Apple's Board of Directors 'Concerned' With the Company's Pace of Innovation? [Video]
Apple's Board of Directors are reported 'concerned' with the pace of innovation at the company and are pressuring Tim Cook to deliver, according to FBN's Charlie Gasparino.
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?
Take a look at the video report below...