John Sculley is an American businessman, entrepreneur and investor in high-tech startups. He also served as the CEO of Apple from April 8, 1983 until leaving in 1993. In a recent interview with Forbes, Sculley lauded Tim Cook's success as CEO, but said he doesn't think Apple takes enough risks. The former CEO also shared his take on the Apple Watch and Apple Pay.
"If you say who in Silicon Valley is willing to go out and take the big risks, change the game, you see people like Amazon and Google, Facebook, are willing to take big risks to go into entirely new industries than they were in before."
The former CEO said Apple will continue reaping insane profits even if they don't innovate new products:
"The question is: is there anything on the horizon. I'm not convinced yet that the Apple Watch is one of those items. Maybe I'll be wrong. But it isn't clear to me that it's as big a deal as an iPhone, or an iPad, or an iPod."
While Sculley doesn't think the Apple Watch will succeed, he has a totally different opinion about Apple Pay:
"I think Apple Pay can be a fundamental creative leap. Look what AliPay is doing. So I'm very optimistic about Apple Pay. But realistically, even if you're an optimist, it's going to take several years to deploy that around the world. And no retailer wants to bet 100% of their future just on Apple."
What do you think about his views? Do you share them, as well, or you think Apple Watch will be a big hit?