Analyst: Investors have ‘zero confidence’ in Apple management

“I don’t know what to think about Global Equities’ Trip Chowdhry, the sole proprietor of tiny research firm with an outsized media presence,” Philip Elmer-DeWitt reports for Fortune.

“I used to see him as a kind of Wall Street troll — a provocateur who offered contrarian opinions about Apple just to get on CNBC,” P.E.D. reports. “See, for example, the 2014 Chowdhry pronouncement about the Apple Watch singled out by The Motley Fool as ‘the worst analyst’s call in history.'”

Today, Chowdhry offers up “six reasons Apple investors have ‘zero confidence Apple’s current Management and Apple’s Board,'” P.E.D. reports.

Read more in the full article here.

MacDailyNews Take:

We don’t call him Trippy Chowderhead for nothin’!

They only have 60 days left to either come up with something or they will disappear. It will take years for Apple’s $130 billion in cash to vanish, but it will become an irrelevant company … it will become a zombie, if they don’t come up with an iWatch. — Trip Chowdhry, Global Equities Research, March 20, 2014

SEE ALSO:
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iWatch: Apple is not here to entertain you – April 14, 2014
Fire Tim Cook? Absurd. Cook has added $140 billion to Apple shareholder value since becoming CEO – March 19, 2014
Apple can’t replace Steve Jobs, but it must try or something – March 12, 2014