apple isn’t perfect with the idea that it is failing when it is not. It would never be perfect no matter who ran it, but please tell us who you have in mind to replace Cook.

          1. As usual, let me point out a WONDERFUL list of Apple-HATE:

            Apple Death Knell Counter

            Let’s count how many Apple Death Knells were proclaimed WHILE STEVE JOBS WAS CEO! Jobs become ‘interim CEO’ of Apple at the end of 1997. So let’s start in 1998:

            1998: 1 death knell
            2000: 2 death knells
            2001: 6 death knells
            2002: 6 death knells
            2003: 12 death knells
            2004: 8 death knells
            2005: 3 death knells
            2006: 3 death knells
            2007: 1 death knell
            2010: 2 death knells
            2011: 2 death knells
            – Steve Jobs dies in August of 2011.
            2012: 5 death knells

            Q: So, did the SECOND COMING of Steve Jobs solve the bad press Apple received in 1996 onward, thanks to their horrific overstock of $1 BILLION unwanted Mac Performas?

            A: NO. In fact, the press HATE barrage accelerated with time after his reinstatement as CEO. What got the press off Apple’s back was the ‘Gee Whiz!’ factor of nifty new products, products, products, NOT Steve Jobs’ public persona.

            IOW: So much for the stupidSteve Jobs Super Hero Of PR‘ hypothesis.

            But watch ignorant people shove their ignorance in our face anyway. All in a day’s boredom. 😛

            Next brain-dead Apple-hate death-knell please! 😯

        2. “the joker”: a joke. Nothing to offer but the usual hate hate hate. As per usual, when I see unsubstantiated propagadist bullshit like this I have to wonder: Who paid you, and how much?

          FUD FUD FUD FUD!

    1. Sample of how this is done.
      Question: “So when do you think Apple lost it’s mojo? iPhone 5, intro of Galaxy S4 or recent stock devaluation?” Pick one.

      71% chose one, and the savvy respondents didn’t bother to answer.

    2. It’s important to point out, for the casual reader, that this has nothing to do with consumer sentiment.

      “The survey of 906 investors, analysts and traders who are Bloomberg subscribers around the world was conducted May 14 by Selzer & Co., a Des Moines, Iowa-based polling firm, and has a margin of error of 3.3 percentage points” (emphasis mine)

      1. Having authored a few research papers in social psychology myself, I laughed out loud at the self-selection bias involved with “[i]906 investors, analysts and traders who are Bloomberg subscribers[/i]”. Drawing any conclusions from this limited and biased population would just be silly. If they subscribe to Bloomberg they must already agree with Bloomberg’s opinions, otherwise they would unsubscribe.

    1. All how you play the numbers:
      • Only “28% who say it is permanent”
      • 66% believe Apple is an innovator = 43% “temporary issue” + 23% “believe Apple remains on top of the industry as an innovator

      Strip out the clueless 6% who are “unsure” and the and you get 70% believe Apple to be the world’s innovator. Not Samsung or Google.

      All how you play the numbers!

  2. The problem for Apple is even if the respondents are totally ignorant what these people believe may very well impact their decisions regarding purchases of phones, tablets, notebooks, etc.

      1. Juan, you really are an idiot if you cannot understand what a population sample means. Then again, if you are an Apple fanboi being called an idiot is redundant.

  3. You ever wonder why Apple never does a market survey? Most people do not know what they would like to have until they see it. I have dealt with this problem in engineering all my career (>40yrs).

    1. Senior management at the company I work for preaches we need to ask our customers what they want. I always respond if you are listening to them to move the company forward you are too late. Our customers only want what they don’t have now. They don’t know what they will need tomorrow.

  4. One would reason that he did not buy Apple stock and others was saying how much money that made. Probably started to address this with negative articles so the investers would lose money and he could then have the last laugh.

    Bloomberg is one melding tool.

  5. “MacDailyNews Take: Interestingly, 71% of poll respondents also admitted they generally don’t know WTF they’re talking about”….

    Great take MDN!!! Great!! Million dollar sentence!

  6. I always wonder what is it that is so innovative about the so called “competition.” They never mention anything specific. Is it the cheap ass plastic cases? Or the leading malware? Or the greater fragmented software options? Could someone please enlighten me? And no, the big ass phablets are not innovative, we’ve already have a market leading iPad for that.

    1. Basically every hedge fund manager mentions the specific reason why iPhone sales are flat because the iPhone doesn’t offer a 5″ display model. That’s almost a universal conclusion and that’s what constitutes “competition”. No 5″ display mean no innovation. The big picture becomes that for every 5″ display Android smartphone that gets sold there is one less iPhone sale. It may be an incorrect conclusion, but that seems to be the major reason why hedge funds are dumping Apple.

      However, that was the same conclusion that was reached when Windows netbooks were hot sellers and Apple didn’t offer one. It’s going to be up to Apple to prove their theory wrong. But meanwhile, Apple is again low man on a very tall totem pole.

      And the Galaxy Note IS supposedly a runaway hit but Apple doesn’t make a tweener like that. Apple would have to at least match every size smartphone that Android smartphone vendors offer to be “innovative” and “competitive”. Those are the standards that Wall Street has set and there’s nothing that can be done about it. Consumers mainly buy what they can afford. However it does seem global consumers are buying more Samsung smartphones than iPhones. Well, at least Samsung is shipping more on the order of 4X as many which is no small potatoes.

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