Apple Alarm: New Google Maps is Here!

Critics said its data was faulty and search unreliable, and the lack of public transit directions and the absence of anything remotely similar to Google Street View was universally criticized. Apple chief executive Tim Cook even had to issue a public apology and tell users that a much-improved update was on its way.

Who Wins?

To its in-house app, Apple had added features such as turn-by-turn navigation and fly-over views of landscapes into its program. Google’s new app, newly built with vector-based graphics, brings back Street View, and adds Google Earth to offer Apple Flyover-like 3D views of buildings.

“It’s embarrassing for Apple to reuse Google’s map application as it suggests Apple failed to meet market expectations,” Samsung Securities analyst Hwang Min-Seong told Bloomberg. “This shows how much harder Apple had to push itself to come up with great innovations, only for it to end up as a big mistake.”

Up next: Apple’s move.

Don’t Miss: Is Apple Building a Secret Chip Factory?

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Premium Newsletters

Stock Investor Cheat Sheet

Stock Investor Cheat Sheet®

The ultimate Cheat Sheet for finding winning stock picks.
Learn More

Gold & Silver Newsletter

Gold & Silver

Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More

Commodities Premium Newsletter

Commodities Premium

There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more

ETF Investing

ETF Investing

At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business