Billionaire venture capitalist Peter Thiel criticizes Apple’s innovation since Steve Jobs, saying the company has done “nothing new” after the late co-founder. Across reporting, Thiel argues Apple has focused more on improving existing products than creating entirely new market segments. He also points to broader concerns about stagnation in the smartphone sector and what it could mean for Apple’s longer-term outlook.

Thiel’s comments acknowledge that Apple remains financially strong, but he contrasts the company’s current leadership with what he views as more visionary figures. In particular, outlets highlight his preference for leadership styles associated with Steve Jobs and Elon Musk, and his view that Tim Cook does not match that approach. Business Insider foregrounds Thiel’s comparison of different CEOs, while Times of India emphasizes the sharper critique of Apple’s innovation strategy and the implications for the smartphone market.