Apple's dividends are a strategic mistake
Maybe, but I was only disputing the claim that buying the index would have been better than buying Apple.
Whether dividends were a mistake or not, is pure speculation, and I have no reason to think your speculation is better than Cook's or many strategists who say otherwise.
- Jobs would have never given money back to the shareholders. He would have executed on who knows whatever vision he might have had for future products.
True, he didn't like dividends, but he didn't walk on water either. It's not as if there has been a shortage of capital to execute on visions. If there's a shortage of vision, then they may as well give the money back to shareholders.
Cook's been skating by on Jobs' original ideas - just because Jobs died doesn't mean his vision didn't extend for a couple years after his death. His vision and influence are fading, only now, five years after his death.
True, and I admitted there was momentum when Cook took over. At the same time, the phone market was still growing then, and would have saturated with or without Jobs at the helm. The globe is finite after all.
The watch is a flop. Apple's competitors have caught up.
The watch is far from a flop. It may end up a flop, but so far it has earned a profit for Apple, and if it continues on its current alleged trajectory, it will be a success.
Apple's phone competitors caught up before Jobs died, but still Apple made all the profit.
Cook's tenure has been an absolute strategic failure which will manifest in Apple's continued decline until new leadership is brought in (and probably for the first few years under the new leadership as well)
That's nonsense. We have no way of knowing how Apple would have done during the saturating phone market and with the introduction of the watch if Jobs had lived. One presumes better, but considering Apple has doubled in size, and become the world's biggest tech company, and makes essentially all the profit in phones and most of it in laptops, calling it a failure is just silly.
Look, no one denies Jobs' genius, and no one is saying Cook is as good as Jobs. Maybe Jobs would have had another vision along the lines of the iPod or iPhone, but maybe not. Maybe he would have found the secret to making the watch a bigger and faster success, but maybe not. His hobby with the TV was no great success.
Everyone knew that Apple's growth rate at its peak was not sustainable, or they would have become the only company in the world.
And the alternative to Cook was not Jobs. Jobs died. So, if it hadn't been Cook, it would have been someone else who was not Jobs, and chances are he would have his critics too, who would claim he was an absolute failure in comparison to Jobs' great years.
And if there's another Jobs out there now who could've done so much better than Cook, then where are his great new visions? The other companies are all still basically copying Apple, and making way less money doing it.
To me, Cook is a bird in the hand. I think the current executives at Apple work pretty well together, and any one of them would have probably led the company in a similar way, which was a far safer way than if they had brought in new blood. And if you're gonna recommend new visionary blood, then you have to give a name. Elon Musk? Or who? I can't think of anyone alive like Steve Jobs.