Innovation at Tim Cook's Apple  November 14, 2013: 7:22 AM ET
Steve Jobs was focused on innovative products. His successor is
focused on process.    FORTUNE -- At a Business Insider
conference Friday, ex-iPod hardware chief Tony Fadell praised
Apple (AAPL) CEO Tim Cook as an innovator.  But he wasn't
talking about whizzy new products like the iPhone or iPad.
Cook's expertise is in operations -- in the supply chain that
produces those iPhones and iPads.  "The number of turns he did
on the inventory was amazing," said Fadell, by way of example.
"That's a kind of innovation."  As if to underscore that point,
Bloomberg's Adam Satariano posted a long piece Wednesday about
the record $10.5 billion in capital expenditures that Apple has
earmarked in fiscal 2014 for things like aluminum milling
machines, laser polishers and industrial robots.  "Apple deploys
capital as a competitive advantage," says Asymco's Horace Dediu,
who produced the attached chart comparing what Apple and Samsung
each spend in a year with what