According to today’s Wall Street Journal, Apple has seen the time between announcing a new product and shipping it rise to 23 days during the past six years. During the six years before that, the average was only 11 days. This is not a good sign for the tech titan. Apple used to keep lead times short to prevent rival tech firms from responding to a new product from Cupertino. These delays can also upset customers and cost the company money.
One example of a product delay that hurt Apple in its pocketbook is the ongoing one with the HomePod smart speaker. Devised by Amazon, this product …