Apple CEO Tim Cook Teases 'Great Innovation' in Product Pipeline on CNBC's Mad Money

[theluggage]

Apple pay couldn't be any easier (that chip thing on my credit card is a nightmare)

Ok, that may be a US thing - I know your businesses are making a meal of the change to chip'n'pin, which has been working nicely in the rest of the world since forever - and for small transactions, contactless is now taking off. Not sure I'd trust Touch ID as anything more than a 'convenient' alternative to not bothering with a lock code... (very conscious of the fact that my greasy fingerprints are all over my nice shiny phone, so they're hardly 'secret') - Apple Pay looks nice but not must-have & I don't want my credit card to ever run out of batteries.

Which wouldn't even be a problem if it weren't for exaggerated growth expectations

That's part of the problem, but the real problem is that all phone sales are going to tank now that phones are good enough so that people stop upgrading them every 18 months and realise that means they don't need to get their hardware on contract.

Also, when the iPhone was launched it was so far ahead of the competition* (even with the no-3G, AT&T only thing, which was only ever a bootstrap) that they had a couple of years to get the kinks out before Android became a credible competitor. There's a ton of credible competition to the Watch.

(* I once had a pre-iPhone Windows Mobile smartphone - it was awful)

 

[apolloa]

First half of the interview is on this webpage:

http://www.phonearena.com/news/Watc...-momentum-Customers-love-our-products_id80726

Personally I think Cook has totally mis-read the Chinese market, they are buying more of their home grown products which I think will increase and continue.

 

[skywalkerr69]

Tim isn't an innovator he's a money making machine. That's it.

 

[apolloa]

Also, when the iPhone was launched it was so far ahead of the competition* (even with the no-3G, AT&T only thing, which was only ever a bootstrap) that they had a couple of years to get the kinks out before Android became a credible competitor. There's a ton of credible competition to the Watch.

Apple's first iPhone was waaayyyy behind the competition here in the UK, we had smartphones with good cameras and 3G a plenty, video calling and internet browsing was within easy reach. The only thing Apple offered at the time was a different interface and glass screen, it didn't have an app store then despite their being one on the competition.

 

[Low country]

Tim isn't an innovator he's a money making machine. That's it.

And that my friends will catch up to you and bite you....Without innovation revenue declines as we are seeing firsthand

 

[newdeal]

yeah except we already know that the pipeline is 3 years long and people are worried about Apple this year, not 3 years from now

 

[nfl46]

Tim isn't an innovator he's a money making machine. That's it.

This pretty much sums it up.

 

[npmacuser5]

Only new to Apple's pipeline NOTHING new in the tech world.

Kind of what we are talking about here, Apple. Hard to find a product that Apple actually created. Now make better a different story.

 

[69650]

Gotta love the financially and market illiterate trolls on this forum. What he's saying is beyond true and you know it. There's a network effect, people. The first few iPods didn't sell like crazy at first. It took a few iterations. Same with the iPhone. Same with Macs and the Apple brand as a whole.

Apple is heavily investing in the next stage of technology and you guys are too stupid to even acknowledge it.

Everybody at and around Apple, from the executives and employees to business partners and long-term stock-holders will be making a wealth from this company; meanwhile you guys will be complaining about Apple on a forum with their devices. Good luck.

The only one who is wrong here is you. Apart from the Watch, every one of Apple's products are at the mature stage of their product lifecycle so you can't claim the "network effect" because that's been and gone.

What exactly is this "next stage of technology" Apple is supposed to be heavily investing in? The Electric Car already exists as does Virtual Reality headsets.

By the way, I don't count a new range of watch bands as "innovation".

As for your last comment - if you had bothered to do a little research you would have found out that far from investing for the long-term, Apple executives are selling their shares as fast as they're allowed. I've no doubt Apple will continue to make shed loads of money for the foreseeable future - just a lot less than they did previously as their YoY sales start to decline.

 

[jacobj]

I remember back in the day whenever I thought of Apple I thought "yeah man. They get it. They know how to do this **** right". Seeing Cook on here talking...only vibe I got was desperation to be seen as relevant. I don't know. I'm probably wrong. It's just weird how over time my opinion has evolved to be what it is now. Promises of future innovation isn't going to hold everyone over. At some point, it's all just talk. We've been through this before of him saying "great things in the pipeline" and then we got a useless keynote talking about simply a smaller iPad and iPhone and some new watch bands. Innovation? We're waiting

So TC has been in charge since 2010 (earlier if you include SJs absences). In that time we have nothing.

In the years 1997 to 2010 Steve gave us iMacs, iPods, iPhones and iPads. He also gave us iTunes music and responded to demand and gave us app stores. Along the line he switched to Intel brilliantly. Oh, and he was the CEO of Pixar. Regardless of what anyobe says about it being the work of others: the point is that he focused these organisations and led great innovation. That time has gone. As upsetting as that is, it goes to sow how brilliant the man was.

Perhaps it is unfair of us to compare Tim to him.

 

[DevNull0]

But keep in mind even the lowest end Mac is faster than the highest end Mac from 7 years ago or so. All apps run "good enough" on essentially any Mac.

I have the lowest end Macbook Pro from 5 years ago. It will run circles around the 2016 Macbook.

The top end Macbook Pro (not to mention the Mac Pro), from 7 years ago will run circles around most of the current lower end Macs.

And if you think all apps run "good enough" on essentially any Mac, you have to understand some people use their computers to do more than browse facebook. Of course, those people don't generally use macs anymore.

 

[mingravity]

Gotta love the financially and market illiterate trolls on this forum. What he's saying is beyond true and you know it. There's a network effect, people. The first few iPods didn't sell like crazy at first. It took a few iterations. Same with the iPhone. Same with Macs and the Apple brand as a whole.

Apple is heavily investing in the next stage of technology and you guys are too stupid to even acknowledge it.

Everybody at and around Apple, from the executives and employees to business partners and long-term stock-holders will be making a wealth from this company; meanwhile you guys will be complaining about Apple on a forum with their devices. Good luck.

Lol easy fanboy, we love apple to but are not chauvinist. Clearly apple is making lot of stupid moves in terms of so called their "innovation". Given APay and apple watch are new things and handy. But they are not "innovative". They removed ability to connect optical connector to apple TV, removed magsafe from 12" MBs, no USB 3.0 -- all this is complete nonsense. Rumor is they are gonna do away with headphone jack in iPhone (i know today they got a conflicting rumor) to make it thinner. This is not innovation. They are compromising on features to make their products thinner and better looking. Such a pain and hassle for consumer. My BOSE home theatre system (optical audio) cant work with new apple TV unless i get bluetooth system in place and then lose some audio Quality. If they do away with headphone jack then my beats headphones wont work till i get an adapter.

 

[ABC5S]

"I couldn't disagree more," said Cook when asked about the comment, attributing the perceived sales dip to an abnormally high upgrade rate in late 2014 and 2015 as people upgraded to the iPhone 6 and pointing towards growth opportunities in China and India. Cook went on to tease future advances in iPhone technology that will inspire people to buy new devices.He reiterated Apple's future plans later in the interview when questioned on whether Apple is still innovating. "We're fairly secretive," he said, "but I would tell you we're incredibly excited about things we're working on."

Ya, we are going to give the dummies the antenna on top of the phone this time, call it the iPhone Pro and they will buy in droves.

 

[American Hero]

Perhaps it is unfair of us to compare Tim to him.

It is certainly fair to compare Tim Cook to Steve Jobs.

Only uneducated people think a supply chain manager is the best choice for CEO of a technology company.

 

[AppleorSamsung]

#PIPELINEGATE

 

[kis]

After reading a lot of posts in this thread, I really think Apple is screwed. Not because they aren't making good products anymore. It's because the cult Jobs managed to keep alive has crumbled to pieces and the reality distortion field has forever faded away. People don't believe in the company anymore - not even the formerly most loyal of fans. I know this is drastic, but I think it's time for Cook to warp it up and make space for someone with more vigour and enthusiasm. And perhaps it'd also be time for Ive to leave.

 

[J. Jizzle]

That's a pretty bold statement, Mr. Cook. I still love Apple products, but for me it's the lack of innovation over the years that has pushed me away from having everything connected in the "Apple ecosystem". I no longer use a Mac or an iPhone. I have no hard feelings towards Apple as a company, other companies seem to be faster at innovating now-a-days than Apple. Innovation is what makes me want a product.

 

[theluggage]

Apple's first iPhone was waaayyyy behind the competition here in the UK, we had smartphones with good cameras and 3G a plenty, video calling and internet browsing was within easy reach.

The 3G thing and the late launch of the iPhone in the UK is our punishment for having a half-decent mobile network based on a common standard that allows free movement of phones between carriers, plus regulations to cut out some of the nonsense that US carriers get away with. Going with AT&T and non-3G for version 1 was a defensible choice in the omnishambles that is the US mobile phone market.

The only thing Apple offered at the time was a different interface and glass screen

The only thing Apple offered at the time was a usable interface designed to work well on a touchscreen. I did have a smartphone at the time: it had a slide-out keyboard, a joypad, a jog wheel, a (horrible resistive) touch screen with a of silly toothpick stylus that you needed to operate the tiny on-screen keys & widgets... and apps that were optimised for precisely none of those input methods. If a website didn't have a mobile-friendly version, forget it. The iPhone decided that it was going to be touch-only and ensure that every application was going to be designed from the ground up for touch use & could have a good college try at accessing full-size web pages.

I never got an iPhone (price vs. the extent to which I actually used a phone) - but I had an iPod Touch so I knew what the interface was like & waited until an Android came along that came close: the HTC Hero (http://www.techradar.com/reviews/phones/mobile-phones/htc-hero-617981/review/13) about 2 years down the line from the (US) iPhone launch - and that only came close - iOS was still slicker, better designed, more consistent and the HTC Hero hardware didn't have the power to deliver on Androids 'advantages' such as true multi-tasking (an app killer was necessary). I'd say ~2012 (when I switched to a Galaxy Note II) was about the point where Android actually started to score points over iPhone in the higher-end market.

 

[shk718]

And that my friends will catch up to you and bite you....Without innovation revenue declines as we are seeing firsthand

Tim isn't an innovator he's a money making machine. That's it.

Tim is the business/logistical/supply side, Jonny and team's are the innovators. What's your point?
[doublepost=1462293771][/doublepost]

Only new to Apple's pipeline NOTHING new in the tech world.

You clearly don't know Apple as a company and what they do. The iPod, iPhone, iTunes, weren't as you say "new in the tech world". So what's your point?

 

[RedOrchestra]

So what's your point?

I know Tim, you hate answering direct questions ... more to the point ... what's your point?

 

[Oldfash33]

The state of current Mac offerings is pretty dire. The 5K iMac is probably the only machine I could recommend without hesitation for purchase today. (MBP: using 2-year-old processors/GPUs; MBA: using one-year-old CPUs and 5 year old screens; MacBook: way overpriced with no ports and a terrible keyboard; 4K iMac starting at $1500 with iGPU and 5400 rpm HD; Mac mini and Mac Pro: laughably outdated internals)

True but I really love the keyboard on the MacBook, and I mean love it.

 

[TurboPGT!]

Gotta love the financially and market illiterate trolls on this forum. What he's saying is beyond true and you know it..

Why you gotta talk down about 99.999% of people with accounts on this forum?

 

[Oldfash33]

Maybe when Apple can "innovate" it's way out of the year 2011 and finally move to a 32GB base model, I just might buy another iPhone. Doubtful though.

I was an Apple fanboy since the first iPhone in 2007, but these days I must admit the flagship Android phones simply crush the iPhone in nearly every way. And they don't try to nickle and dime you nearly as badly as Apple does.

What Android phone are you currently using
[doublepost=1462294966][/doublepost]

TBH by the way I see it its not convincing me the enough in buying new apple products with the current focus that this enterprise is currently having

What company out there is convincing you to buy new products?

 

[SusanK]

[QUOTE="SAdProZ]
What facts? You barely wrote a supported opinion.
[/QUOTE]

AAPL has *grown* to $93.64 today from $132.79 5/22/2015.

I posted closing prices. Nothing to opine.

 

[leroypants]

Gotta love the financially and market illiterate trolls on this forum. What he's saying is beyond true and you know it. There's a network effect, people. The first few iPods didn't sell like crazy at first. It took a few iterations. Same with the iPhone. Same with Macs and the Apple brand as a whole.

Apple is heavily investing in the next stage of technology and you guys are too stupid to even acknowledge it.

Everybody at and around Apple, from the executives and employees to business partners and long-term stock-holders will be making a wealth from this company; meanwhile you guys will be complaining about Apple on a forum with their devices. Good luck.

I can't tell if your trolling and making fun of the kook aid drinking zealots or if you are one.