Since Jobs died, the company has not been innovative. Probably because jobs rejected 99% of the ideas. I think Apple would have been in a much better place if Jobs was still alive.
Keep in mind, Jobs was not immune to having crap ideas. His whole success record began with the original iPod, and then he managed to create (or usher the creation) of a smooth OS that could run touch screens effectively without feeling laggy. The problem with Tim Cook is that he is not crazy like Steve Jobs, and so his eye for the innovative does not exist. In fact, I'd dare say he's like a bowl of unflavored oatmeal.