Satellite Hacking to Apple's Future in the Absence of Steve Jobs

Oct 04, 2016 10:15 AM EDT

It's been five years after the demise of Apple fellow benefactor Steve Jobs, the Silicon Valley tech giant is greater and more grounded, despite waiting questions over its future without the visionary pioneer.

Financially, Apple has been a relentless juggernaut: Its profit for the 2015 monetary year augmented to an astounding $53 billion on incomes of $234 billion - both figures multiplied since the last year of Jobs' rule before he kicked the bucket from pancreatic malignancy on October 5, 2011.

Apple's estimated worth is more than $600 billion, beneath its 2015 highs, however, more than twice its level of 2011 and holding above Google guardian Alphabet as the world's most significant organization.

However, a few analysts question whether Apple - which revolutionized the cell phone realm with its market disrupting iPhone that was presented in 2007 and made an inconceivable community of versatile applications - is losing energy.

Per a statement made by Jack Gold from J. Gold Associates, it's demanding to maintain a progressive innovation trend having developed an awesome product. This challenge increases as every successful generation of a product that is unleashed. The overbearing question that hits the producer is always trying to figure out what the next trend; this is often unclear.

In a blunt statement made by Vivek Wadhawa, a former Silicon Valley entrepreneur and professor at Carnegie Mellon University; Apple is hardly offering any new innovations instead the company is thriving on previous innovations.

Wadhawa continued to assert that Apple has not unleashed any intriguing innovations after Steve Jobs demise. Wadhawa re-affirmed his statement by giving a perfect example of the iPhone 7; he states that this device is very similar to its predecessor, the iPhone 6 since very little if any innovations have been incorporated in the device. He continues to assert that the company marketed the device greatly but it's the same device as its predecessors.

Lately, Apple has been engaged in new services such as mobile payments, music streaming, and work-in-progress in the autonomous and virtual reality technologies have also taken a toll on the company. However, this comes at a time when most of Apple's revenue is sourced from iPhone.