💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

WSJ: Apple product delays doubled under CEO Cook

Published 01/05/2018, 08:02 AM
© Reuters.  WSJ: Apple product delays doubled under CEO Cook
GOOGL
-
AAPL
-
AMZN
-
GOOG
-
  • The time between Apple (NASDAQ:AAPL) announcing a product and shipping the product has doubled with Tim Cook as CEO, according to The Wall Street Journal.
  • Over 70 new or updated products have launched under Cook. Five had a delay of three months or more, and nine had one to three month delays.
  • Steve Jobs had roughly the same amount of product launches but only one product that was delayed more than three months.
  • The HomePod smart speaker was meant to release in December before pushing back to early this year.
  • The delay took the speaker out of the holiday shopping season and allowed Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOGL) to get out ahead of Apple with newer, lower priced models that boast better sound quality, which was how Apple justified the premium HomePod price.
  • Previously: Apple confirms all its devices affected by processor exploits (Jan. 4)
  • Now read: Apple Revenue Math: Oh My


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.