Investing pro: New iPhones are not enough to keep Apple's stock going, it needs a new category
Even Jobs admitted that Cook is not a "product man." Cook doesn't have "the vision," and thus he doesn't have the authority to be a benevolent dictator. Nor does he have the charisma to project and maintain a reality distortion field. Today Apple spends almost $12 billion on R&D – double what it spent just a few years ago. But as outside observers,...