Peter Thiel says Apple has done 'nothing new' since Steve Jobs

Venture capitalist Peter Thiel has stated that Apple has not introduced significant new innovations since the death of its co-founder Steve Jobs in 2011. In a September interview with author Walter Isaacson for the 'Builder's Podcast,' released on Thursday, Thiel described Apple's post-Jobs era as primarily focused on scaling and branding, with limited groundbreaking inventions beyond the mobile phone.

While acknowledging the ubiquity of Apple products like MacBooks and iPhones, and the design success of AirPods, Thiel expressed disappointment with the company's lack of vision. He suggested that figures like Elon Musk and Steve Jobs were more beneficial to society than current CEO Tim Cook. Thiel did, however, refer to Apple as a 'pure, well-run value stock.'