Apple board expresses concern to CEO Cook over pace of innovation, product pipeline, sources say

“Shares of Apple (AAPL) are down 69 cents at $460.32 in late trading after Fox Business Network‘s Charlie Gasparino reported late in the day’s session that there is pressure on CEO Tim Cook from the company’s board of directors, citing unnamed sources,” Tiernan Ray reports for Barron’s.

“‘From what we understand there is concern at the board level about the pace of innovation.’ … Gasparino added that ‘this is an interesting board-room drama; this doesn’t mean that Tim Cook is out of a job. I don’t believe that’s happening, and sources inside Apple are telling us that’s not the case,'” Ray reports. “Piper Jaffray‘s Gene Munster was on the network following the report saying Gasparino was ‘probably right’ that the board was asking Cook about how the company is prepared to be competitive next year.”

Ray reports, “Gasparino asked Munster, “’Is this guy up to this job?’” given that he is stepping into the large shoes of late founder and CEO Steve Jobs. Said Munster, ‘I think it depends on what that means. If it means replacing the majority of Steve Jobs’s shoes, there’s nobody who’s going to do that. If it means getting Apple to a point where it has enough new products and excitement where it can grow several years out, and the stock can go up, if that’s the measure, he’s absolutely the right guy.'”

Read more in the full article here.

83 Comments

  1. Total fud. I don’t know why speculation gets put on MDN. As if the board is not privy and participating in the process of advice in releases. This is not Steve jobs but he is the next best thing for a while.

    1. Really? Apple’s cinema displays sell with USB 2.0, the 21st century equivalent of floppy drives. Apple should have been selling cinema displays with Thunderbolt and USB 3.0. IGZO displays were rumored for two years and still we wait.

      Tim Cook has promised that Apple will be releasing great products. It seems Apple will be selling MacBook Pros and desktops with Haswell processors later this year, but no thanks to Apple. Besides, this was already anticipated. Apple has been dragging its feet adopting newer technologies.

        1. I think a lot of this problem may well go back to SJ’s time actually, he loved the excitement of new products but thereafter preferred to milk it for as much profit as possible. He was quite reluctant to add to a winning product unnecessarily as a strategy to allow room future development in the most cost efficient way. That was great while they led the way and others struggled to catch up but not so much once they start to do so, and Samsung developed Android hegemony unexpectedly and quicker than anyone anticipated to form a potent competitor. Now as the adverts show they are unable to actually boast ‘lightest’, ‘thinest’, ‘best screen’, even eye catching new innovation so concentrate of lifestyle uses at least until October.

          Difficult to say whether the fault to change quick enough from tweaking a product/OS to serious upgrading was a legacy of SJ’s attitude in this regard therefor or complacency on the part of his successors, mostly Cook as leader, who is after all an efficiency expert rather than creative expert. Either way there really is need to up the tempo and I guess by the end of the year there has been plenty of opportunity to innovate beyond any remaining SJ influence over strategy so that will be the time to really judge I guess.

        2. Totally bogus logic; at whatever rate they choose, Apple is the only innovator. Samsung copied Apple’s innovation – they aren’t innovating at all.

    2. This could be somewhat true. BUT:
      This is the new Apple. It is could be the pivot. The pivot where Apple goes from being a smash-hit-based company to being a fortress. A fortress of quality and stability. There can still be a lot of innovation, but not at the same rate as before. That rate was awesome to watch, totally necessary and not sustainable. This could be the pivot from young-cocky-reckless Apple to old-wise-impenetrable Apple.
      Apple often does the unexpected. Including change.

    3. … well, I have been wondering for a long time why the board has had so much patience with Cook’s poor/late/not-read-for-prime-time product rollouts and his absolute inability to find a retail chief. Instead of blowing money on hoola-hoop offices, how about delivering new products NOW, Cook?

  2. I think Apple’s problem with “innovation” is that people now expect “innovation” from Apple to be a new, radical product line that totally takes whatever market it enters by storm. It completely discounts innovation by changing existing products.

    Apple is likely running into both technical and licensing problems for whatever Steve Jobs’ solution to TV is. This may be a problem of content delivery (bandwidth, licensing, etc.) or even as simple as cost (4K TVs and other components are still too expensive).

    Apple is expected to “innovate” by blowing an existing market out of the water and instantly leapfrogging all other options. Most companies only do that once in their existence; Apple has already done it 4 times (Mac, iPod, iPhone, iPad).

    But perception often becomes reality.

    1. Forget about innovation, Apple hasn’t come up with a new product for one year. This is the longest drought going back before SJ. I’m an Apple fan, but I’m seeing Apple’s dominance being challenged. It’s all in the numbers and you guys all know it. And still we’re hung up on iPhone4, a 3yr old phone and iPhone5 just a different iteration of SJ’s innovation. that’s why BoD is concerned: No New product design since SJ.

      1. wrong – do some research kf99
        the time between iMac, iPod, iPhone are all more then 1 years worth of innovation research and deployment – innovation takes time – technologies need ripening – processes in manufacturing need time to advance – cost effectiveness in processes to fabricate components takes time – market entry and the general world economy also is a factor. All needs consideration when innovating new or improved products.

        1. U know, Apple is in trouble when M.Fool giving advice on how to boost iPhone sales. I’m not saying innovate a new product category. I’m saying give us a different phone design, or improve on the iPad. I can’t remember a time when SJ relied on a 3-yr product. He moved on, killed the old and started a new design. TC still hanging tight to the old iPhone4 to drive sales instead of creating a new phone. That’s the difference!

        2. The improvements to iPhone and iPad are steady enough.

          I honestly could not afford to buy and sell a iPad or iPhone every six months… nor would the phone companies wish to offer the upgrades freely to customers if Apple pushed improvements out the door each month or every 3 months… those rate at which improvements come now – is just fine as they as they are now.

          Furthermore this is also why Apple products hold their value longer.

        3. I get ur point, but in order for Apple to stay atop competition, it needs to refresh faster, rather than again relying of 3yr old phone. If u remember in the older days, competition was always lost and trying to catch up. Now days Apple is trying to catch up instead. To prove my point, why all of the sudden they’re going after cheaper phone? Coz competition set this tone. And maybe bigger screen size phone?? I have great admiration for SJ, but this TC is only as good as an Operation genius and that’s it.

        4. well – i understand your point too – and Actually if Apple would disclose some of its directions more freely and transparently – perhaps we all would feel more at ease. I feel too Apple is in a catch up situation now… yet that might actually translate into the hint that Apple is busy focusing on other markets or products. – peace brother

        5. Personally I think you are both correct. You can’t just innovate instantly. Generally speaking, that takes time. There are exceptions but that’s why they’re called exceptions. Difficult to put a timetable on innovation. But love or hate Apple it’s easy to see that Apple is always working hard to innovate. There have been a few problems in the last year and a half regarding product build and release. Pipeline problems and poor decisions such as depleteing the current iMac last fall before the new iMac was available in force. And Apple has had a difficult time, partially due to these errors, in adjusting its release dates. If you make great decisions and execute properly you will thrive. If you stumble you won’t. It’s as simple as that. No matter who you are. Two or three years ago Apple had little competition in the smart phone, iPod and iPad kingdom. Missteps were not pounced upon by the competition. That was then. This is now. Like it or not Apple has all the competition it can handle. Legitimate or not, the competition is beating on the castle doors. Obviously Apple is acutely aware that they could use something earthshaking. If they had it/them available now it would be on the market. Wishing doesn’t make it happen. Complaining doesn’t make it happen. Making excuses doesn’t make it happen. When it’s ready, whatever it is, Apple will introduce it. But not until it’s ready. Because that’s the Apple way. And maybe some of the competitors will beat Apple to the punch? Maybe Apple will be second or third in introducing something new? But Apple has a history of making something better not necessarily making it first. Hopefully Apple will get its pipeline and delivery problems straightened out for the future. They’re finally bringing to market a cheaper iPhone. Clearly this will help not hurt the bottom line. It’s just a little bit late. Apple should’ve done better. They didn’t, but it will still sell like hot cakes. To me, the glaring problem is the lack of a larger iPhone. There is a big market for a quality larger phone, not an Android larger phone. There is a difference. Not having this phone available by now is clearly a big mistake. And it shows in the stock price. But the things that we are pretty certain that Apple is going to introduce this fall should get the ball rolling nicely. A larger iPhone, Apple iTV and iWatch for the future will be the cherry on top.

        6. Hey, SJ was still alive when the iPhone 3Gs was still in production and being offered as the Zero down no contract phone option.

          Yes buying the old phone – last years or two year old model doesn’t feel a good offer – obsolesce in technology happens fast… nice to offer two brand new phones – one high end and one low end…

          however Apple offers the ONE MODEL in three options NO?
          16/32/64 gigabyte iPhone 5 – each with a different price

          then you have the option to go on a 2 or 3 year contract putting about 150 dollars on the cost of the phone OR buy it out right for 699.99 from Apple or the phone company.

          And if that is not good enough buy the last years iPhone 4s.

          We are approaching iPhone 5s or 6 plus the possibility of a less expensive – possibly the inexpensive iPhone does not work on GSM but on the CDMA networks.

          Perhaps, its to work with::
          “The network uses the UMTS IV frequency band, also known as AWS, to provide UMTS service with HSPA data (“3G”). Using this band, user equipment transmits at 1710–1755 MHz, and receives at 2110–2155 MHz. AWS is the same frequency as Wind Mobile and Videotron in Canada and T-Mobile USA.” – wiki

        7. That’s nice, ur pointing out these different plans, but can you tell me why sales are trending down and margins are shrinking? Even Apple’s retail store sales are flat from a year ago although they have more of them now. Why? No new product to excite people to want to buy. The “got to have it” is no longer there.

        8. Where’s the transition? U get it? iPod, iPhone, ??? That’s the job of a great CEO to envision the future. That’s why the BoD is concerned.
          U get my point now after all of these back and forths?

        9. You answered your own question.”No new product”. Give it another month. They’re coming. Once they arrive, sales will trend back up. Margins on the iPhone will probably compress over time. Commoditization. Apple realizes this. But Apple will still have the best margins in the industry on their products. Just like the iPod, eventually something will supplant the iPhone as the money maker for Apple. They’ve probably been working on it for a long time. Services is where the money will be in the future. With all those iTunes accounts and new products coming in the future, Apple should be able to monetize all those accounts. They’ll all be tied together in the ecosystem. Apple does hardware and software perfectly. They just need to do services better if they’re going to be the big dog in the future.

      2. How long has it been since GM has come up with a new product? They’re still making the car! How long since BP came up with a new product. They’re still just selling fuel!

      3. Are you loopy… Challenged by who???… What new computer, laptop, tablet or phone has a more complete ecosystem or better build. Most people NOT on these forums could care less about Apple putting out a new product on some “time line”… They are willing to wait until it’s done right…time line be damned… We like that it just works when we DO get it….

    2. You are right on the money Bizlaw. Agreed.
      The expectations are too high. That said, Cook has made major errors… though he still is the right CEO for now. Now, however, might be the beginning of his end – sad to say.

      Innovation comes by seeing opportunity, to envision and make real improvements… seeing potential in an array of technological advancements in all sectors of industry and putting together the puzzle – to offering a solution at a cost effective way – yet key to the solution is to inspire and ignite true passion to the masses – so the solution is quickly adopted.

      Yeah, Macintosh did this with the Graphic Interface and the point and click mouse to make computing for the rest of us – a useful – empowering experience. Windows came and played a better chess game, encompassing the supply and other makes with half of the solution a OS. iPod was the start of embedding Apples OS onto common devices. This system and hardware really was the birth of iOS almost a testing ground. The music industry and its business had a real shake up. Apple broaden its name and the name was a household topic. Both iTunes and iPod and the OS at the time were the ONE solution – Apple did not make the mp3 player universe — it improved on it and dented its universe. Apples third success was iPhone. This really included iPad. Both devices honestly are the same thing. iOS and beautiful hardware… that uses Muti-Touch interface (not a mouse) the use of gestures that no other company invested in on the patents and input. A glass innovation for touch. And miniaturization of technologies such as bluetooth and wifi beyond the laptop size. Apple brought webkit and disrupted the experiences of browsing and music to a Phone. Those same changes were applied to the larger real-estate with iPad. As we understand, Apple initially wanted to attack the NoteBook sector with iPad – yet decided iPhone was the better introductory offering. These are the same successes. Apples next big thing will come from Siri. Voice Assistance and embedding this technology into everyday uses. Like Television searching, Phone contacts and text input. Once Siri becomes embedded on a chip and doesn’t require constant connection to the internet… the VOICE UI will become the Fourth greatest step in computing. Apple too, makes the same claim. So actually we wait. Google thought sight and eye movement and augmented reality would be the next greatest thing… that and speech could be. We need to see what Apple does… the fourth stage is yet to come… it will take time.

    3. And with piss poor patent protection from the courts (so far, at least) Apple’s innovations are too quickly copied (viz. Google, Samsung). How about letting Apple protect their innovations — read: Intellectual Property — and let them enjoy the fruits of their labor instead of rewarding cheap copycats and then slamming Apple because they don’t innovate fast enough? Let’s get the story straight. Either Apple does not innovate and there is nothing for them to patent-protect that was not already obvious; or they do innovate, in which case let them protect their Intellectual Property and reap the commercial rewards. (And not be hounded by various pundits to innovate faster, either.) Can’t have it both ways.

  3. Incredible, just incredible. Invent a spaceship and land on mars ASAP. Wait , no, invent nano robots to inject and cure cancer tomorrow. Name one company in the world that innovates, not copies, in the world more than Apple.

    1. pow – kaboom – splat

      so so right – the aerospace industry NASA once was the top secretive innovating industry, using technologies from computer science, robotics, factory processes, etc… but now its Apple that leads as the most innovating company.

    1. haha thats a funny comment but so true,

      and even if the board is concerned, its usually not the board to provide insight into new innovations, they are not the think tank… yet if they are concerned on leadership and direction the board could as said – place pressures on Cook.

    2. PS Wasn’t it former board member Eric T. Mole who purloined Apple’s iPhone innovation for Samsung?
      Even if they do know what’s being innovated, the board ain’t gonna let on no more!

  4. Total BS. Check the source – Fox Business News.
    Apple got stung by the copycats when their patents didn’t protect them like they should. So they’ve gone back into secretive mode – but this time making sure their developments are better protected. The TV is in the works, the watch is in the works, use of liquid metal is in the works – and they’re only the things we know about. It was widely reported that Jobs left a five year pipeline of product development and he’s been gone how long? Not even two years.
    This is just total FUD from an arm of Faux News.

    1. Only a moron attacks the messenger.

      Apple’s BoD would be incompetent if they havent questioned Cook over his nearly year-long stretch of nothing but promises, betas, and “coming soons.”

      1. as said, Cook handled Maps, Siri and Samsung supply poorly.
        the mind blowing products in the pipeline LINE was a let down, iWatch too will be a disaster. iTV or AppleTV could spark new interests… yet SIRI seems to penetrating into the auto-industry and pressuring OnSTAR – this is a very exciting WORLD changing universe denting ARENA for Apple. Major money could be made and the way we all drive. People want to use their CELLPHONES while driving. SIRI and voice dictation and navigation could grow Apples STOCKS WAY UP. Lets hope so.

    2. Good point about the timelines! No wonder Tim Cook appears unruffled—Steve Jobs still lurks in the halls, in the labs, in the boardroom. The products that emerge will sell well despite piffle and cant from the Apple-is-toast crowd. Some of the offerings will change market dynamics. All of it will be unexpected because, lacking enough neurons to comprehend a too-subtle strategy, the pundits will once again be outwitted. They only crow in the absence of the giant’s shadow.

    3. I like what you said… positive and inspiring.

      And with a pipeline of innovative products still to arrive — this news from Fox — be it FUD or not — doesn’t mean Apple is dead. Nor does it say TIm will stay CEO.

      With your comment – it doesn’t matter who leads Apple, so long as the prime adjective and drive remains the spirit of Apple and its founder Steve Jobs.

  5. A whole new angle to slam apple. WE NEED A VIABLE LINK IN ORDER TO EVEN CONSIDER THIS >>> CRAP<<< AS A RELIABLE STORY. Why on earth would any board members disclose this info to a rag such as Fox Biz. UNLESS, your joined the ranks of the Samsung fabrication team.

      1. http://investing.businessweek.com/research/stocks/people/board.asp?ticker=AAPL

        Apple Inc
        (AAPL:Consolidated Issue Listed On NASDAQ Global Select )
        Last $461.01 USDChange Today -3.97 / -0.85%Volume 9.1MAAPL On Other Exchanges
        As of 8:10 PM 08/8/13 All times are local (Market data is delayed by at least 15 minutes).

        Insiders At Apple Inc (AAPL)
        Name (Connections) Board Relationships Title Type of Board Member Age
        Timothy Cook 19 Relationships Chief Executive Officer and Director — 52
        Other Board Members On Board*
        Name (Connections) Board Relationships Type of Board Member Primary Company Age
        Arthur Levinson Ph.D. 67 Relationships — Apple Inc. 63
        William Campbell 53 Relationships — Maveron LLC 72
        Andrea Jung 185 Relationships — Avon Products Inc. 54
        Ronald Sugar 57 Relationships — Huntington Ingalls Industries, Inc. 64
        Millard Drexler 136 Relationships — J. Crew Group, Inc. 68
        Albert Gore Jr. 59 Relationships — SIRIUS XM Radio Inc. 65
        Robert Iger 247 Relationships — The Walt Disney Company 62

        *Data is at least as current as the most recent Definitive Proxy.

      2. Announced 08/1/13
        Passif Semiconductor Corp
        Merger/Acquisition
        Apple Inc. (NasdaqGS:AAPL) acquired Passif Semiconductor Corp recently.

        AAPL’s price was unchanged after the transaction was announced on 08/1/13.
        Investor / Buyer
        Apple Inc.

        Announced 07/19/13
        Locationary Inc.
        Merger/Acquisition
        Apple Inc. (NasdaqGS:AAPL) acquired Locationary Inc. on July 19, 2013.

        AAPL’s price was unchanged after the transaction was announced on 07/19/13.
        Investor / Buyer
        Apple Inc.
        Creditor / Lender
        Extreme Venture Partners
        Genwealth Ventures LP
        MaRs Discovery District, Investment Arm
        Plazacorp Ventures
        The Investment Accelerator Fund, L.P.
        Trellis Capital Corporation

        Announced 07/19/13
        Hopstop.com, Inc.
        Merger/Acquisition
        Apple Inc. (NasdaqGS:AAPL) acquired Hopstop.com, Inc. from Rhodium and other sellers on July 19, 2013.

        AAPL’s price was unchanged after the transaction was announced on 07/19/13.
        Investor / Buyer
        Apple Inc.
        Creditor / Lender
        Rhodium

        Announced 03/24/13
        Wifislam, Inc.
        Merger/Acquisition
        Apple Inc. (NasdaqGS:AAPL) acquired Wifislam, Inc. from The Blackberry Partners Fund, L.P., fund of Relay Ventures, Don Dodge, Sky Dalton, Naval Ravikant and other shareholders on March 24, 2013.

        AAPL’s price was unchanged after the transaction was announced on 03/24/13.
        Investor / Buyer
        Apple Inc.
        Creditor / Lender
        Relay Ventures
        The Blackberry Partners Fund, L.P.

  6. These rumors are poison.

    Back in the bad times there was a rumor that “Sun is buying Apple!” We had all kinds of fun calling the soon-to-be-merged company Snapple, but of course it didn’t happen. What did happen is that Sun bought the building that had been Apple’s corporate address until 1 Infinite Loop came on line: 20525 Mariana Ave. Still, the history gives a guide to how incomplete but overheard conversations get turned into whatever agenda sounds fantastic.

    And, no, folks: the board is not fully apprised of what’s in development. If you didn’t learn the hard lesson of Mr. Google on Apple’s board providing a direct conduit to his own company, you can rest assured Apple did.

    1. Right, Jim. I’d expect all Apple followers to make that connection. The Board of Directors stands in relation to Apple operations as the Roman Senate stood in relation to Julius Caesar. There were 23 stab wounds, one fatal.

      Those who cannot remember the past are condemned to repeat it. — Santayana

      1. Caesar, being a military commander who commanded from the front on the field, would have had much experience fending off knife attacks from the barbarians he fought against, unarmed though he was. The bunch of dogs in the Roman senate hid their stabbing knives in the fold of their togas and one of the senators had to hold his arms back to restrain him as the first blows were delivered.

        Even so, Caesar defended himself admirably with his writing instrument, a pen used to scratch markings on a tablet, until the fateful blow was delivered by Marcus Junius Brutus, the adopted son of Caesar who thought he was delivering a blow for liberty. These tablets were made of malleable metal and could be reused again by beating the metal flat. Chalk of course had not been invented as a writing implement although it is argued that chalk and chalkboards were in use during Plato’s time. However, the Greek philosophers used the oral tradition to pass down knowledge to their students, and the writing tablets were mostly used to write Greek homilies during classes.

  7. Gasparino — what is he really saying here?

    Gasparino, “Is this guy up to this job? given that he is stepping into the large shoes of late founder and CEO Steve Jobs.”

    — Tim has been acting CEO for a good while now – Cook is not just stepping into Jobs shoes today.

    Munster then interprets, “I think it depends on what that means. If it means replacing the majority of Steve Jobs’s shoes, there’s nobody who’s going to do that. If it means getting Apple to a point where it has enough new products and excitement where it can grow several years out, and the stock can go up, if that’s the measure, he’s absolutely the right guy.”

    — The only sad part of this statement is Cook did grow Apple stock to a level not even imagined — however the fall of the stock is steady and just as quick as it rose — so considering this comparison and measure What does Munster and Gasparino REALLY mean exactly???

    THE ONLY QUESTION AT THE MOMENT IS – HOW RELIABLE IS Gasparino News… DID THE BOARD REALLY PLACE PRESSURE ON COOK?

  8. The journalist, social media have nothing to write about so they made up a juicy-rumors for entertainment. Bad people are every where. Those journalists needed to be fired.

    1. You should realise that the journalists would be rewarded, not fired, for writing stories that increased readership and thus profits, regardless of the truth. The ethical philosopher-boss no longer exists, alas. Never has, most like. Which is why political systems were forced to develop in the first place, to control such matters. Always, they themselves become irreversibly corrupt, and civilisation declines, until the next iteration in an endless game of humanity betting against itself and losing every time. Barkeep, another round, if you please.

  9. The 5 people watching the Faux Out of Business Channel were even less impressed than the 6 sleeping through CNBC. So Faux Bidness is where Gasparino went along with the rest of the off-casts from CNBC.

  10. …citing unnamed sources,” Tiernan Ray reports for Barron’s.

    I am willing to bet this is pure, MANIPULATIVE bullshit. I’m pointing at YOU Tieran Ray who reports for Barrons. You just had to jump on the Apple Bear Bullshit wagon and roll around in it. That stinks. 👿

    To Tim Cook:
    Carry on. We seasoned Apple fanatics know quite well the worth in the waiting for the worthy. That never changes. 😀

      1. If the board is actually concerned, let’s know about it. A thriving Apple is more important than any one CEO.

        But Apple Bear Bullshitting in August with NO verifiable source of information is just Apple Bear Bullshitting In August.

      1. You are a breath of kindness Hannah, after a tough day. Thank you. But as you know, I always admire your lovely skill with words, something I will never have. Mutual admiration society.

        I wish I was in top form all the time. Like a wolf, when I sniff a troll in the air I get distracted from being creative and insightful, instead becoming intent upon the hunt and the kill. That’s so male. 😉 I nabbed a tangle of trolls today over at dreary Ars Technica today. But would rather I’d just stayed away from that rat’s nest and found more joyful things to do.

    1. Actually, these stories cause/create clicks, the currency of the interwebs profit machine. And MDN participates in the secondary click market, while also causing clicks for the original story. Multiply the number of comments by the number of votes to measure the “click worth” of a story. Advertisers are smiling down on us.

  11. Apple has got to start advertising the iMac/Mac. I have a lab of iMacs at school and have had a number of parents come in to visit and are just amazed at what they see. They can not believe the simplicity and elegance of the iMac. They think it is just the display at first, but when I explain to them it is the entire computer they are shocked. The iPhone is a household name but the Mac is not. It needs to be made known that Apple makes the best computer and OS and not just the best cell phone. I think advertising the Mac and Mac OSX would allow the public to see Apple in a more inventive way and bring stock back up. If stock price matters? I know it does not matter to me. I have and always will buy Apple products over others always!

  12. Makes me wonder if Apple board of directors watch Apple keynotes. The ruckus will calm down this fall with new product releases, or when Tina Turner thwarts her energy resource farting pigs upon Fox news… whichever comes first.

  13. I was right all along, the “once” most innovative company in tech was being run into the ground by a NorCal pixie and SJ lacky!

    Tim Cook:

    * Has nothing in his pipeline, save his Life Partner’s johnson

    * Has the innovative skills of a chimpanzee in a Career Builder commericial

    * Is thankfully on his way out

    This is good news, but what will retirement for TC look like?

    How about strolling the streets of west Hollywood in tiger shorts : )

  14. The board will have known the approximate timeline for new products all along, if the gap between products seemed too big they would have said something long before now.

  15. Bullshit. Apple’s board should know more than anyone how Apple works. Anyone concerned about the “pace of innovation” (as if that’s objective measurement in the first place) should be kicked off the board.

  16. The story is bullshit. There’s no way a third-rate reporter has a source for any information about what Apple’s board of directors is doing or thinking.

    Nothing but click-bait.

    -jcr

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