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Benzinga
Benzinga
Business
Namrata Sen

Analyst With Sell Rating On AAPL Stock Warns Tim Cook's Company 'Is Unprepared For Something That Transformational'

Los,Angeles,-,Jul,15:,Tim,Cook,Arrives,For,The

Despite Apple Inc.‘s (NASDAQ:AAPL) recent management overhaul, CEO Tim Cook is facing mounting criticism from analysts over his leadership and the company’s innovation strategy.

What Happened: Craig Moffett of MoffettNathanson, who is one of the few analysts with a Sell recommendation on Apple stock, acknowledges Cook’s successful tenure but questions the lack of major new products under his leadership, Fortune reported.

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