Apple Slammed For Lack of Innovation, But iPhone Sales Are Still Expected To Peak In 2018

Sorry Apple fans, but Oppenheimer senior analyst Andrew Uerkwitz thinks the Cupertino giant does not have what it takes to lead the tech industry. Uerkwitz even issued a brutal note to talk about "strategic issues" in Tim Cook's company. In the note that was obtained by Business Insider on Friday, Uerkwitz wrote that he and the investment banking company actually think that Samsung's biggest rival does not have enough courage to be the leader of the industry in terms of innovation. He also noted that Apple has greater risks because of this. "We believe Apple lacks the courage to lead the next generation of innovation (AI, cloud-based services, messaging); instead will become more reliant than ever on the iPhone," a part of the note read.