Is Tim Cook Pushing iOS Users Toward Competitors?

Apple (NASDAQ:AAPL) chief executive Tim Cook issued an apology for the quality of its new maps app on Friday, saying the company “fell short” on its commitment to deliver the best possible experience to its consumers. In a letter posted on the company’s website, Cook said Apple was sorry for the “frustration” the new program had caused customers and added that they were working hard on improving the software.

“We launched Maps initially with the first version of iOS,” Cook wrote in the letter. “As time progressed, we wanted to provide our customers with even better Maps including features such as turn-by-turn directions, voice integration, Flyover, and vector-based maps. In order to do this, we had to create a new version of Maps from the ground up.”

Apple has been a huge winning stock pick for Wall St. Cheat Sheet Newsletter subscribers. Don’t waste another minute — click here and get more of our CHEAT SHEET stock picks now.

Apple’s update to its mobile operating system last week replaced Google’s (NASDAQ:GOOG) maps app, which had been part of iOS devices since the launch of the first iPhone in 2007, with its own home-grown application. Users and tech reviewers did not take too kindly to the change, complaining that the new maps had fewer details, was ridden with errors, and lacked public transit options.

Interestingly, Cook suggested that consumers use alternatives including apps from MapQuest, Waze, or Microsoft’s (NASDAQ:MSFT) Bing, or even the web applications offered by Google or Nokia (NYSE:NOK), while Apple worked on the improvements.

According to reports, talks between the two companies first broke down over the issue of turn-by-turn voice directions, which Google offers on its own Android system, but not on iOS. Apple decided to cut Google’s contract with a year left on it and create its own application that included the new features.

Don’t Miss: Access Granted: Apple TV Plans Progress.

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