He laid out a plan, but it doesn't mean it'll get followed. Think, Cook can change what was left if he wishes to.
Apple's product are built 3 to 5 years in advance. When the original iPhone shipped, Apple was working on the iPhone 4. Cook's influence on products won't be seen for years and years (if ever).*
People forget Cook has basically been Apple's CEO for years. Once Apple became solvent, Jobs delegated the "normal" CEO duties to Cook so he could focus on long-term strategy and products. He even publicly announced he gave Cook the Mac division in 2007.
Tim Cook has been running Apple for awhile. That doesn't make him immune to making mistakes. I personally have a bad feeling about his new retail chief, but I think Cook will try to keep Jobs' core team as long as possible (which is why they're all receiving massive stock grants, promotions and Mansfield is staying on).
* Cook is not a product guy, and will leave product design/roadmaps/marketing up to the experts on his team. He's not going to go meddle in Jonny Ive's design lab. That's why Jobs picked him. He doesn't have that desire to control every aspect of the company (like Sculley did).
On another note, you have to remember that Apple's current leadership team is the same leadership team (Cook included) that saved Apple in 1997. These aren't new people (except the retail chief).
A nice bigger R&D department. I would rather invest in more R&D and securing more components than giving back to greedy investors. Better use of the money. That or making iTunes in the cloud much more reliable or making iMessage as good as BBM.
You know which tech company spends the most on R&D? Microsoft. Throwing more money at a problem doesn't necessarily equate to better products.
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