There is a lot of whining these days that Apple is no longer innovating. The contention is not true. My analysis of Apple’s innovations going back ten years shows that Apple continues to innovate at about the same pace as it was doing before. The big difference is that now the competition is innovating faster than Apple.
Finally a bit of good news for Apple bulls; Apple has just introduced the ability to use Siri to purchase movie tickets in the United States through Fandango. This is part of today’s release of the new version of iOS dubbed 6.1.
It is worth remembering that when iPhone 4S was introduced, the sales on the very first day were much better than expected, the sales for the first weekend broke records, and the sales accelerated throughout the quarter. Apple stock took off on a parabolic move.
The trigger for the excitement was Siri, the artificial intelligence based virtual assistant introduced for the first time in an iPhone. Siri had its flaws, but investors and users alike were very forgiving. Apple was brilliant with introducing Siri. It was the first time in a very long time that Apple introduced a feature as beta. It was easy for consumers and analysts to understand that Siri was a work in progress with great potential.
When iPhone 5 was introduced, the expectations were that Apple would have taken care of Siri’s short comings. But there was a huge disappointment in store for Apple fans. Apple did not fix the vast majority of flaws in Siri and did not appear to make much progress in advancing the technology…Read more at Forbes
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