That's my point
As for the time span being short and give Cook some time, well he's been promising new products, such as last year and nothing. Additionally the rumor of the iWatch and iTV (or what ever they'll be called) have been rampant. Apple has not been able to roll out a smart watch and that delay is allowing their competitors a leg up.
Apple also spends a lot less in R&D then MS, Google and Samsung, so its hard to innovate at the same level when you spend less.
Just my $.02. I'm not hating Apple but rather, I hate to see them seemingly lose their fire and tenacity under Cook.
1. Cook did not promise new products in 2013. He promised hardware, software and services in late 2013 and in 2014. Gruber has discussed this.
2. Apple has not rolled out a smart watch. That's much different than saying that it "hasn't been able to roll out a smart watch." Samsung rolled one out to total yawns because it was such a piece of junk. Others have introduced smart watches, but they haven't had any success either. No competitor has has gotten a "leg up" because of Apple's schedule. In fact, if and when it introduces a smart watch, Apple will be raising a leg on its "competition". Apple didn't have the first MP3 player, but when introduced, it owned the market.
3. It is well established that there is little correlation between R&D spending and innovation. Aside from the obvious example of msft, Dediu has explored this misconception:
http://www.asymco.com/2012/01/30/yo...edium=feed&utm_campaign=Feed:+Asymco+(asymco)
4. Obviously, Cook doesn't have the dynamic personality of Jobs, but there is absolutely nothing to indicate that Apple is losing its "fire and tenacity" under Cook. His reputation is one of strength and quiet resolve and that certainly was Jobs' assessment of Cook. A CEO running around the stage like an over-caffeinated gorilla didn't work out that well for mr. softy.