Apple Board of Directors 'Concerned' About the Speed of Innovation?Apple's Board of Directors has expressed concern about the company's "pace of innovation" according to a report from Fox Business Network's Charlie Gasparino. The board is normally extremely secretive and, if accurate, this report is unlike anything we've heard from inside the company in recent years. From what we understand, there is concern at the board level, sources are telling the Fox Business Network, about the pace of innovation over at Apple. What have they had lately? They had the iPad and a few other things, but they don't have anything innovating from what came from Steve Jobs and that concern is basically manifesting into pressure on Tim Cook to innovate, and to do something fast. We should point out, this is an interesting boardroom drama. It does not mean that Tim Cook is out of a job or that there is a job search out there, we don't know that and I don't believe that is happening. In fact, sources inside Apple are saying that's not the case. What we are able to confirm is that the board is worried about what is in the pipeline. Do they have the right stuff in the pipeline? Do they have innovative stuff in the pipeline? Do they have stuff to keep the momentum going? Apple's stock is currently down 35% from its all-time highs earlier this year, though the stock has made a bit of a run recently. Tim Cook's two-year anniversary as CEO of Apple is coming up on August 24th, and the company is expected to introduce new models of the iPhone and iPad this fall. Recent Mac and iOS Blog Stories • Rdio Updated with Highly Personalized Radio Stations • Google Showing New 'Relevant' Ads in Google Maps iOS App • 1Password Available for $10 Off Through Mid-August • Microsoft Targets iPad Mini in New Acer Iconia Ad • 'Disney Animated' for iPad Covers the History of All 53 Disney Films • House Key Scanning Service 'KeyMe' Launches for iOS to Help Users Recover from Lost Keys • YouTube Founders Launch 'MixBit', a Social Video App for iOS • Apple Seeking New Samsung Device Sales Ban in U.S. with Court Appeal
http://www.macrumors.com/2013/08/08/apple-board-of-directors-concerned-about-the-speed-of-innovation/
