“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 Amazon.com.”
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.]
Meanwhile, many analysts and traders will be scrambling to get back in once Apple crosses $500.
Have to wonder how much of the price depreciation was due to Jobs’ estate diversifying.
Wall Street brought up the canard that Apple wasn’t innovative anymore. After saturating the herd mind with with the canard—Bloomberg decides to do a poll. No surprise there. 71% can’t think for themselves.
When did copying become innovation… I still waiting for this damn innovation from Samsung, Google others.
At some point “innovation” no longer comprises leaps and bounds. Sometime innovation will be subtle as connectivity. According to this idiot there has not been any innovation in autos since the assembly line.
The people that regurgitate this tripe no nothing about Apple. Did Apple lose it’s cachet between the 1998 iMac and the late 2001 & early 2002 iPod and Flat Panel iMac? Did Apple lose it’s cachet between then and it’s market changing laptops a few years later, or between then an 2007 when the iPhone was released? Or between 2007 and 2010 when the iPad was released? These people are just plain clueless and ignorant. They do nothing but consume valuable oxygen. Cook said the market changing stuff was coming late this year and early next year, and that’s just about when it’s due in time. Expecting Apple to release market changing devices every quarter or two shows how ignorant these writers are, and how clueless the polled people were about what Apple is all about. It takes time and a lot of money to generate those market changing devices. And every time Apple does it, the copiers will jump in late, copy their products, fail, and generate all kinds of derivatives of what Apple came up with. Then the clueless ones think the derivative design companies are innovating past Apple. Hogwash. Absolute hogwash.
Another hit grabbing article.
Criticising Apple will garner allot of attention.