Apple’s CEO Must Go As New Steve Jobs Is Needed, Hedge Fund Boss, Analyst Say

Criticism aimed against Apple is increasing these days after the company announced declining iPhone sales and the man in the first line to be blamed for this dropping performance is none other than CEO Tim Cook.

Despite the fact that Apple has generated $51 billion in revenue the last fiscal quarter, there are analysts who believe that Tim Cook isn’t the right man to lead the company, as Cupertino needs someone who is more of a visionary. Just like Steve Jobs was, that is.

One of the first to blast Tim Cook for his tenure at the helm of the company was industry analyst Bob Lefsetz, who used some pretty harsh words to explain that Apple needs a new CEO.

“Tim Cook needs to be replaced. Apple doesn’t need a traffic cop, it needs a visionary. Execution is important, but it’s secondary to inspiration. Th… (read more)

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