FORTUNE -- If you follow the Apple (AAPL) sell-side analysts long enough you get to know their hobbyhorses.
For Piper Jaffray's Gene Munster it's Apple television. For Bernstein's Toni Sacconaghi it's Apple's cash hoard. For Global Equities' Trip Chowdhry, it's Jon Rubinstein.
Yes, Jon Rubinstein, whom Wikipedia calls the "Podfather" for his role in developing Apple's portable music player. Since he left Apple in 2006, Rubinstein has had a hand in a series of high-profile products, including the Palm Pre and HP TouchPad. He currently sits on the board of Amazon (AMZN) and was, according to Chowdhry, instrumental in the development of Fire TV.
Here's the thing: Chowdhry wants Tim Cook out as Apple CEO and Jon Rubinstein in. And on this subject, Chowdhry is like a dog with a bone. He first raised the idea last summer and hasn't let go.
"The current executive team led by Tim Cook and Peter Oppenheimer have destroyed the shareholder value at Apple," he wrote in a July 7, 2013, note to clients. "Some are suggesting a new executive team with Jon Rubinstein as CEO and [former Apple CFO] Fred Anderson as CFO. Each of them have a proven track record of creating outstanding shareholder value at Apple."
Okay, Mr. Chowdhry. We get the message.
Tim Cook spent a record $16 billion last quarter. Carl Icahn wants him to spend more.
FORTUNE -- In April, Apple (AAPL) announced what is apparently the largest share repurchase program in the history of capitalism: $60 billion before the end of 2015.
By the end of June the company had already bought $16 billion worth of its own stock -- more than 25% of its eleven-quarter allocation in the space of MOREPhilip Elmer-DeWitt - Sep 26, 2013 4:44 PM ET
Global Equities Research's Trip Chowdhry pushes the envelope.
FORTUNE -- "Innovation at Apple is over," wrote Trip Chowdhry on Oct. 23, the day Apple introduced what would soon became the world's best-selling tablet computer. "The best is over for Apple. iPad mini is playing catch up to Google Android, probably will have a mediocre customer adoption."
It was par for the course for Global Equities Research's curiously wrong-headed Apple (AAPL) analyst. Two months MOREPhilip Elmer-DeWitt - Jul 7, 2013 6:40 PM ET
In five years, Apple has switched places with Dell as the student laptop of choice
Shares of Microsoft (MSFT) dropped nearly 2.5% in the opening hour of trading Wednesday thanks in part to a downgrade by Global Equities Research's Trip Chowdhry that included this bulletpoint:
70% of incoming University freshman students are coming with Macs, which is up ~10% - 15% y-y. Microsoft is failing to connect with the new generation of MOREPhilip Elmer-DeWitt - Aug 7, 2010 7:20 AM ET
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