‘Apple is unprepared for…’ says stock analyst; claims company’s success has largely been due to…
Apple stock analyst Craig Moffett of Moffett Nathanson has reportedly questioned the company’s ability to launch new products under the leadership of CEO Tim Cook. According to a Fortune report, Moffett said “They (Apple) haven’t produced a major new product outside of possibly the earbuds in a decade.” “Apple has done far more to innovate process than it has product over Tim Cook’s tenure,” he added.
“Apple is unprepared for something that transformational,” Moffett said, referring to the next big wave in tech innovation.
