“While some pundits question whether Tim Cook can steer Apple to new successes in a post-Steve Jobs era, investment firm UBS on Monday came out in full support of the Apple CEO, calling him the ‘right man for the time,'” Neil Hughes reports for AppleInsider.
“Following the company’s annual Worldwide Developers Conference this month, analyst Steve Milunovich said he believes Apple is gaining steam under Cook, who is remaking it under his own vision,” Hughes reports. “In a note to investors on Monday, a copy of which was provided to AppleInsider, he praised Cook for taking Apple in new directions that may be better suited for a company of its current size.”
“The analyst noted that in a meeting with Cook, the CEO told him that he felt a need to merge leadership of the company’s formerly disparate iOS and OS X teams,” Hughes reports. “Doing so would assure further cooperation — something that Milunovich believes is being done on an even greater scale within Apple, improving the company’s efficiency and potentially making it better at developing new products simultaneously… ‘We think Cook-doubters will be proven wrong,’ [Milunovich] said.”
Read more in the full article here.
MacDailyNews Take: Once again, as we’ve written many times and as recently as May 31st:
Those who underestimate Tim Cook’s Apple are in for a rude awakening.