When a business gets too big, the decision to buy even a box of paper clips takes many levels of management to review the request to see if it is necessary and are there alternatives, then they post a request for bids, then review the bids, and then check in with finance to allocate the funds. A purchase order is then generated and the box comes in two weeks later. Since this process took about a month, the need for the paper clips expired since the project was cancelled and so more wasted funds. Thinking of Apple car project.
Since the rudder fell off and no one noticed and the Captain has not issued any orders to change course. the sudden appearance of the water fall dead ahead means it is time to abandon ship while there is still a chance to survive. How many top AI folks just left Apple?
Why is the BoD not kicking backsides and taking names to get rid of the dead wood at top management? The upper crust is stale. Doing the same thing over and over again expecting different results is defined as insanity.
The last "newest" device, the "Googles", is a total sales flop with not enough receipts to cover even the R&D costs. AI has been on the horizon for a very long time and those that could see that altered course as it was apparent effort in that field of work was to become increasingly more important.
Multiple vendors other than Apple have had folding devices for many years. MAYBE Apple will have one in 2026, but that ship's sailed and Apple is possibly showing up as an "also ran" and not in the top winners.
Steve's dream of complete vertical integration has been accomplished by TSMC making the "A" and "M" chips so Apple has total control of the time table for the CPU components to make their products so there is no excuse that innovation and new products should lag behind another's efforts.
The management team needs a second in command that really runs the ship and fires those not fired with enthusiasm. Create a little concern that your job performance is on the line EVERY day and next Friday could be your last day and perhaps Apple can speed things up. With this many employees, there are "go getters" and those who're "just along for the ride".
Tim as CEO is responsible for the many issues Apple is facing. Perhaps spend less time joy riding around the globe on the corporate jet and more time in the office overseeing the daily operations would get the ball rolling in the desired direction. Tim should also re-read the definition of truthfulness and integrity and see where he may be falling short of those ideals.
Apple could survive but needs to reconsider the course they are on and the route they are taking.