NEW YORK ( TheStreet) -- One of the constant complaints of critics against Apple (AAPL - Get Report) in the past two years is that they're no longer as innovative with Tim Cook and without Steve Jobs.
But that critique isn't really fair when you start comparing Apple to other tech giants.
It's still a big social network with a new mobile site. But it's only faster because their old mobile site had been so slow for two years.Facebook tried to "innovate" with their mobile site two years ago but they did so by betting big on HTML5, which ended up being a total bust for them. They bought Instagram because not enough people were using their homegrown Facebook photos. Post-closing, Facebook innovated at Instagram by urging the company to start selling users' photos to advertisers without user permission. It caused an uproar. Facebook innovated by displaying your Facebook email address as your primary one and hiding all others. Facebook innovated by putting more ads in your news stream. All these innovations were designed to create profits for Facebook and therefore shareholder value. But did any of them make us stop and say: "Wow -- I didn't see that coming." Clearly, no.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts