Peter Thiel says Apple has done 'nothing new' since Steve Jobs

Billionaire investor Peter Thiel says Apple has not delivered anything truly groundbreaking since Steve Jobs died in 2011. Speaking to Walter Isaacson on The Builders podcast, Thiel acknowledged Apple's financial strength but argued that the company has mostly been scaling and branding the original iPhone for about 15 years. He drew a clear line between corporate profit and genuine innovation.