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This week: why Apple is done chasing big hit products.  Plus: the demise of Pebble Watch is a bad omen for wearables; Foxconn secretly prepares to make more Apple products in the US; and we remember our favorite movies of 2016!

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On the show this week

@erfon / @lewiswallace / @lkahney

 

Apple stops swinging for the fences http://www.cultofmac.com/456698/apple-stops-swinging-fences/#more-456698

• Apple analyst Horrace Dediu says Apple’s cultural identity is undergoing a dramatic shift
• Instead of being in the “new hit product business”, Dediu told said that Apple is trying to become a “services and recurring-revenue business.”
• Dediu argues that constantly trying for home runs has been demoralizing for employees, so Apple CEO Tim Cook move away from that attitude.
• Will Apple ever have another “iPhone”?

Apple Says 35% of U.S. Merchants Accept Apple Pay