“The reason for the company’s underperformance last year appears to be bearishness toward Apple’s iPhone sales path going forward,” Jamal Carnette writes for The Motley Fool. “More recently, multiple analysts have expressed doubts that Apple can continue its streak of increasing iPhone unit sales going forward. For 2016, Morgan Stanley analyst Katy Huberty expects Apple to ship 218 million units, a 6% decrease from the recently completed fiscal year.”
“While reasonable people can disagree about Apple’s iPhone sales, Global Equities Research Co-Founder Trip Chowdhry pulls no punches with his newest Apple commentary,” Carnette writes. “Instead of discussing the merits or limitations of the company as an investment, Chowdhry resorts to ad hominem attacks, calling Apple CEO Tim Cook ‘completely clueless.'”
“If you set aside the unnecessary rhetoric, and dig into Chowdhry’s concerns, his argument doesn’t pass muster,” Carnette writes. “Specifically, Trip Chowdhry blames Cook for fostering a culture of ‘bozos,’ and ‘destroying $486 billion in shareholder value.’ …Before you go call other people bozos, perhaps you should first ask if the moniker applies to yourself.”
Read more in the full article – recommended – here.
MacDailyNews Take: Trippy Chowderhead strikes again! Sounds like a movie title. Rated “S” for Stupid.
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. — Trippy Chowderhead, Global Equities Research, March 20, 2014
SEE ALSO:
Apple would be worth $1 trillion if market valued it like Steve Jobs-run company – January 4, 2016
Analyst: Investors have ‘zero confidence’ in Apple management – September 15, 2015
Analyst: Apple to unveil Apple TV App Store as soon as next week – October 8, 2014
Apple secretly developing a 3D printer? – May 16, 2014
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
[Thanks to MacDailyNews Reader “David E.” for the heads up.]
Don’t even buy a used car from this man:
Let me get this straight; Tim Cook has made more money for Apple that this clown will ever make for all of his employers combined and Tim Cook is the clueless one. Like the say it takes a special kinda stupid to make that claim. How much is LG and Samsung paying this guy?
Yes, no, and maybe.
According to the ouija, “all will soon be revealed.
No, not completely clueless.
The business of shitting on Apple must be a lucrative one these days…
This halfwit in a suit is incapable of enriching himself based on his own advice. Rather than do this, he chose to take low-paid employment at motley fool so he can then advise other people on how not to be like him. This is one genius act.
Hm, he just may not have the touch. It is apparent his marketing okays, are curious. His design oks are questionable. His new products oks, questionable.
He just may not have the touch, what he lacks he should buy.
Idiot is as udiot does.
Hey clam chowder..
Under Tim Cooks Tenure Apple has broken every record there is to break among public corps .. Latest one 2015 .. Most profitable public corp ever!
how much was made by Tim on new devices that Steve jobs didn’t bring to the market. The Apple Watch is the only new item and its rubbish.
You need to do a bit more studying on Apple and who did what .
Tim Cook was the one who made apple the profitable company it is… Even when Jobs was around.
That was his claim to fame then and it is now too.
Yes. Dump the tweek!
The reason for the company’s underperformance last year…
WTF? I think he’s attempting to talk about AAPL, as opposed to Apple the company. His clobbering of ‘bozos’ is appreciated. But this VAST disconnect between AAPL and Apple the company is beyond sane comprehension. It continues to reverberate my assertion that WallNut Street suffers from coke psychosis. Sheesh.
Cook runs Apple, the company, not AAPL, the stock. Apple the company has for years generated real financial performance resulting in real fundamentals ANY company would die for. 2015 was a record year for financial performance. The only underperformance has been in stock price, something outside the CEO’s control. The stock price is a product of the FUD that a few folks like Trip are able to peddle.
Apple Suxors!
(Now, who is supposed to be sending me a check for that? I’ll do it all day everyday for a decent payoff!)
Apple jumped the shark with its Gold plated Apple Watch. I don’t know anyone who owns an Apple Watch let alone a gold plated one. Two jumps in one product … It’s a shark jumping fest ….
The Apple Watch Edition is solid 18ct gold, not gold plated.
Short answer: Yes.