Well, what this Fox news guy Charlie Gasparino says is anything but short sighted stock holder value bs. He praises, that quaterly earning results put pressure on CEOs to perform and deliver and if not, then they get replaced by another CEO, who is willing to play the quaterly earnings game?
Certainly innovation does not work like that, because innovation doesn't care about quaterly results. If a new product is not ready for the market yet, because it doesn't meet the utmost standard yet, then there is not much use to throw it on the market just to silence the stock exchange goof balls. Certainly Apple would never dare to brake their rules of superior design, functionality, ease of use and quality just for the sake of bringing a new product to the market.
Apple has tons of money in the bank, they make tons of profit every quarter, they have a great margin, but all that is not enogh for wall street. There is only so much revolutionizing you can do in certain branches and the rest will be up to the evolution process.
If you look at the car industry, how many major revolutions did they go through over the last 100+ years? Carl Benz came up with the innovation of the first car, that at those times was merely a slow, loud and stinking vehicle powered by an engine that burned fuel. Back then, people were very sceptical of this driving machine, but it would eventually break through. Today cars are still loud, pollute the environment and mankind had over 100 years to come up with another car revolution, that never took place! It all was evolution since then and it was mighty slow, because we haven't even made the next big evolutionary step to drive electric cars. It all ain't that easy after all to truly innovate and will certainly not happen in quarterly cycles.