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Apple Investors Hope For 'More Of The Same' As CFO Transition Nears

Benzinga ·  Aug 27 13:56

Apple Inc.(NASDAQ:AAPL) is once again the center of Wall Street's attention, and not just for its tech gadgets.

The recent announcement that CFOLuca Maestriwill be stepping down on Jan. 1, 2025, and will be succeeded byKevan Parekh, the current vice president of Financial Planning and Analysis, has put Apple shares on a roller coaster.

While Maestri isn't leaving the building just yet—he'll continue to manage Corporate Services under CEOTim Cook—investors are eyeing the transition with a mix of hope and caution.

One Analyst Sees 'Consistency Of Execution', Other Sees The News...

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