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

Apple CEO Tim Cook is under growing scrutiny from analysts and investors despite a recent management shakeup, according to Benzinga. Craig Moffett of MoffettNathanson is one of the few analysts with a Sell rating on Apple stock. He criticized Cook’s lack of product innovation, noting the company has not delivered a transformative new product in over a decade, according to Fortune. He acknowledged Apple’s operational excellence but said that its success stems from executing strategies set in motion before his tenure. The criticism follows the announced departure of COO Jeff Williams and renewed calls for leadership better suited to drive AI innovation. Although Apple stock has remained stable, ongoing doubts about its innovation pipeline continue to weigh on sentiment. Apple scores low on Momentum and Value but ranks highly in Quality according to Benzinga’s Edge Rankings.