“After what many consider Apple Inc.’s disappointing introduction of two new iPhones, the 5C and 5S, investors and consumers alike are wondering if innovation is truly stalled without the late co-founder Steve Jobs at the helm,” Therese Poletti writes for MarketWatch.
“Apple CEO Tim Cook has been second-guessed ever since he took the helm from Jobs, but those critics have become much louder as the two-year anniversary of Jobs’s death creeps near, on Oct. 5,” Poletti writes. “Jobs is believed to have left Apple with a pipeline of product plans and new ideas, but the longer we get from his passing, and the longer it takes for those products to come out, the more investors may question their existence. In addition, those products, when they are launched, will be traced entirely to Cook and the existing management team.”
Poletti writes, “And it leaves Cook in the unfortunate position of being permanently compared to the last boss, who may have simply exited the scene with exquisite timing — with the company at the top of its game. ‘It has slowed down,’ said Laurence Balter, chief market strategist at Oracle Investment Research, when asked about innovation at Apple.”
MacDailyNews Take: It has?
iPhone was released 5 years, 7 months, and 19 days after iPod.
iPad was released 2 years, 9 months, and 5 days after iPhone.
Tim Cook has been Apple CEO for 2 years and 24 days.
“Jobs may have died tragically die at the apex of his career, to be idolized by many after his death. The same can be said for movie stars and musicians who die in their youth or retire at the top of their careers, or like comedian Jerry Seinfeld, who ended his popular sitcom ‘Seinfeld’ while it was on top, leaving that show’s cast with the problem of spending their remaining careers trying to catch lightning in a bottle – again,” Poletti writes. “Tim Cook has his work cut out for him.
Read more in the full article here.
MacDailyNews Take: We’ve been doing this for quite some time now. Every time Steve Jobs unveiled new products, the naysayers made themselves look like idiots, too.
We understand what we just saw last week. Innovation is safe and sound at Apple under CEO Tim Cook.