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Apple's Cook being pushed to innovate by board of directors, FOX report says

post #1 of 161
Thread Starter 
The Apple Board of Directors has concerns about the company's recent lack of innovation, says FOX Business Network, and is reportedly leaning on chief executive Tim Cook to rectify the situation.

Gasparino


Citing to reliable sources, FBN senior correspondent Charlie Gasparino reports Apple's board is "deeply concerned" that a perceived dry period of unique products could hurt the company, and is applying pressure on Cook to innovate at a faster pace.

"What have they had lately? They have had the iPad, they've had a few other things, but they don't have anything innovating from what came from Steve Jobs," Gasparino said. "And that concern is basically manifesting into pressure on Tim Cook to basically innovate - do something fast."

While the Cupertino, Calif., company continues to unveil product refreshes at a regular pace, its last "innovative" device launch was the iPad mini in October of 2012.

Gasparino was quick to point out that Cook is not in danger of losing his job, but at the same time cautioned board room-level tensions sometimes lead to an executive leadership shakeup.

The FBN report seems somewhat premature considering Apple's usual release schedule, which saw the first iPod unveiled in 2001, the iPhone in 2007, the iPad in 2010 and the iPad mini in 2012. In the Mac space, Apple's MacBook Air debuted in 2008, while the Retina display MacBook Pro hit the market in 2012.

As for what Apple has in the pipeline, rumors are rampant as usual. In the near term, many expect a next-generation "iPhone 5" with an integrated fingerprint sensor and a low-cost "iPhone Lite" handset to debut as early as September. Some also see a next-generation iPad mini with Retina display and fifth-generation iPad to hit shelves this year.

In addition, the company showed off a much anticipated Mac Pro, with a radically redesigned case and cutting edge internals. Apple has yet to announce a timeline for the computer's release.

Future prospects include a new cable service-connected Apple TV product and a wearable computing device dubbed the "iWatch," both of which may see release in 2014.
post #2 of 161
Butt-the-eff-out. I call BS.
You talkin' to me?
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You talkin' to me?
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post #3 of 161
I don't think the board would talk to anyone on Apple matters outside of board meetings.
I’d rather have a better product than a better price.
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I’d rather have a better product than a better price.
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post #4 of 161

Who pays any attention to FOX Biz News?  I don't even check the box on my D* DVR Guide to have it listed.

post #5 of 161
What a bunch of moronic statements. "Pace of innovation"? As if you can "innovate" on a fucking schedule. As is the comparison of the "pace" compared to the time of Steve Jobs. The iPhone and iPad were years in the works.

Arguably, the "pace" has done nothing but increase in the past couple years, with Apple's entire lineup being revamped, many products drastically. We're not gonna see anything as "holy shit" as the iPhone anytime soon, and besides a phone and a tablet, another mainstream form-factor does not really exist. It's not like you can keep coming up with brand new products, that make sense, and have mainstream appeal, in a linear fashion. The most important thing Apple can do at this point is make sure their software, ecosystem, and hardware remain best in class.

I hope this board doesn't want the Samsung "throw the kitchen sink into products, no matter how half-assed the implementation" strategy, and call that "innovation". But I think they're smarter than that, and these rumors are pretty much bullshit.
post #6 of 161
Apple is making money hand over fist. It's the most valuable company in the World. I have suspicions about this "FOX report" because it makes the board members sound completely asinine. Like Veruca Salt in Willy Wonka's factory, who can't get enough. But we know the Apple Board is not asinine, and so I think FBN's "reliable correspondent" is not so reliable.
post #7 of 161

Oh for ****’s sake—here we go again…

post #8 of 161
It would be nice if people questioned stuff more (whether its positive or negative). First thing I thought of when I read this is, who is this guy and what is his (or Fox Business) track record when it comes to reporting on Apple or tech in general? But instead of questioning sources these days websites trip over each other to be the first to report something that will generate page views. Sigh.
post #9 of 161

Here in Brazil we call it "Brown Press"!

I don't know if it translates well, but I'm pretty sure the meaning goes right through!

post #10 of 161
The Board has complete confidence in Apple's time line. This is BS.
post #11 of 161
Quote:
Originally Posted by PhilBoogie View Post

I don't think the board would talk to anyone on Apple matters outside of board meetings.
In most of the directory boards is at least one a$$ who has the tendency to empty his bowels, if there happens to be an opportunity.
So far Tim Cook does just fine.(IMHO)
An besides Apple under SJ rearly hurried to bring new stuff on the market.
post #12 of 161
FUD. I'll believe it when I hear it from Authur Levinson, not from the likes of Neal Cavuto or Jim Cramer.

"Apple should pull the plug on the iPhone."

John C. Dvorak, 2007
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"Apple should pull the plug on the iPhone."

John C. Dvorak, 2007
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post #13 of 161
It was actually the Samsung Board of Directors that have been pressuring Tim to innovate.

They desperately need their next new, 'innovative' idea, as you can only make a phone screen so big before it becomes a failing tablet...

1wink.gif
There's nothing your wife/girlfriend/partner wouldn't like more than a 6 Plus...
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There's nothing your wife/girlfriend/partner wouldn't like more than a 6 Plus...
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post #14 of 161
Total BS... FOX needs to boost ratings. They never report real news... this is no different.
Edited by Bcgersh - 8/8/13 at 3:58pm
post #15 of 161

Gasparino is not blonde; so he doesn't have any credibility on Fox. 

post #16 of 161
"What have they had lately? " Who is this guy? In hardware there is the new Mac Pro. iOS 7 & OSX mavericks has caught vast attention. Each new beta-releasing news spreads like never before. And they said "What have they had lately? "
post #17 of 161
The board has access to Apple's future pipeline (gives Eric Schmidt evil stare). They know what's coming. This FOX News pundit doesn't.

"Apple should pull the plug on the iPhone."

John C. Dvorak, 2007
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"Apple should pull the plug on the iPhone."

John C. Dvorak, 2007
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post #18 of 161
B.S.
post #19 of 161
FYI Apple investors... this is the same guy that CLAIMED to be a Pulitzer Nominee in his bio and then had to drop the "nominee" part of his bio after being outed as being Full of Sh*t.

http://www.nbcnews.com/business/also-not-pulitzer-prize-nominee-charles-gasparino-fox-business-848286
Edited by Bcgersh - 8/8/13 at 3:58pm
post #20 of 161

Yeop I dont buy this story either.

Does apple have a innovation suggestions place ?


I have a bunch of ideas to tip them on :D

post #21 of 161
No worries TC is "laser focused on exciting new products". Looking forward to the day when it's fun to go back into the Apple store
post #22 of 161

I think the board of directors at any company are always concerned about a lot of things. What they are concerned about are usually anyone's guess. 

post #23 of 161

I have missed having something exciting to check out at Apple stores this summer.

post #24 of 161
I think what drives these pundits crazy is that fact that Apple is one of the most respected and admired brands in the world, but have the restraint to only focus on a few core products.

If Wall Street had their way Apple would be milking it's brand for all it is worth, slapping their logo on anything with a chip in it - or as they see it; innovation!

I am personally glad that Tim Cook is showing patience and not rushing out a bunch of crap just to satisfy the analysts.
post #25 of 161
Quote:
Originally Posted by Bcgersh View Post

FYI Apple investors... this is the same guy that CLAIMED to be a Pulitzer Nominee in his bio and then had to drop the "nominee" part of his bio after being outed as being Full of Sh*t.

http://www.nbcnews.com/business/also-not-pulitzer-prize-nominee-charles-gasparino-fox-business-848286

 

Holy cow, that guy has no credibility. His career as a reporter is dead !

 

He better start innovating better now to keep his job !

 

Strike One on this Apple related BS !

post #26 of 161
Fox is notorious for misrepresentation and outright lying. Believing anything they say, or reporting on it without making their repeated deceptions clear, places your credibility in jeopardy. I would point out that FOX fought for and won the right to lie in the case of TAMPA, INC. [legal name of a FOX subsidiary], versus JANE AKRE Case No. 2D01-529.
post #27 of 161
I know it's probably too much to ask, but why can't a company sitting on $145 billion spend a bit more on R&D than say most other companies on the entire planet. All Apple needs to do is focus on just a couple of technologies. Apple is already working on processors which is great but it really needs to sink more money into battery technology because mobile devices depend so heavily on batteries.

If Apple were to develop the tech for batteries that lasted just 15% longer than any other battery with similar charging properties for a particular size, it would almost be unbeatable as long as they could protect it with patents. It would be a very stealthy type of improvement and it would be useful in practically every product Apple makes. It would practically put Apple at the forefront of every mobile company around.
post #28 of 161
Quote:
Originally Posted by PhilBoogie View Post

I don't think the board would talk to anyone on Apple matters outside of board meetings.


I don't think the board has any business knowing what's in the secret areas of products in Apple.  Imagine if they kept the board involved on what was coming when Eric Schmidt (the mole) was there.

The less the board knows, the better.

 

I call this article total bullish!t.  Apple is making crazy money and some a$$hat out there trying to get his 15-minutes of Apple fame thinks it's not enough.

post #29 of 161
This is nothing more than the same troll bait being regurgitated on tech forms. Talk about lake of innovation... This guy is the poster child.
post #30 of 161

Bravo each & every comment above! +1 here.

 

GTR's comment = Priceless LMAO

....the lack of properly optimized apps is one of the reasons "why the experience on Android tablets is so crappy".

Tim Cook ~ The Wall Street Journal - February 7, 2014

Inside Google! 

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....the lack of properly optimized apps is one of the reasons "why the experience on Android tablets is so crappy".

Tim Cook ~ The Wall Street Journal - February 7, 2014

Inside Google! 

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post #31 of 161

Fox "news"...nuff said....fantasy land.

post #32 of 161
Quote:
Originally Posted by Eideard View Post

Who pays any attention to FOX Biz News?  I don't even check the box on my D* DVR Guide to have it listed.

You misspelled "Faux News".
Quote:
Originally Posted by Don108 View Post

Fox is notorious for misrepresentation and outright lying. Believing anything they say, or reporting on it without making their repeated deceptions clear, places your credibility in jeopardy. I would point out that FOX fought for and won the right to lie in the case of TAMPA, INC. [legal name of a FOX subsidiary], versus JANE AKRE Case No. 2D01-529.

Glad you brought that up - saved me the trouble of having to look it up.

In that case, Fox argued that whistleblower statutes didn't apply because Akre's claim that Fox was lying was not protectable - since Fox had not legal obligation to tell the truth.

Of course, what do you expect from a company that admits that they're an entertainment station and not a news station?
"I'm way over my head when it comes to technical issues like this"
Gatorguy 5/31/13
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"I'm way over my head when it comes to technical issues like this"
Gatorguy 5/31/13
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post #33 of 161
Well, I can understand that innovative products like the iPod, iPhone and iPad can take years to develop, I CANNOT understand why it should take so long to UPDATE a THUNDERBOLT DISPLAY PLEASE!
post #34 of 161

I totally agree. I think Apple is trying to limit exposure of new products with competing companies like Samsung until they can find other suppliers. You know as soon as Apple comes out with anything new it will immediately be copied. I think there is a back log of products on the horizon. 

post #35 of 161
More FUD from analysts. The BoD does not leak info to the press concerning Apple. Sh1t, I remember when Jobs created markets six days a week and rested on Sunday.
post #36 of 161
To anyone that believes this Gasparino/Fox claptrap, I've got some beachfront property in Arizona to sell you.

What would these maroons call the new Mac Pro, for instance!? The quality of what passes off for 'news' has become really quite depressing. When I think it couldn't get any worse, it does.
post #37 of 161
I bet these analysts say Apple needs to make a viral video. Just press the Easy button.
post #38 of 161

Pfft! FOX news...enough said!

Mac Mini (Mid 2011) 2.5 GHz Core i5

120 GB SSD/500 GB HD/8 GB RAM

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Mac Mini (Mid 2011) 2.5 GHz Core i5

120 GB SSD/500 GB HD/8 GB RAM

AMD Radeon HD 6630M 256 MB

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post #39 of 161
Quote:
Originally Posted by sflocal View Post


I don't think the board has any business knowing what's in the secret areas of products in Apple.  Imagine if they kept the board involved on what was coming when Eric Schmidt (the mole) was there.

The less the board knows, the better.

In the Anglo-American system of governance, that is not an option. (The CEO reports to the Board -- they are his boss). All your thinking and due diligence on the person have to be done before you put someone on the Board.

That said, I can't say that SJ did a particularly good job on the Board front: a bunch of mediocrities, at best.
Edited by anantksundaram - 8/8/13 at 4:45pm
post #40 of 161
I don't believe this. Perhaps a casual comment about missing Steve's unique genius … but this? How about some news, as opposed to Faux News? After all I know of no other news organization that actually won the right to lie on the news in court, citing freedom of speech in their winning defense.

http://foxnewsboycott.com/resources/fox-can-lie-lawsuit/
From Apple ][ - to new Mac Pro I've used them all.
Long on AAPL so biased
Google Motto "You're not the customer. You're the product."
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From Apple ][ - to new Mac Pro I've used them all.
Long on AAPL so biased
Google Motto "You're not the customer. You're the product."
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