“Trip Chowdhry, the Managing Director of Equity Research at Global Equities Research, is convinced that [iPhone 5C] will set a new record for the company,” Louis Bedigian reports for Benzinga.
“‘The new iPhones will be massively successful,’ Chowdhry told Benzinga this morning. ‘This will be the most successful product launch ever in the history of Apple,'” Bedigian reports. “These are surprising words from Chowdhry, who has been very critical of Apple’s managers. He frequently criticizes Apple for failing to deliver new and innovative products on a regular basis.”
Bedigian reports, “Chowdhry said that Apple needs to have a “complete innovation equation in place” and that it is time for CEO Tim Cook to move on to other work. ‘He’s an operational guy,’ said Chowdhry. ‘I’m not saying he’s a bad guy. He should be heading up operations.’ …Chowdhry also believes that Jobs, the upcoming movie about the life of Apple co-founder Steve Jobs, will evoke positive emotions toward Apple and its products.””
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