iPhone 5 Defines Apple Success, Tim Cook-Style

Tim Cook is no Steve Jobs when it comes to leading Apple. As the debut of the new iPhone 5 just proved, that may not be a bad thing.

The taller, thinner and lighter phone prompted a rush on Wall Street to raise price targets for Apple stock, but the optimism was not because of a big technological advance or design breakthrough; the "wow" factor that was the trademark of the late Apple co-founder Jobs was decidedly absent.

Rather, it was the speed of the global launch that astounded, validating the new CEO's much-touted wizardry at the essential but unglamorous task of managing a supply chain.

 



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