Oppenheimer: Apple 'lacks the courage to lead the next generation of innovation'

Oppenheimer analysts have issued an unusually scathing Apple investor memo, charging that the company is headed in the wrong direction and poised for a "decade-long malaise" as a result. [Read More]

Summary… * Machine-Made


Oppenheimer analysts have issued an unusually scathing Apple investor memo, charging that the company is headed in the wrong direction and poised for a "decade-long malaise" as a result.
"We believe Apple lacks the courage to lead the next generation of innovation (AI, cloud-based services, messaging); instead will become more reliant than ever on the iPhone," senior analyst Andrew Uerkwitz wrote in the memo , seen by Business Insider.
"We believe Apple is about to embark on a decade-long malaise.
The risks to the company have never been greater.
"Apple has often been accused of being too dependent on the iPhone, which by far represents the biggest share of its revenue.

Opinion… * Man-Made


Apple lacks the courage to lead the next generation of #Innovation? #Trend

Source: Appleinsider