Tim Cook is reportedly facing blame from his company regarding Apple’s “lack of innovation.”
Although the CEO doesn’t appear to be in jeopardy of losing his job, he is certainly facing increasing pressure from those inside the walls of the venerable tech giant.
According to a controversial report last night on FOX Business News, Apple’s Board of Directors isn’t pleased with the shortage of new products and services coming out of Apple’s pipeline these days.
FOX Business News, citing reliable sources, reports that Tim Cook will likely continue to feel the heat until Apple comes out with something – anything – new. Apple’s last innovation came in the form of the iPad mini, which was unveiled last October.
Since then, share prices have fallen precipitous while criticisms have soared.
“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,” FOX news correspondent Charlie Gasparino says. “And that concern is basically manifesting into pressure on Tim Cook to basically innovate – do something fast.”
Do you believe Tim Cook has stifled innovation since becoming CEO of Apple?