“It’s been a rough 10 months for Apple since the stock touched $700 and the iPhone 5 was released last September. Slowing growth, a lack of new products outside of a smaller iPad, and a relentless technology press have more or less created the impression the company is yesterday’s news,” Mark Rogowsky writes for Forbes.
“Microsoft’s disappointing earnings results last week highlighted the software giant’s troubles transitioning to a mobile world, surely Apple will join its old rival in the tech company dead pool when it reports later today,” Rogowsky writes. “Oh, and it’s going to let everyone know next quarter won’t be much better. That’s the conventional wisdom anyway.”
MacDailyNews Take: That’s some “wisdom,” alright!
Rogowsky writes, “The source of Apple’s woes, according to the multitude of experts, is some combination of CEO Tim Cook’s failure to effectively replace Steve Jobs, a lost ability to innovate, or something to do with the admittedly poor rollout of Apple’s Maps product with the new iPhone. In the short run, though, the company has faced more tangible execution and product-cycle issues rather than ethereal “innovation” problems. And many of those seem to be clearing.”
Read more in the full article here.