Apple's Former CEO Thinks The Apple Watch. from Katherina Link's blog

Former Apple CEO John Sculley offered his take on the Apple Watch and Apple Pay in a recent interview with Forbes.

technologyIf you enjoyed this information and you would certainly like to receive additional info pertaining to apple watch giveaway kindly visit the web page. Sculley lauded Tim Cook's success as CEO, but said he doesn't believe Apple takes enough dangers.

"If you state who in Silicon Valley is willing to go out and take the huge threats, change the video game, you see people like Amazon and Google, Facebook, want to take huge dangers to go into totally new industries than they were in previously.".

Sculley said Apple will certainly continue gaining ridiculous revenues even if they don't innovate brand-new items.

"The question is: is there anything on the horizon," he said. "I'm not convinced yet that the Apple Watch is one of those gadgets. Perhaps I'll be incorrect. However it isn't really clear to me that it's as huge an offer as an iPhone, or an iPad, or an iPod.".

Keep in mind Wall Street expects Apple to offer in the neighbourhood of 24 million Apple Watches next year.

But despite Sculley's negative thoughts about the Apple Watch, he's bullish about Apple Pay:.

"I believe Apple Pay can be a basic creative leap. Look what AliPay is doing. So I'm really optimistic about Apple Pay. But realistically, even if you're an optimist, it's going to take numerous years to deploy that around the world. And no retailer wishes to bet 100 % of their future just on Apple.".

technologyA minimum of some analysts share Sculley's optimism about Apple Pay: Barclays released a note on Monday indicating services as a development location for Apple in the next couple of years when they raised their target to $US140, up from $US120 per share.

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By Katherina Link
Added Aug 12

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