Aapl Investors Won T Wait Forever For New Apple Product Categories Warns Analyst
While Tim Cook and the rest of the Apple board may be content for Apple to take its time in launching new product categories, investors may be less patient, warns BTIG analyst Walter Piecyk. He also argued that neither the Mac Pro nor a rumored larger-screen iPhone 6 would meet market expectations of innovation. In the investment note, Piecyk cautions that Tim Cook could face renewed investor scrutiny if he doesn’t deliver … Piecyk appears happy with the direction Apple is rumored to be taking with new product categories – name-checking our own Mark Gurman in citing a sensor-focused iWatch as “a potentially mammoth opportunity” – his complaint focusing on the time it is taking to bring new products to market....