Apple’s Rate of Innovation Is Slowing, Says one Expert

Apple’s (AAPL) latest round of product innovations didn’t overly impress one expert. Bernt Wahl, who is on the faculty at UC Berkeley, was hoping for more from Apple following Wednesday’s new product releases, with included a new iPad Pro and a new iPhone. ‘I don’t think they created anything that was really mind boggling today, not like the old days when Steve Jobs would have something tremendously insightful’ said Wahl. He added that as Apple has gotten bigger, it’s rate of innovation has slowed. ‘They’re not willing to take the risks that they were able to take earlier,’ he said. ‘Now they are resting on their laurels.’ Wahl expects Apple will make incremental improvements, but other than the Apple Watch, he hasn’t seen a new innovation come out in the last couple of years.