Bank of America predicts a bolder Apple under new CEO John Ternus
Apple’s incoming CEO John Ternus
As Tim Cook prepares to hand the CEO reins to longtime hardware chief John Ternus on September 1st, Bank of America analysts expect the company to keep its highly efficient, cash-generating machine intact, while showing a greater appetite for bigger bets on R&D, capital spending, acquisitions, and new product categories.
Moz Farooque for TheStreet:Bank of America thinks that handoff may become more than just a management change, particularly as App