Overview

• LightShed Partners analysts Walter Piecyk and Joe Galone say Apple requires a product-focused CEO to address its AI shortcomings.
• Apple’s board, including long-standing directors Arthur Levinson and Susan Wagner, has declared that Tim Cook remains the best leader to guide the company.
• Sabih Khan, who has led Apple’s global supply chain and sustainability efforts, will replace Jeff Williams as chief operating officer this month.
• Apple’s stock has declined 16% so far in 2025, lagging behind Meta’s 25% gain and Microsoft’s 19% rise as investors question its AI rollout pace.
• Senior executives such as services head Eddy Cue have warned that the company risks becoming obsolete without faster progress on AI initiatives like the Siri overhaul.