Peter Thiel says Apple has done 'nothing new' after Steve Jobs
Venture capitalist Peter Thiel criticized Apple for a lack of innovation since the death of Steve Jobs in 2011. He argued that the company has focused on branding rather than groundbreaking invention and suggested that eccentric leaders like Elon Musk are more beneficial to society.
Why it matters
Thiel's critique reflects a broader debate in the tech industry regarding the transition from visionary-led innovation to corporate-led scaling.
Peter Thiel said that after Steve Jobs died in 2011, Apple hasn't innovated. Justin Sullivan/Getty Images Peter Thiel said Apple hasn't innovated since the iPhone. Thiel said Tim Cook hasn't taken the company in new directions. The billionaire venture capitalist said eccentric CEOs like Elon Musk "are way better for society." Peter Thiel, evidently, isn't a fan of the iPhone Duo . In fact, the billionaire PayPal cofounder and tech investor said he hasn't been very impressed with much of anything that Apple has done since its eccentric founder, Steve Jobs, died of cancer in 2011. "In my telling, it did nothing new after Jobs," Thiel said of the iPhone maker in a September interview with author Walter Isaacson for the "Builder's Podcast," which was released on Thursday.
Also covering this story
2 other newsrooms covered this event. We read each version separately.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in