Absolutely agree...For how long does he hope to sell this speech about innovation, and all they do is recycle old ideas, without an original thought in the last five years
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Apple CEO Tim Cook Teases 'Great Innovation' in Product Pipeline on CNBC's Mad Money
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Absolutely agree...For how long does he hope to sell this speech about innovation, and all they do is recycle old ideas, without an original thought in the last five years
Damage Control....
New innovation, they'll launch a Yellow Gold iPhone!
And he's telling some porky's as analysts have stated I believe with facts China's home phone makers are doing much better then Apple there.
He doesn't exactly fill you with confidence does he, mentioning the Apple watch and the iPhone, that's nice, what about your other products or have they literally actually scrapped them now?
New innovation, they'll launch a Yellow Gold iPhone!
And he's telling some porky's as analysts have stated I believe with facts China's home phone makers are doing much better then Apple there.
He doesn't exactly fill you with confidence does he, mentioning the Apple watch and the iPhone, that's nice, what about your other products or have they literally actually scrapped them now?
"...We are going to give you things you can't live without that you just don't know you need today."
Out of my way, I'm going to throw.
Out of my way, I'm going to throw.
Under promise and over deliver is what Apple once did. But no longer...
Unless they can figure out how to fold it in half then I'm pretty happy with the design.
If I had a choice I'd prefer it be significantly thicker!
Give me bigger/better battery life, a better zoom lens, a better flash and iPad Pro speakers in the extra space and I'd be ecstatic!
Which I know I'm never going to see...
Gary
Man, you guys sound like a bunch of spoiled entitled brats. So much hate. I'm looking forward to the day I don't have to enter passwords anymore because of Touch ID. Love the convenience of Apple Pay - REALLY looking forward to when (not if) they implement peer-to-peer payments. The camera on my iPhone 6 is so good and convenient, I doubt I will ever buy a point and shoot ever again. I will definitely never buy a GPS again. It's replaced all my portable gaming machines. I use it as a portable recording studio when I want to record a few ideas. The ways you can use the iPhone keep expanding with each new generation they come out with. Just because it comes in a similar looking form factor doesn't mean it doesn't radically change the way you do things.
TC is dead on when he said all of the "great products" they have made were never considered great when they first came out. It took years of cultivating and refining them. Even the iPhone was widely panned by all the media and online Apple haters when it first came out.
TC is dead on when he said all of the "great products" they have made were never considered great when they first came out. It took years of cultivating and refining them. Even the iPhone was widely panned by all the media and online Apple haters when it first came out.
Shocking, the CEO of a company doesn't think their best days are behind them and is excited about their future product offerings.
Why is nobody asking him questions like why is Apple so cheap by still selling 16 Gig iPhones? Or how bout them new Macs?
Only 3 years left until we celebrate the 16 GB basemodel's 10th anniversary.
I'm not quite sure if Tim actually knows what a so called 'Mac' is.
~70% of revenue comes from iPhone. Apple Watch is possibly the next iPhone. Stock Holders care about growth. Talking about growing Apple from laptop sales would make no sense.
You're looking at short-horizon "investors". On the other hand, the stock has underperformed based on its numbers. That's usually from a lack of confidence. Say what you want, but the short term situation appears, outwardly, much slower than any time in the last 10 years. People want innovation so more investors are willing to "bet on Apple" again. Right now, it's just a profit machine like a Utility. It's shocking, but it's also what MSFT went through 5 years ago.
Whilst nice, I hardly call using touch ID instead of passwords as innovation, especially when Samsung for instance let you use the fingerprint scanner to replace passwords on websites or paypal right now, not in the future.
So it's more you are looking forward to Apple catching up, I agree TouchID is very good, but don't think Apple is innovative these day's.
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Yeap, 70% from the one product that has lost a fifth of it's sales in the last reported quarter, and is predicted to continue losing sales for the next, those shares will be dropping if Apple is going to be a two trick Pony only and the big pony is losing sales, and the Apple Watch will NEVER be as successful as the iPhone.
I'm glad you support Apple ignoring it's computer line, many many many many of it's customers would prefer it not to, so they will just jump ship and then ask why do I need an iPhone with no Mac for the ecosystem?
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It's OK Tim, it's just the Internet.
He's not just Tim Cook. He's incredibly confidently Tim Cook. He's excited about just how Tim Cook he is. He can't explain why yet, but one day we'll all be saying 'well of course he is Tim Cook, how did we never realise just how Tim Cook he was all along!'.
It's a very long pipeline.
Exactly. To put my spin or version of that*:
There are two kind of investors: short term and long term.
Short term want to
- Buy stock when its undervalued and in low-confidence...
- Apple to release a new product (like right now!) and hype the stock up so they can...
- Sell the stock having made some short term cash.
Long term want to
- Buy stock when the company was undervalued and had low market share
- Apple to invest in new product categories and steadily grow market share in each product category
- To never sell the stock, just have it be worth more and more and more. Only sell if necessary
*I don't know much about investing but hope to learn more.
Your statement of recycling old ideas and no "original thought in the last five years" would apply if today was May 2, 2006
First iPod was released Oct. 23, 2001. Apple kept recycling that "old idea" for 5 years and 8 months until we got the iPhone on June 29, 2007.
I'd give Apple another 1-2 years. If nothing new and innovative comes out by then, then I'd agree that they've likely run out of great product ideas.
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Talk is cheap! Especially Apple needs to deliver big time on innovation, I'm hearing now for the last couple of years "this year will be amazing" and I have not been impressed for some time and watching the last keynote I was even heavily disappointed!
Apple has become complacent and at some point in the last 2 years become arrogant and lost its extreme product focus...
By the way, Jim Cramer is just an Apple cheerleader and watching this interview is just painful. He is not asking the truly important questions that have economic relevance. One of the question should be, "Has the iphone (smartphone products in general) grown away from "Star" product (= high demand & high margins) to a "Cash cow" product (=high demand & lower margins)?"
Apple has become complacent and at some point in the last 2 years become arrogant and lost its extreme product focus...
By the way, Jim Cramer is just an Apple cheerleader and watching this interview is just painful. He is not asking the truly important questions that have economic relevance. One of the question should be, "Has the iphone (smartphone products in general) grown away from "Star" product (= high demand & high margins) to a "Cash cow" product (=high demand & lower margins)?"
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)
[doublepost=1462233269][/doublepost]"You'll have to pry this from my cold dead hands" ...People said the same thing about Blackberry.
Apple CEO Tim Cook today sat down with CNBC Mad Money host Jim Cramer, where he discussed his thoughts on innovation, the future of the iPhone and the Apple Watch, the growth of Apple services, Apple's performance in China, and more.
Last week, Apple reported its first year-over-year revenue decline since 2003, announcing $10.5 billion in profit on $50.6 billion in revenue. Apple also saw its first ever decline in year-over-year iPhone sales, leading one Wall Street analyst to claim Apple's best days are behind it.
"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."
Cook also commented on Apple acquisitions. "We've acquired a lot of companies. We generally acquire a company every three to four weeks on average," he said. "We're always looking," he added on the topic of potential major acquisitions.
On the Apple Watch, Cook didn't give many hints about what's coming in the future, but he said he believes it will be seen differently in retrospect, much like the iPod. "You'll see the Apple Watch getting better and better," he told Cramer. "We're still in learning mode."
Cook also addressed concerns about China, which led billionaire Carl Icahn to sell his full stake in Apple earlier this year. Apple's sales fell 26 percent in Greater China in the second quarter of 2016, and recently, Apple was forced to take down the iTunes Movies and iBooks stores in China on concerns from Chinese officials that believe Apple is "too deeply established" in core industries in the company.
"I could not be more optimistic about China," he said. According to Cook, the Android-to-iPhone switch rate has been "huge" in China, up 40 percent in the first half of 2016 compared to the first half of 2016. He says Apple is working with Chinese regulatory authorities to get its iTunes Movies and iBooks services back online in the country. "We're pretty confident and optimistic that we'll be back online and offering those to our Chinese customers soon."
Cook also spoke at length on the dip in Apple stock, the company's quarterly performance and predictions for next quarter, smartphone penetration in China and India, and Apple's customer loyalty and potential for growth in services.
Cook's segment aired on Mad Money on CNBC at 6:00 p.m. Eastern Time. Part one and part two of the full episode are now available on the CNBC website and are embedded above.
Article Link: Apple CEO Tim Cook Teases 'Great Innovation' in Product Pipeline on CNBC's Mad Money
Honestly, I'm getting tired of this. "Innovation" to me isn't Watch bands and thinner phones. There are people dying to shell out money for new, improved Macs, yet all Apple has done is make a slightly faster pink MacBook. Apple really needs to step up their game and not just be playing catch-up, and the iPhone 7 sounds like it won't be much of an upgrade (at least from the leaks we've seen). If Tim Cook can't innovate, he needs to step down.
What he said.
Except I don't usually try to convince people of my point of view by calling them stupid.