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Apple shows its 'massive battleship' is getting tougher to move
(www.marketwatch.com)
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this post was submitted on 04 Nov 2023
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I think this could have been smelled in the water for a long while. Tim Cook was trusted to steer the rudder but his specialty is supply chain management, and I don’t think anyone can say he’s done a bad job.
But. On the R&D side I don’t think people could say he’s done a great job.
The ideas have dried up. When you go “safe” at CEO you make money, but you limit your ceiling, which, once again, with Apple is already breaking the mold.
Consumer electronics is saturated. There is little to no breakthrough there anymore.
Evolution is outside that, but outside that might not be in Tim Cook or Apple’s executive suite’s realm anymore.
Tim Cook is the perfect captain to keep the ship on a steady course and not rock the boat, but I'm not convinced he is an innovator. I sometimes wonder if Jobs selected Cook as his successor, because Jobs expected to overcome his health problems and return, and wanted Apple in safe pair of hands during his cancer battle.
That said, Apple only appears to be "failing" from the angle of the stock markets obsession with infinite growth. They are still an enormous company with high brand strength and large cash reserves.
Tim Cook will announce his retirement within 5 years. He kicked out the Vision Pro before it was ready so that he would leave a legacy device people would associate with him. He'll wait for 3 or 4 iterations then walk.