“Google has stolen all of Apple’s thunder and Apple needs to try and reclaim some of it,” Paul R. La Monica writes for CNNMoney.
“During the past few years, Google (GOOG) has become the most innovative company in the tech industry. It has used its cash to buy extremely interesting startups. The $3.2 billion deal for connected home/Internet of Things (we need a better buzz phrase) hardware company Nest on Monday is just the latest example,” La Monica writes. “Google bought mapping company Waze last year for nearly $1 billion. That could have been a smart deal for Apple (AAPL), given how maligned its map apps are. (To be fair, Apple has also announced several map-related deals in the past year. But none were as splashy as Waze.) And last month, Google announced a flurry of acquisitions in robotics, most notably the purchase of military robot maker Boston Dynamics.”
La Monica writes, “What has Apple done in the past few years? Since Steve Jobs passed away in 2011, the spirit of innovation seems to be gone. Apple has mainly been getting by on product updates that are not all that exciting. Ooh. A smaller iPad! A bigger iPhone! iYawn!”
Read more in the full article here.
MacDailyNews Take: Oh, so now acquisitions are “innovation?”
The world’s first 64-bit smartphone and tablets. So unexciting. Apple’s iPhone reaping 87.4% of mobile phone profits. Such an underdog.
Hey, Paulie, you desperate hit-whore, by your “logic,” FOX News must fight back against CNN.
As for new product categories in new markets:
• 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, 5 months, and 22 days.